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Samsung Biologics plans to spin off its biosimilar drug unit to focus more on manufacturing services.
Samsung Biologics plans to spin off its biosimilar drug development unit into a new entity called Samsung Epis Holdings, aiming to focus more on its contract development and manufacturing (CDMO) services.
This move, set to be finalized after a shareholders meeting on September 16, aims to enhance operational independence and boost business competitiveness.
The split addresses potential conflicts of interest and helps streamline operations, with Samsung Biologics looking to maximize value for shareholders.
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Samsung Biologics planea separar su unidad de fármacos biosimilares para centrarse más en los servicios de fabricación.