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TVM Capital Boosts Boston Oncology Arabia’s Capacities With $35m Injection

The Funding Will Be Used To Expand Production In Saudi Arabia

 
• By Adam Zamecnik

Following on from the recently announced closing of a Saudi Arabia-focused fund, TVM Capital has doubled down on its local efforts with a further $35m investment into Boston Oncology Arabia’s efforts.

Picture of Saudi Arabia
• Source: Shutterstock

The international growth capital firm TVM Capital Healthcare has invested $35m into the bio-generic drugs manufacturer Boston Oncology Arabia in order to further meet demand for locally produced therapies in Saudi Arabia.

“Saudi Arabia’s growing demand for locally manufactured, life-saving specialty drug treatments positions the company to become one of the kingdom’s key providers of specialty generics and biosimilar medications,” TVM commented

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