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Samsung Biologics Signs $262 Million Manufacturing Agreement With European Pharma Company Through 2033
Sep 11, 2026•about 3 hours ago
Contract Type
agreement
South KoreaManufacturingBiotechnology
Description
Samsung Biologics has entered into a $262 million manufacturing agreement with a European pharma company, reinforcing its manufacturing capabilities until 2033. This deal highlights the strong demand for their services and boosts the company's cumulative contract value to over $21.9 billion.
Company Information
Company
Samsung Biologics
Location
South Korea
About
Samsung Biologics is a fully integrated contract development and manufacturing organization (CDMO) that offers comprehensive services from cell line development to final aseptic fill/finish. The company operates state-of-the-art, CGMP compliant facilities and has increased its biomanufacturing capacity to meet growing demand. With a commitment to innovative technologies and customized solutions, Samsung Biologics supports its clients' evolving needs in the biopharmaceutical sector. The company also has a presence in the U.S. and Europe to better collaborate with international clients.