Scientific & Medical Equipment House Co., a company specialized in the import, operation, and maintenance of medical devices and equipment, announces the signing of a strategic agreement with the U.S.-based company MedSource to launch the first phase of manufacturing medical consumables. The agreement was signed on Wednesday, April 16, 2025, in Riyadh, Saudi Arabia.
MedSource USA is one of the most prominent American companies specializing in the development and manufacturing of high-quality medical products. Founded in 2002 and headquartered in the state of Minnesota, the company offers innovative healthcare solutions to a wide range of providers, including hospitals, surgical centers, emergency services, and government institutions in over 60 countries around the world.
The agreement was signed in the presence of the CEO of Scientific & Medical Equipment House Co., Mr. Barakat bin Saud Al-Araifi, and from MedSource, the company’s President, Mr. Elias Haddad.
On this occasion, Mr. Barakat bin Saud Al-Araifi stated:
“This agreement with the U.S.-based company MedSource marks a significant milestone toward advancing the localization of medical manufacturing in the Kingdom, in alignment with the goals of Saudi Vision 2030. It aims to produce high-quality medical products locally. This step also reflects Scientific & Medical Equipment House Co.’s ongoing commitment to establishing strategic partnerships with leading global companies and its distinguished position as a premier healthcare provider in the Kingdom and the region”
