Samsung Biologics, AstraZeneca ink manufacturing deal

By The Science Advisory Board staff writers

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.

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