Did you know?

ChinaBio® Group is a consulting and advisory firm helping life science companies and investors achieve success in China. ChinaBio works with U.S., European and APAC companies and investors seeking partnerships, acquisitions, novel technologies and funding in China.  

Learn more >>

Free Newsletter

Have the latest stories on China's life science industry delivered to your inbox daily or weekly - free!

See preview >>

  Email address:
   

Samsung BioLogics Plans $2.7 Billion IPO in South Korea

publication date: Aug 9, 2016
On Thursday of this week, Samsung BioLogics is expected to file for an IPO on South Korea's main board that will raise between $1.8 and $2.7 billion, valuing the company at $9 billion. Samsung BioLogics, the biopharma subsidiary of electronics conglomerate Samsung, aims to become the world's largest biologic drug CMO. It is also developing its own biosimilar drugs. According to IMS, the global market for biologic drugs will be over $390 billion by 2020 -- representing nearly one out of every three dollars spent for drugs -- which explains why so many pharmas are investing in biologic/biosimilar infrastructure. More details....

Share this with colleagues:  


This article is available for purchase - please click here for details.

Sorry this page is available to subscribers only.
If you're not a subscriber why not subscribe today?

If you are already a subscriber, please login.

If you believe you should have received this message in error, please contact us.


 

To gain access to the members only content click here to subscribe.

You will be given immediate access to premium content on the site.

Upcoming Events

ChinaBio® Partnering Forum
September 10–11, 2024 | Shanghai, China
Register here

BIO-Europe®
November 4–6, 2024 | Stockholm, Sweden
Save €900 before September 13!
Register here

Biotech Showcase™
January 13–15, 2025 | San Francisco, CA
Save $600 before September 27!
Other Relevant Events

Antibody Engineering & Therapeutics Asia
October 21–23, 2024 | Kyoto, Japan
Save 30% with code CHINABIO30!
Register here