Riyadh, Kingdom of Saudi Arabia, October 28, 2025: NEOM, the sustainable region taking shape in northwest Saudi Arabia, has signed a strategic memorandum of understanding (MoU) with WuXi AppTec, a leading global pharmaceutical contract research, development and manufacturing organization (CRDMO).

Under the terms of the agreement, a collaborative framework will be established between the two entities to explore the localization of pharmaceutical research, development and manufacturing capabilities in Saudi Arabia. The long-term intention of the collaboration is to create world-class CRDMO facilities at Oxagon, NEOM’s advanced and clean manufacturing city, or other locations in Saudi Arabia.

                 

In support of Saudi Arabia’s economic diversification and innovation strategies, the MoU represents a significant step forward in advancing the Kingdom’s biotechnology ambitions and reflects a mutual commitment to driving long-term growth in pharmaceuticals and healthcare.

By aligning world-class expertise with national goals, the partnership between NEOM and WuXi AppTec aims to create the conditions for advanced manufacturing and sectoral growth that will serve both regional and global markets. The agreement leverages NEOM’s advanced and clean manufacturing facilities at Oxagon, while also reinforcing WuXi's world-class capabilities to build a thriving biotech ecosystem.

At its core, the partnership represents a meeting of minds, with WuXi AppTec a global leader with decades of experience in enabling biopharmaceutical innovation, and NEOM an essential element of Saudi Vision 2030 and key enabler of its bold National Biotech Strategy. Working together, the two parties aim to redefine business and chart new pathways that not only serve the Kingdom’s long-term targets but also set a new benchmark for global collaboration in pharmaceutical innovation.

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About NEOM

NEOM is an accelerator of human progress and a vision of what a New Future might look like. It is a region in northwest Saudi Arabia on the Red Sea being built from the ground up as a living laboratory - a place where entrepreneurship will chart the course for this New Future. It will be a destination and a home for people who dream big and want to be part of building a new model for exceptional livability, creating thriving businesses and reinventing environmental conservation.

NEOM will include hyperconnected, cognitive cities, ports and enterprise zones, research centers, sports and entertainment venues and tourist destinations. As a hub for innovation, entrepreneurs, business leaders and companies will come to research, incubate and commercialize new technologies and enterprises in groundbreaking ways. Residents of NEOM will embody an international ethos and embrace a culture of exploration, risk-taking and diversity.

For further information email media@neom.com or visit www.neom.com and www.neom.com/en-us/newsroom.

About WuXi AppTec

WuXi AppTec is a trusted partner and contributor to the pharmaceutical and life sciences industries, providing R&D and manufacturing services that help advance healthcare innovation. With operations across Asia, Europe and North America, we offer integrated, end-to-end services through our unique CRDMO (Contract Research, Development, and Manufacturing Organization) platform. We are privileged to work alongside nearly 6,000 partners across 30+ countries, supporting their efforts to bring breakthrough treatments to patients. Guided by our vision that every drug can be made and every disease can be treated, we are committed to advancing breakthroughs for patients—one collaboration at a time. Learn more at www.wuxiapptec.com.