Samsung Biologics reports a 23% revenue jump to KRW 4.55 trillion for 2024, with plans to expand.

Samsung Biologics reported a 23% increase in revenue to KRW 4.55 trillion for 2024, with an operating profit up 19% to KRW 1.32 trillion. Serving over 110 clients, including 17 top pharma firms, the company surpassed a USD 4.3 billion contract value. Future growth is expected with full Plant 4 operations and the April 2025 launch of Plant 5, expanding capacity to 784,000 liters. Samsung Biologics is also investing in AI, digital transformation, and sustainability.

2 months ago
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