A senior source in the Saudi medical sector revealed that the value of the pharmaceutical market in the Kingdom hit 5.92 billion Saudi Riyals ($1.6 billion) in 2001, reported Al-Hayat . This figure translates into a 11.6 percent growth rate compared with the previous year of 2000. The Director General of the Specialized Medical Hospital in Riyadh, Faisal Najjar, estimates Saudi spending on pharmaceutical imports at 4.7 billion Saudi Riyals ($1.2 billion). — (menareport.com)
© 2002 Mena Report (www.menareport.com)