Oman: $150mln pharma factory opens in Salalah Free Zone

  • Date: 26-Jan-2023
  • Source: Zawya
  • Sector:Industrial
  • Country:Oman
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Oman: $150mln pharma factory opens in Salalah Free Zone

Salalah: The Philex Pharmaceuticals manufacturing factory in the Salalah Free Zone was opened on 25 January, 2023, under the patronage of Dr. Hilal Ali Al Sabti, Minister of Health.

The manufacturer is an important contributor to securing the Omani markets with the pharmaceutical needs in the first place. It also seeks to export locally manufactured products to the GCC and Arab countries, as well as the African market shortly.

The manufacturer, built according to international standard specifications, currently has local and global opportunities and operational plans. The drug products are marketed in Oman, Qatar, and other countries.

The project included three stages of development; establishing an advanced pharmaceutical manufacturer and a development & research center. In the current stage, the manufacturer plans to produce more than 100 pharmaceuticals, including various types of medicines and vaccines in the next stages with a production capacity of one billion tablets and one billion capsules annually for the first stage.

The manufacturer is the most recent project in the pharmaceutical field in the Sultanate of Oman, aiming to shift Salalah Free Zone to a regional center for pharmaceutical & biological industries with investments of about $150 million.

With opening Philex factory, the total existing investments in pharmaceutical and medical