BioSpace.com

Biotech and Pharmaceutical
News & Jobs
Search the Site
 
   
Biotechnology and Pharmaceutical Channel Medical Device and Diagnostics Channel Clinical Research Channel BioSpace Collaborative    Job Seekers:  Register | Login          Employers:  Register | Login  

NEWSLETTERS
Free Newsletters
Archive
My Subscriptions

NEWS
News by Subject
News by Disease
News by Date
PLoS
Search News
Post Your News
JoVE

CAREER NETWORK
Job Seeker Login
Most Recent Jobs
Browse Biotech Jobs
Search Jobs
Post Resume
Career Fairs
Career Resources
For Employers

HOTBEDS
Regional News
US & Canada
  Biotech Bay
  Biotech Beach
  Genetown
  Pharm Country
  BioCapital
  BioMidwest
  Bio NC
  BioForest
  Southern Pharm
  BioCanada East
  US Device
Europe
Asia

DIVERSITY

INVESTOR
Market Summary
News
IPOs

PROFILES
Company Profiles

START UPS
Companies
Events

INTELLIGENCE
Research Store

INDUSTRY EVENTS
Biotech Events
Post an Event
RESOURCES
Real Estate
Business Opportunities

 News | News By Subject | News by Disease News By Date | Search News
eNewsletter Signup
Miles
Km80.5

   

Sanofi (France) (SAN.PA) to Establish New Faculty and Jobs in the Kingdom


12/18/2012 7:01:55 AM

Sanofi, a global diversified healthcare leader lays its foundation stone in King Abdullah Economic City. Sanofi will be first global pharmaceutical company to establish its industrial facility with a 100 percent foreign direct investment in the Kingdom, as it was given a unique opportunity to develop its independent presence in the Kingdom in the year 2011, by establishing itself as an independent business entity facilitating its operations in Saudi. The foundation stone was laid in a memorial ceremony with the presence of His Excellency Bertrand Besancenot the French Ambassador to Saudi Arabia, Top executives from Sanofi, Fahd Al-Rasheed, Managing Director and CEO of KAEC addition to representatives of the Economic Cities Authorities. This facility , which will see the creation of jobs, new technology and science, is being hailed as a major milestone towards supporting patient's needs in the Kingdom while giving Sanofi a strategic advantage to strengthen its existence in this important market. The plant, which is to be built on a 35,000 square meter land, will initially produce oral anti-diabetic and cardiovascular products. On this occasion, Mr. Philippe Luscan, Sanofi's Senior Vice President for Industrial Affairs declared: "We are delighted to be together today with King Abdullah Economic city our partner, in order to lay the cornerstone for the beginning of the construction works for Sanofi pharmaceutical factory in KAEC industrial valley zone. We are further proud that this pioneer project is the first of its kind in the Kingdom and the Gulf Area that offers world-class treatment solutions. In fact, the encouraging investment environment and the solid economic situation in Saudi Arabia have had a conclusive effect on our decision to go ahead with this project."

Read at AME Info
Read at News Release

   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES