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flag Samsung Biologics plans to spin off its biosimilar drug unit to focus more on manufacturing services.

flag 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. flag This move, set to be finalized after a shareholders meeting on September 16, aims to enhance operational independence and boost business competitiveness. flag The split addresses potential conflicts of interest and helps streamline operations, with Samsung Biologics looking to maximize value for shareholders.

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