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Samsung Biologics Sees Biosimilars As One Of Three Key Pillars

Follows Deal To Take Full Ownership Of Samsung Bioepis From Biogen

 
• By Dave Wallace

Samsung Biologics has reiterated the importance of biosimilars to its business in the wake of its move to buy out partner Biogen’s stake in their Samsung Bioepis biosimilars joint venture.

Three Stone Pillars Structure Rome
CDMO, biosimilars and new drugs are the three key business areas for Samsung Biologics • Source: Arturas Jasevicius / Alamy Stock Photo

Biosimilars will be one of three key business areas for Samsung Biologics, the company has confirmed, in the wake of its decision earlier this year to buy out partner Biogen’s “50% -1” equity stake in the pair’s Samsung Bioepis biosimilars joint venture.

Announced at the end of January (see sidebar), the transaction is worth up to $2

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