Tuesday 19 / November / 2024
Muscat: A project will be inaugurated after three days in the city of Salalah, which will make it a regional centre for the pharmaceutical and biological industries.
The factory of Felix Pharmaceutical Industries will open next Wednesday in the Salalah Free Zone, under the auspices of Dr Hilal bin Ali Al Sabti, Minister of Health.
The factory is the latest project in the field of pharmaceutical industries in the Sultanate of Oman, which aims to transform the Salalah Free Zone into a regional centre for the pharmaceutical and biological industries, with investments amounting to about $150 million.
The project included 3 development phases, including the establishment of an advanced factory for pharmaceutical products and a centre for development and research. The company plans to produce more than 100 pharmaceuticals, including various types of drugs in the current phase and vaccines in the second phase, with a production capacity of one billion medicinal tablets and one billion capsules annually for the first phase.
The factory is currently witnessing opportunities and operational plans locally and internationally, and its products are marketed in the Sultanate of Oman, the State of Qatar, and a number of other countries in the region. The factory was built according to approved international specifications, which qualifies it to enter the global markets.
This project, in 2018, was the foundation stone for the Felix Pharmaceutical Industries Group was laid and later in 2021, according to a statement by an official in the company published in local newspapers; the company began to cover the needs of the market by more than 35 per cent. The company also seeks to secure the Omani market first, and then export locally manufactured products to the countries of the Gulf Cooperation Council, Yemen and Iraq, in addition to targeting the African market in the plan.
