Grifols reinforces Saudi Arabian presence with plasma deal

19 February 2020

Spanish drugmaker Grifols (GRF: MC) and the Public Investment Fund of Saudi Arabia (PIF) have announced a deal around the supply of plasma medicines in the region.

They have executed a non-binding term sheet to build a network of plasma collection centers and other facilities for the production of these medicines, including fractionation and purification plants, in Saudi Arabia.

The agreed term sheet is non-binding and Grifols and the PIF envisage working towards executing definitive agreements later.

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