MS Pharma Announces Strategic Growth Investment from Olayan Financing Company

MS Pharma announced that Olayan Financing Company (OFC) has made a minority equity investment in the company. This partnership brings strategic depth to MS Pharma's next phase of growth, underscoring its commitment to innovation, regional expansion, and long-term value creation. It also marks the beginning of a long-term partnership between OFC and MS Pharma's existing majority shareholders, who have distinguished themselves through decades of leadership and excellence in the pharmaceutical sector.

The transaction involves MS Pharma issuing new share capital in exchange for a substantial cash investment from OFC, resulting in OFC acquiring a minority stake in the company.

The investment strengthens MS Pharma's financial position and flexibility to advance its ambitious growth plans in the MENA region, supporting the expansion of its biosimilars portfolio, manufacturing capabilities, and supply chain resilience across MENA to better serve patients, healthcare providers, and partners across the region.

Commenting on the new partnership, Ghiath Sukhtian, Chairman of MS Pharma, said: "We are delighted and honored to welcome OFC as partners in the company. Their global operational and investing expertise, as well as their deep roots in KSA, will add significant value to MS Pharma and benefit all our stakeholders. This investment reflects the exceptional quality and commitment of our people across the organization, whose leadership and consistent execution have been instrumental in building MS Pharma into the platform it is today."

Kalle Kaend, CEO of MS Pharma, added: "This investment comes at an exciting inflection point for MS Pharma. It will enable us to deepen our expertise in biologics, expand our reach in KSA and the wider MENA region, and accelerate our growth in biosimilars. We look forward to leveraging OFC's experience and established network across KSA to achieve our ambitious goals while continuing to build a high-performing organization that delivers long-term value to patients, partners, and our employees."

Nabeel Al-Amudi, CEO of Olayan Financing Company, remarked: "MS Pharma has established itself as a leading pharmaceutical platform in the region, with strong capabilities across generics and biologics. We are pleased to partner with the company at this stage of its growth and look forward to supporting its continued expansion in Saudi Arabia and across the MENA region, in alignment with our long-term investment philosophy."

The partnership builds on MS Pharma's leadership in biosimilars, particularly in KSA, where its biologics site became the first in the Kingdom to receive SFDA GMP approval for biologics manufacturing. This year, the company also plans to become the first supplier of locally manufactured biologics to the Saudi market. These milestones reinforce the company's commitment to localization under the Saudi National Biotechnology Strateg