Bristol-Myers Squibb and Samsung BioLogics expand manufacturing deal

23 April 2014

US drug major Bristol-Myers Squibb (NYSE: BMY) and South Korea’s Samsung BioLogics revealed that they will increase the scope of their existing manufacturing agreement in which Samsung will manufacture commercial drug substances and drug product for several B-MS biologic medicines at its Incheon manufacturing site. Financial terms of the agreement were not disclosed.

B-MS and Samsung announced their first manufacturing agreement last summer to collaborate in the production of a single commercial antibody cancer drug substance at its then recently completed Incheon facility (The Pharma Letter July 29, 2013).

"Biologic medicines that treat serious diseases are an integral part of Bristol-Myers Squibb’s specialty care portfolio and R&D pipeline,” said Lou Schmukle, president, global manufacturing and supply, adding: “The expanded relationship with Samsung will increase our biologics manufacturing capability and give us the flexibility to respond to increased demand in order to meet the global needs of patients."

This article is accessible to registered users, to continue reading please register for free.  A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Login to your account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK

Companies featured in this story

More ones to watch >


Today's issue

Company Spotlight





More Features in Biotechnology