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Production will take place at Samsung Biologics’ biomanufacturing site in Songdo, South Korea.
October 22, 2024
By: Charlie Sternberg
Associate Editor
Samsung Biologics, a global contract development and manufacturing organization (CDMO), has inked a $1.24 billion contract manufacturing deal with an Asia-based pharmaceutical company—the largest contract signed by a single client. Production will take place at Samsung Biologics’ biomanufacturing site in Songdo, South Korea and the contract runs through December 2037. With the latest agreement, the company’s accumulated contract for 2024 surpasses $3.3 billion. “We are pleased to strateg...
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