Released on = November 27, 2006, 9:44 pm

Press Release Author = RNCOS

Industry = Industrial

Press Release Summary = There has been a slow Saudisation, which is causing
apprehension, in Saudi pharma industry, on the helplessness to hire competent sales
assistants and pharmacists from the Kingdom.

Press Release Body = Saudi pharma industry is apprehensive of its helplessness to
hire competent sales assistants and pharmacists from the Kingdom. The biggest
reasons behind this lethargic move in Saudisation include long working-hours, low
salaries, and plenty of foreign workers working for less money.

Experts estimate, there’re above 20,000 men & women from adjoining countries
who are serving Saudi pharma industry. There’re numerous pharmacies throughout
the Kingdom, which could possibly provide job to thousands of Saudis.

Number of Saudi pharmacists making their way into the industry isn’t going to
be above 250 in next 3 years. It’s likely that there’ll be total 12,500
Saudis working, in 1445 AH (i.e. Advance Healthcare), in the industry. This number
indicates that there’s a need for establishing more pharmaceutical
institutions in the country.

Al Nahdi pharmacy group, in the similar context, has entered a deal to support the
pharma students at Society College. They, also, intend to reduce foreign
workers’ number in the Kingdom, bring the problem of selling unsafe medicines
(on black market) to an end, and also to foil the smuggling of such medicines into
Saudi.

As per a Research Analyst’s view at RNCOS, who has recently researched a
report on “World Pharmaceutical Market (2007)\", “The market for
pharmaceuticals is rising at a rapid speed. For competing with other nations,
pharmaceutical’s production needs to be augmented in Saudi.”

The research report on “World Pharmaceutical Market (2007)\" also addresses the
issues and facts that are critical to the success of Pharmaceutical industry on a
Global level.

- Emerging trends in the Global Pharmaceutical sector.
- Key players in the Pharmaceutical market.
- Get an insight into trends in market performance.
- Pinpoint growth sectors and identify factors driving change
- Identify market and brand leaders and understand the competitive environment.
- Key Challenges and Strategies.

About the report

It further provides an extensive overview of Pharmaceutical industry on a worldwide
level. The report provides authentic past and current performance data for the
Pharmaceutical industry. A must read for decision makers and all those interested in
knowing more about this industry.

About RNCOS:

RNCOS, incorporated in 2002, provides Market Research Reports for your business
needs and aims to put an end to your information pursuit. Our expertise in gathering
global business information for industry research, corporate training, growth
consulting, and business consulting, brings reputed companies and firms to us for
business enhancement solutions. We can be your one-stop-shop for Industry research
information and niche market analysis.

For more information visit: http://www.rncos.com/Report/IM089.htm

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Contact Details = RNCOS
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