By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Gulf PressGulf Press
  • Home
  • Gulf News
  • World
  • Business
  • Technology
  • Sports
  • Lifestyle
Search
Countries
More Topics
  • Health
  • Entertainment
Site Links
  • Customize Interests
  • Bookmarks
  • Newsletter
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Reading: Novo Nordisk Saudi Arabia to Supply Over 50% of Saudi Arabia’s Insulin Needs
Share
Notification Show More
Latest News
US-Denmark tensions over Greenland ‘not the end’ of NATO, Sprūds says
World
Mother of all deals: Piyush Goyal on proposed FTA with EU
Business
Instant electronic system links across government to verify social assistance claims
Gulf
Parkin issues fraud alert, tells how to identify scams1h ago1m read
Gulf
AI has so many benefits, but it could 'kill us all'3m read
Business
Aa
Gulf PressGulf Press
Aa
  • Gulf News
  • World
  • Business
  • Entertainment
  • Lifestyle
  • Sports
Search
  • Home
  • Gulf
  • Business
  • More News
    • World
    • Technology
    • Lifestyle
    • Entertainment
    • Sports
Have an existing account? Sign In
Follow US
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Gulf Press > Business > Novo Nordisk Saudi Arabia to Supply Over 50% of Saudi Arabia’s Insulin Needs
Business

Novo Nordisk Saudi Arabia to Supply Over 50% of Saudi Arabia’s Insulin Needs

News Room
Last updated: 2024/10/21 at 6:04 PM
News Room
Share
3 Min Read
SHARE

Lifera has recently announced an exciting partnership with Novo Nordisk, the leading producer of insulin worldwide. Through Lifera’s subsidiary, SaudiBio, the two companies have agreed to localize insulin production in Saudi Arabia. This move is set to foster technology transfer and cultivate a skilled local biopharmaceutical workforce with aseptic production capabilities. By 2027, Saudi Arabia is poised to become the first producer of a biologic innovator insulin in the Gulf Cooperation Council (GCC) region. These efforts towards insulin manufacturing localization will not only enhance the country’s economy by growing the biopharmaceutical sector but also contribute to Saudi’s Vision 2030.

Lifera’s Mission is focused on improving Saudi Arabia’s biopharma resilience and enabling the National Biotechnology Strategy, both of which are furthered through the localization of insulin, an essential medicine, and the development of state-of-the-art biomanufacturing capacity. This significant achievement in local biopharmaceutical manufacturing has facilitated top-tier global knowledge transfer and will help train the next generation of Saudi workforce skilled in highly technical aseptic manufacturing. It is expected to create over 200 high-skilled jobs in Saudi Arabia by 2027/28, contributing to the growth of the local economy and providing valuable employment opportunities.

The partnership between Lifera and Novo Nordisk not only enhances access to affordable medications but also strengthens the nation’s healthcare supply chain. With Novo Nordisk Saudi Arabia bringing innovation closer to patients living with diabetes in the Kingdom of Saudi Arabia, the announcement of Insulin Local Manufacturing is a step towards ensuring sustainable access to innovative medication. Collaborating with NUPCO, the Local Content and General Procurement Agency (LCGPA), and other key stakeholders is crucial in improving the quality of life for people living with diabetes in the region.

Dr. Ibrahim Aljuffali, Chairman of the Lifera Board of Directors, expressed his pride in counting Novo Nordisk as a customer and the trust placed in Lifera to meet and exceed their rigorous standards. Through this partnership, Lifera is taking a significant step towards achieving its mission of localizing the manufacturing of essential medicines in Saudi Arabia and enabling the National Biotechnology Strategy by deploying state-of-the-art biomanufacturing capacity. This collaboration marks a milestone in the local biopharmaceutical industry and showcases Saudi Arabia’s commitment to advancing healthcare and technology within the region.

Overall, the agreement between Lifera and Novo Nordisk signifies a strategic move towards advancing the biopharmaceutical sector in Saudi Arabia and achieving self-sufficiency in insulin production. By localizing insulin manufacturing, the country is not only creating opportunities for economic growth and technological advancement but also improving access to essential medications for those in need. This partnership underscores the importance of collaboration and innovation in driving positive change within the healthcare industry, ultimately benefiting the people of Saudi Arabia and beyond.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
News Room October 21, 2024
Share this Article
Facebook Twitter Copy Link Print
Previous Article USD/JPY Price Forecast: Reaches 12-Week High Near 150.50
Next Article Riyadh Season 2024 draws in 2 million visitors in just one week
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3k Followers Like
69.1k Followers Follow
56.4k Followers Follow
136k Subscribers Subscribe
- Advertisement -
Ad imageAd image

Latest News

US-Denmark tensions over Greenland ‘not the end’ of NATO, Sprūds says
World January 17, 2026
Mother of all deals: Piyush Goyal on proposed FTA with EU
Business January 17, 2026
Instant electronic system links across government to verify social assistance claims
Gulf January 17, 2026
Parkin issues fraud alert, tells how to identify scams1h ago1m read
Gulf January 17, 2026

You Might also Like

Business

Mother of all deals: Piyush Goyal on proposed FTA with EU

January 17, 2026
Business

AI has so many benefits, but it could 'kill us all'3m read

January 17, 2026
Business

80% of India’s startups are AI-led: India’s IT Minister

January 17, 2026
Business

OMNIYAT marks 20 years with an immersive celebration at The Lana, Dorchester Collection, Dubai

January 17, 2026
Business

Mashriq Elite set to deliver over 1,200 residential units in two years

January 16, 2026
Business

Dubai to Host Prestigious World Laureate Summit with WGS 2026

January 16, 2026
Business

Polynome Group to drive AI adoption among 1,500+ global leaders at Machines Can Think 2026

January 16, 2026

Why the world needs more lithium and sodium: Lithium rush the battery metal powering the world

January 16, 2026
//

Gulf Press is your one-stop website for the latest news and updates about Arabian Gulf and the world, follow us now to get the news that matters to you.

Quick Link

  • Privacy Policy
  • Terms of ue
  • Advertise
  • Contact

How Topics

  • Gulf News
  • International
  • Business
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our latest news instantly!

I have read and agree to the terms & conditions
Gulf PressGulf Press
Follow US

© 2023 Gulf Press. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

I have read and agree to the terms & conditions
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?