Saudi Arabia’s MODON leases land for blood plasma derivatives plant

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Thu, 2021-04-01 12:58

RIYADH: The Saudi Authority for Industrial Cities and Technology Zones (MODON) has leased land north of Riyadh to develop a SR300 million ($80 million) plant to make blood plasma derivatives.
The facility will be developed at Sudair Industrial City with manufacturer AlphaBioViz Co, Al Eqtisadiah reported.
The plant will reduce the need to import derivatives from abroad and it comes as the sector attracts increased investment in the wake of the coronavirus pandemic.

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