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Facility has 180,000 liters total capacity and is expected to be cGMP operational by 4Q18
February 22, 2018
By: Kristin Brooks
Managing Editor, Contract Pharma
Samsung BioLogics, headquartered in Incheon, South Korea, has entered into the first manufacturing contract for its Plant 3 facility. According to the company, the contract is valued at approximately $148 million, if the product is successful in clinical development and moves to commercial launch. The Plant 3 facility was completed last November and has 180,000 liters total capacity and is expected to be cGMP operational by 4Q18. TH Kim, chief executive officer of Samsung BioLogics, said,...
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