Riyadh – Sharikat Mubasher: Lebanese healthcare company Benta announced signing a strategic agreement to establish its first Saudi operations, marking a key step in its regional expansion.
According to the company’s post on LinkedIn, the deal was formalized in the presence of Bandar Ibrahim Alkhorayef, Saudi Minister of Industry and Mineral Resources, and signed by MODON’s CEO, Majed Al-Argoubi, and Bernard Tannoury, Benta Chairman and CEO.
Benta will invest in a new facility covering more than 51,000 square meters in Sudair Industrial City to manufacture pharmaceuticals, biologicals, biosimilars, oncology treatments, and implantable medical devices.
The project supports Saudi Arabia’s Vision 2030 goal of localizing healthcare manufacturing and advancing pharmaceutical innovation, strengthening the Kingdom’s position as a regional hub for medical industries.
