Samsung Biologics

Samsung Biologics Co., Ltd.
Company typePublic
KRX: 207940
IndustryBiopharmaceuticals
Founded2011; 13 years ago (2011)
Headquarters,
South Korea
Area served
Worldwide
Key people
John Rim (president and CEO)[1]
RevenueIncrease KRW 3.69 trillion (2023) [2]
Increase KRW 1.11 trillion (2023)[2]
Owners
Number of employees
4,300 (2023)
SubsidiariesSamsung Bioepis
Korean name
Hangul
Revised RomanizationSamseong Baiorojikseu
McCune–ReischauerSamsŏng Paiorojiksŭ
Websitesamsungbiologics.com

Samsung Biologics Co., Ltd. is a global contract development and manufacturing organization headquartered in Songdo, Incheon, South Korea. The biotech division of Samsung Group, its core services range from late discovery to large-scale commercial manufacturing. The company focuses on monoclonal antibodies, bispecific antibodies, antibody-drug conjugates, and mRNA vaccines.

The company has partnered with pharmaceutical companies such as Pfizer,[3] GlaxoSmithKline,[4] Eli Lilly,[5] AstraZeneca[6] and Bristol-Myers Squibb.[7]

  1. ^ "Samsung Biologics names John Rim as new chief". The Korea Times. 17 December 2020.
  2. ^ a b "Samsung Biologics Surpasses 1 Trillion Won in Annual Operating Profit for 1st Time". BusinessKorea. 25 January 2024.
  3. ^ Cite error: The named reference Pfizer was invoked but never defined (see the help page).
  4. ^ Dunleavy, Kevin (21 October 2022). "GSK and Samsung Bio double down with 2nd manufacturing deal, this one for $296M". Fierce Pharma. Retrieved 22 July 2024.
  5. ^ Sagonowsky, Eric (17 November 2020). "Lilly partners with Samsung to boost COVID-19 antibody manufacturing amid supply concerns". Fierce Pharma. Retrieved 22 July 2024.
  6. ^ Blankenship, Kyle (22 September 2020). "AstraZeneca, Samsung reach $331M biologics manufacturing deal amid Korean CMO's expansion push". Fierce Pharma. Retrieved 22 July 2024.
  7. ^ Lynch, Connor (18 September 2023). "Samsung Biologics Strikes $242M Manufacturing Deal with BMS for Cancer Antibody". BioSpace. Retrieved 22 July 2024.