Samsung Biologics Signs $262 Million Manufacturing Deal Through 2033
Samsung Biologics signed a $262 million manufacturing agreement with an unnamed European pharmaceutical company, with production commitments to run at its Songdo site in South Korea through 2033. The deal lifts cumulative contract value to more than $21.9 billion, adding to the company’s 845 kL capacity across Korea and the U.S. after acquiring its Rockville facility in March 2026 and securing land for Bio Campus III to support next-generation therapeutics.