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KaRama Venture Studio
Empowering Global Innovators in Biotech and MedTech to Thrive in Saudi Arabia
KaRama Venture Studio is your trusted gateway to launching and scaling your BioTech & MedTech ventures in the Kingdom of Saudi Arabia.
We specialize in supporting international & local entrepreneurs, researchers, and startups who aspire to settle and grow in Saudi Arabia’s rapidly expanding innovation ecosystem.
Market Overview
Saudi Arabia's healthcare sector is experiencing rapid growth, driven by vision 2030 initiatives and increasing private sector participations
Key Growth Drivers
Vision 2030 healthcare transformation initiatives
Privatization of healthcare facilities
Rapid adoption of digital health technologies
Healthcare market value
$38.5 Billion
Biotech Market (2023)
$4.8 Billion
Annual Healthcare Expenditure
$58+ Billion
Digital Health CAGR
19.3%
A Snapshot of the Strategy and its Aspirations
Aspirations
Establish Saudi Arabia as the leading biotech hub in MENA by 2030 and globally by 2040.
Contribute over$34.6 billion to the non-oil GDP by 2040,representing 3% of the total.
Create 11,000 high quality, innovative job opportunities by 2030, and 55,000 by 2040.
Highlights
Through the following strategic plays, the National Biotechnology Strategy aims to position Saudi Arabia as a biotech leader, driving economic growth, fostering innovation, and improving the wellbeing of its citizens.
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Vaccines
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Develop end-to-end vaccine manufacturing capabilities for self sufficiency and MENA exports.
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Drive R&D in innovative vaccine technologies and become a regional hub for late-stage development.
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Biomanufacturing and Localization
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Establish local bio-manufacturing to boost self-sufficiency and enable global biologics exports.
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Foster biosimilars penetration to reduce healthcare expenditure.
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Genomics
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Expand the national genomic database to advance research and enable preventive healthcare.
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Foster innovation through supportive policies and improved access to genomics data.
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Plant Optimization
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Enhance food self-sufficiency and agricultural productivity in the Kingdom.
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Promote climate sustainability and green practices.
What We Offer
Innovator
Are you building something groundbreaking in BioTech or MedTech?
We help local & international innovators to launch in Saudi Arabia with full support — including company setup, product development guidance, access to labs and facilities, regulatory assistance, and introductions to strategic partners.
Bring your vision — we’ll help you build it.
Investor
Looking to invest in high-potential BioTech and MedTech ventures?
KaRama Venture Studio gives investors early access to curated startups, due diligence support, and connections with global talent setting up in Saudi Arabia.
We align investor goals with visionary founders and scalable innovations.
Join us in shaping the future of health .
15 min
Free
Let’s Build the Future of Health — Together
If you're ready to grow your venture in a dynamic, resource-rich environment, Karama Venture Studio is here to make it happen.
📩 Contact Us Today to explore how we can support your journey or for more enquiries
@KaRama VS