Jeddah,SPA:
King Abdulaziz University (KAU) today signed an agreement with a local medicines factory licensing three patents owned by the university, and enabling the factory to start developing, manufacturing and marketing the products.
KAU President Prof. Abdulrahman Obaid AI-Youbi said that the agreement reflects both sides’ keenness to match the outcomes, development and licensing of scientific research to serve the medicinal industries that are considered one of the most important elements of Saudi Vision 2030.
The agreement also represents a gesture of interest of KAU to develop distinguished relations and partnerships with industrial sectors and the society through participating in producing, renewing and developing knowledge, added AI-Youbi.