Samsung Biologics secures $1.4B deal to manufacture biomedicine, signaling growth in global market.

Samsung Biologics, a Samsung Group subsidiary, has secured a $1.4 billion contract to manufacture a biomedicine for a European firm, marking its largest deal yet. The agreement, spanning from December 2024 to December 2030, represents 40% of the company's 2021 contracts worth $3.9 billion. This deal underscores Samsung Biologics' growing influence in the global biopharmaceutical market.

2 months ago
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