“It is noteworthy that the warehouse has insurance coverage for such incidents,” SPIMACO said in a statement to Tadawul.
“The financial impact of this fire will be announced later after the issuance of the civil defense report and the loss adjuster report.”
SPIMACO announced last year that it had signed a memorandum of understanding to be the distributor of German COVID-19 vaccine CureVac in the kingdom, with the option to extend to the UAE, Kuwait, Oman and Bahrain.
(Writing by Imogen Lillywhite; editing by Daniel Luiz)
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