September 22, 2020 -- Samsung Biologics and AstraZeneca have signed a $330.8 million long-term supply agreement.
Under terms of the deal, Samsung will provide commercial manufacturing of drug substance and drug product for AstraZeneca's biologics under development; Samsung's remuneration could increase to $545.6 million.
The arrangement will boost AstraZeneca's biologics manufacturing capabilities in the Asia Pacific region, AstraZeneca said.