RPDC signs Memorandum of Understanding (MOU) with Celltex Therapeutics Corporation

11 Feb

RPDC signs Memorandum of Understanding (MOU) with Celltex Therapeutics Corporation

Research Products Development Company (RPDC) and Houston-based biotechnology company Celltex Therapeutics Corporation have signed a Memorandum of Understanding (MOU) to establish a Stem Cell Therapy Bio-manufacturing Center in Saudi Arabia.

This agreement supports Saudi Vision 2030 to accelerate the creation of technology-driven industries and high-tech jobs, and will provide cutting-edge training and qualification in life sciences for Saudi Nationals.

The MoU will develop activities and implement strategies to enable the technology innovation in Saudi Arabia, promote the Intellectual Properties available to RPDC to maximize their commercialization and investment capabilities within the MENA region, and generate a strong pipeline of investment-ready opportunities.

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