Lana signs SAR 14.66M contract with Riyadh Third Health Cluster

11/01/2024 Argaam

Lana signs SAR 14.66M contract with Riyadh Third Health Cluster

Logo of Lana Medical Co.

Lana Medical Co. signed a contract, on Jan. 4, to collect and store hazardous healthcare waste of health facilities affiliated with the Riyadh Third Health Cluster for a total amount of SAR 14.66 million, including value-added tax (VAT). 

 

The duration of the contract is five years, the company said in a statement to Tadawul, noting that the date of awarding the project was Dec. 31, 2023. 

 

The project is expected to have an impact on Q1 2024 financials, the statement said, adding that there are no related parties to the deal. 

 

Any updates will be announced in due course, especially after receiving the project. 

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