Fakeeh Care signs SAR 51.6M contract to supply IVD products

06/11/2024 Argaam
Dr. Soliman Abdel Kader Fakeeh Hospital Co. (Fakeeh Care)headquarters

Dr. Soliman Abdel Kader Fakeeh Hospital Co. (Fakeeh Care) headquarters

Dr. Soliman Abdel Kader Fakeeh Hospital Co. (Fakeeh Care) and its subsidiaries announced that Dr. Soliman Fakeeh Hospital Jeddah signed today, Nov. 6, a contract with Roche Diagnostic Saudi Arabia Ltd, for the supply of in-vitro diagnostics (IVD) products to perform diagnostics test in its laboratories across various Fakeeh Care's group entities.

 

The eight-year contract is valued at SAR 51.6 million, excluding VAT, according to a Tadawul statement.

 

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The deal is to supply reagents and disposables, test strips, chemicals and electrodes, Including washing, cleaning, and calibration solutions.

 

It is expected that the contract will affect the group's financial results during the eight-year period.

 

There are no related parties to the deal, the statement noted.

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