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Pharmaceuticals Factory - Hail
Overview
Establishing a pharmaceutical factory in Hail Industrial City at a total investment cost of SAR 230 million, to produce 40 different products. The factory comprises four production lines with a capacity to annually manufacture one billion tablets, 250 million capsules, 10 million bottles of cream, 20 million bottles of syrup medicines, and 10 million injections. The factory includes also seven packing lines.
Project Information
- Health care > Health Care Products
- The company signed a contract on 6/18/2013 to construct the pharmaceutical factory buildings in one of the national contracting companies.
- Civil construction was completed during the third quarter of 2014.
- AJA Pharmaceutical Industries Company is wholly owned by Saudi Chemical Company.
- The company announced the start of commercial production of the first phase of the tablets and liquids in September 2018, with the financial effect appearing during the first quarter of 2019.
- The experimental operation of the special production lines started with tablets and capsules and the manufacture of experimental batches for a number of products on 21/05/2018.
- Liquid product lines were tested and tested and the manufacturer granted the necessary license to the beverage industry on 16 January 2018. And the commercial production of the tablets and liquids lines began on 16 September 2018. The experimental production of the creams and ointments line is expected to commence during the fourth quarter of 2019.
- 5 manufacturing and packaging contracts were signed for international companies with a total of 59 products, in addition to 4 contracts signed with international European companies to add new medical products during 2019.
- A contract was signed with the company "Ullmann - German" to complete the initial packaging lines with a secondary packaging line expected to be completed installation and operation at the beginning of the third quarter 2020.
- A production line will be installed with the preparation of tablets and capsules for initial packaging, expected to be completed during the fourth quarter 2020.
- Signing an agreement to distribute its products with distribution companies in: the Emirates, Oman, Bahrain and Yemen,An agreement for Kuwait was to be signed during the first quarter of 2020.
- The company announced the establishment of a strategic business unit for medicines that includes the manufacture, marketing, distribution, sale and trade of medicines and medical and non-medical equipment produced at the company's factories (Aga Pharma) in Q2 2020.
- In Q2 2021, the company announced the signing of an agreement with GlaxoSmithKline Consumer Healthcare Saudi Ltd. to manufacture pharmaceutical products at the factory.
- In Q4 2022, the company started the initial commercial production steps towards commercializing “Panadol Extra”, one of Haleon (GSK consumer healthcare) products.
Owners
Related Parties
Financing Sources
Project Developments
A look at Saudi Chemical’s strategic, expansion plansArgaam Special08/04/2020
Saudi Chemical starts manufacture, sale of ‘Panadol Extra’Argaam20/11/2022
AJA Pharma said to launch new plant on Nov. 17Argaam12/11/2015
Saudi Chemical to launch trial production at Aja Pharmaceuticals this yearArgaam - Exclusive24/02/2015
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