KPICO (Kuwait Pharmaceutical Industries Company)was established in early 80’s to supply the local market and it was owned by the Kuwait Govt.
KSPICO was designed by the Swedish co. ASTRA according to the international standards for Pharmaceutical Sites. Unfortunately when Iraq invaded Kuwait, the company suffered severe damages and became completely paralyzed. Many of the machines and equipment were looted by the Invading Iraqi Army.
KSPICO was established in 1994, as a Kuwaiti/Saudi joint venture, that took over the ownership. Saudi Shareholders left the company in 2005 and Securities Group, Kuwait, purchased their share since.