World & BusinessSaudi Arabia announces $1.3 billion in biotech deals after Riyadh summit
Semafor reports that one deal includes a $130 million vaccine manufacturing plant, which would be the Gulf’s largest.
TLDR
Saudi Arabia announced $1.3 billion in biotech deals following a Riyadh summit, Semafor reports. The deals are part of the country’s push to become a global biotech hub by 2040. One includes a $130 million vaccine manufacturing plant that would be the Gulf’s largest.
Saudi Arabia announces $1.3 billion in biotech deals after Riyadh summit
Semafor reports that one deal includes a $130 million vaccine manufacturing plant, which would be the Gulf’s largest.
TLDR
Saudi Arabia announced $1.3 billion in biotech deals following a Riyadh summit, Semafor reports. The deals are part of the country’s push to become a global biotech hub by 2040. One includes a $130 million vaccine manufacturing plant that would be the Gulf’s largest.