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Co-Diagnostics' joint venture leases facility in Saudi Arabia to boost local molecular diagnostics manufacturing.

Company Fundamentals
08 May 2026
PRNewsWire
View Source
Bullish
pluang ai news

Co-Diagnostics' joint venture, CoMira Diagnostics, has signed a lease for a manufacturing facility in Sudair Industrial City, Saudi Arabia, marking a key step in advancing local production of molecular diagnostic tools. This move aligns with Saudi Arabia's Vision 2030 goals to enhance healthcare infrastructure and domestic manufacturing. The facility will support production of Co-Diagnostics' PCR platform and related technologies, pending regulatory approvals, and aims to strengthen supply chain resilience and government procurement opportunities. This expansion is part of Co-Diagnostics' broader strategy to grow internationally through localized partnerships, including ventures in India and the MENA region.

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