Logo of Lana Medical Co.
Lana Medical Co. won today, May 12, a project contract with the Ministry of Health valued at SAR 77.23 million.
The project involves the collection and storage of hazardous healthcare waste at healthcare facilities within the Madinah Health Cluster, according to a statement to Tadawul.
Under the contract terms, Lana will provide the services over 60 months, starting from the site handover date following contract signing and approval by the Ministry of Finance, in line with project specifications and the bill of quantities.
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The contract is expected to be signed on June 1, with financial impact to begin in Q3 2025. There are no related parties to the contract, the statement added.
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