Industry watchers said one of the biggest obstacles when they entrusted contract drug-making to Samsung Biologics was Samsung Bioepis, which develops biosimilars.“By evolving into a dedicated CDMO player, Samsung Biologics will be able to double down on its core growth strategy of expanding production capacity, diversifying its portfolio and strengthening its global footprint,” said a company official.“This includes deeper investments in advanced biologics platforms such as antibody-drug conjugates (ADCs), adeno-associated virus (AAV) vectors and prefilled syringe (PFS) technologies.”SAMSUNG BIOEPIS TO FOCUS ON BIOSIMILARS, NOVEL DRUGSSamsung Bioepis, which has over 20 biosimilar assets under development, has also entered clinical stages for several gene therapy candidates and ADC-based cancer treatments.
Samsung Biologics, the biotechnology unit of South Korea’s top conglomerate Samsung Group, said in a regulatory filing on Thursday that it will establish a new holding company – tentatively named Samsung Epis Holdings – to oversee Samsung Bioepis and other biosimilar and new drug development businesses.
Samsung Biologics Co., the world’s largest contract drugmaker, will undergo a strategic split to separate its contract development and manufacturing organization (CDMO) business from its biosimilar and novel drug development business, currently undertaken by its wholly owned Samsung Bioepis Co.
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