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Samsung BioLogics Signs CMO Contract

Deal valued at $105 million

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Samsung BioLogics has signed a CMO contract with an Asian pharmaceutical company. This contract is in addition to an already existing manufacturing contract. The approximate value of the contract will be $105 million for one year in 2018. The company said other terms of the agreement related to company’s name, product, and production factory will not be disclosed.

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