Samsung Biologics bags $1.24bn CDMO contract with Asia-based pharma firm

Samsung Biologics bags $1.24bn CDMO contract with Asia-based pharma firm

Samsung Biologics (KRX: 207940.KS), a leading contract development and manufacturing organization (CDMO), has signed its largest-ever contract, valued at USD 1.24 billion, with an undisclosed Asia-based pharmaceutical company. The agreement, the largest single-client contract in the company’s history, extends until December 2037, with production set at the biomanufacturing hub in Songdo, South Korea. Contract Milestones […]

Samsung Biologics to manufacture Moderna’s mRNA-1273 COVID-19 vaccine

Samsung Biologics to manufacture Moderna’s mRNA-1273 COVID-19 vaccine

Moderna has signed a manufacturing services and supply agreement with Samsung Biologics under which the latter will undertake large scale, commercial fill-finish manufacturing for the mRNA-1273 COVID-19 vaccine. According to Samsung Biologics, technology transfer will begin immediately at the company’s facilities in Incheon, South Korea. The South Korean CDMO will use a production line equipped […]