Egypt’s Pharco to establish $150m pharmaceutical city in Saudi Arabia

The target start date of operations is within two years, according to the executive. (Supplied)
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RIYADH: Egypt’s Pharco Pharmaceuticals Corp. will establish a pharma city in Saudi Arabia with a $150 million investment, board chairman Sherine Helmy, told Asharq Business.

He revealed that Pharco will start working immediately to set up the city, where it plans to produce various medicines besides biological products and vaccines.

The target start date of operations is within two years, according to the executive.