ALKEM LABORATORIES SUBSIDIARY IN SAUDI ARABIA: PLANS NON-U.S. FOOTPRINT
PharmaGenDRx News Bureau – 16th August, 2025
10:00 AM IST
According to recent Press coverages, Alkem Laboratories Limited is strengthening its global presence by expanding beyond the United States market. Following which the company is reportedly set to incorporate a subsidiary in the Kingdom of Saudi Arabia. It has also been heard that the company will be holding a 51% equity stake in partnership with a local Saudi firm.
The new plant aims to capture the Middle East’s fastest growing market and will focus on nutraceuticals along with pharmaceutical products.Media reports highlight that this move aligns with Alkem’s broader plan to diversify its international revenue streams and reduce dependence on the US market.
As per financial year reports Alkem continues to show a strong financial growth with about more than 600 Crore net profit. This new strategy will mark another milestone in Alkem’s global growth journey.
By Sharon Bose and Arundhuti Chatterjee
