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Logo of Lana Medical Co.
Lana Medical Co. won a SAR 3.2 million contract for the safe disposal of hazardous medical, biological, chemical, and veterinary waste at King Faisal University.
The contract runs for 36 months, starting from site handover following contract signing and approval by the Ministry of Finance, the company said in a Tadawul filing.
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Lana said the project marks an important step in its plan to expand integrated waste management solutions in the healthcare sector, focusing on improving service quality, applying global best practices, supporting national initiatives to curb pollution and enhance public health, and advancing sustainability by reducing the environmental impact of waste transport and disposal.
The financial impact is expected to appear starting in the first quarter of 2026, it said, adding that no related parties are related to the deal.
The award highlights Lana’s ability to deliver large-scale healthcare projects to the highest technical and operational standards, and is aligned with its strategy to strengthen leadership in environmental services and support Saudi Arabia’s Vision 2030 sustainability goals.
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