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Samsung Biologics landed a $1.24 billion contract manufacturing deal with an Asian pharmaceutical giant, shattering its record for the biggest single contract in just three months, the biotech firm said Tuesday.

The Korea Times

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Samsung Biologics wins record $1.24 bil. contract manufacturing deal

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Last Updated on October 22, 2024 by Seoul, Oct 22 (IANS) Samsung Biologics on Tuesday said it has signed a deal worth $1.24 billion for contract manufacturing from an Asia-based biopharmaceutical firm. The deal will last until the end of 2037, the company said in a regulatory filing. Other details remained undisclosed under a confidentiality […] The post Samsung Biologics wins $1.24 bn deal for contract manufacturing appeared first on THIP Media.

THIP Media

Samsung Biologics wins $1.24 bn deal for contract manufacturing  –...

Samsung Biologics said it had gained its largest single contract ever-more than $1.24 billion in order value-from a major Asian pharmaceuticals firm for just its third month since the South Korean biopharmaceutical company began operations. The company didn’t announce the name of the partner. Yet the contract is over 1.7 trillion won and is roughly […] The post Samsung biologics secures historic $1.24 billion contract manufacturing agreement app…

Minute Mirror

Samsung biologics secures historic $1.24 billion contract manufacturing agreement

An aerial view of Samsung Biologics' plant in Songdo, Incheon
Samsung Biologics announced on Oct. 22 that it has signed a massive contract manufacturing organization (CMO) contract worth 1.7 trillion won ($1.24 billion) with an unnamed pharmaceutical company based in Asia
This contract is the largest in the company's history and amounts to nearly half of last year's total order intake of 3.5 trillion won. Due to confidentiality agreements, the i…

businesskorea.co.kr

Samsung Biologics Signs 1.7 Tril. Won Contract with an Asian Client

Production will take place at Samsung Biologics’ biomanufacturing site in Songdo, South Korea.

contractpharma.com

Samsung Biologics Signs $1.24M Manufacturing Deal with Asia-Based Pharma Company

Under the contract, which extends through December 2037, Samsung Biologics will carry out the production at its biomanufacturing site in Songdo, South Korea. This latest agreement took Samsung  The post Samsung Biologics signs $1.24bn manufacturing deal with Asian pharma company appeared first on Pharmaceutical Business review.

Pharmaceutical Business review

Samsung Biologics signs $1.24bn deal with Asian pharma company

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Samsung Biologics wins record $1.24 bil. contract manufacturing deal

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