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Samsung Biologics signed a 92.7 billion won CMO contract with MSD

Business / Kim Jisun / 03/13/2024 03:58 AM

Samsung Biologics. (Photo = Samsung Biologics)

 

[Alpha Biz=(Chicago) Reporter Kim Jisun] Samsung BioLogics said in a public announcement on the 12th that it has signed a KRW 92.7 billion consignment production contract with global pharmaceutical company MSD Switzerland. This is equivalent to 3.09% of sales as of 2022.

The contract period can be changed according to the agreement between the two companies until December 31, 2032.

 

AlphaBIZ Kim Jisun(stockmk2020@alphabiz.co.kr)

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