Samsung Biologics to acquire Swiss-based CDMO firm for 2.7 tln won
Its existing plants have a combined annual production capacity of 784,000 liters, which will increase to 1.324 million liters once the new facilities come...
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Summary
Samsung Biologics to launch US$1.8 billion all cash bid for PolyPeptide. South Korea's leading biotech company said it has signed an agreement with PolyPeptide Group, which develops and manufactures peptides, a key ingredient used in treatments for obesity and diabetes, to acquire a 100 percent stake in the Swiss company by the end of December, according to a press release. The company currently operates five biopharmaceutical plants in Songdo, west of Seoul, with three additional facilities scheduled for completion by 2032.
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Samsung Biologics to launch US$1.8 billion all cash bid for PolyPeptide.
according to New Straits TimesSouth Korea's leading biotech company said it has signed an agreement with PolyPeptide Group, which develops and manufactures peptides, a key ingredient used in treatments for obesity and diabetes, to acquire a 100 percent stake in the Swiss company by the end of December, according to a press release.
according to Yonhap NewsThe company currently operates five biopharmaceutical plants in Songdo, west of Seoul, with three additional facilities scheduled for completion by 2032.
according to Yonhap News
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