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Biogen completes sale of Samsung Bioepis stake for $2.3 billion

 Last Update: 2022-06-09
 Source: Internet
 Author: User

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On April 20, Biogen announced that it had completed the sale of Samsung Bioepis' shares to Samsung Biologics for up to $2.

In addition, the two companies will continue to execute the previously signed exclusive agreement, including the commercialization of the current portfolio (etanercept, adalimumab, infliximab)

In 2012, Samsung Bio and Biogen jointly funded the establishment of Samsung Bioepis, which mainly focuses on the development of biosimilars

Commercialization of the Alzheimer's drug Aduhelm has been hampered since its launch

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