Samsung BioLogics and UCB Sign Third Drug Manufacturing Deal

Jul 30, 2019

INCHEON, South Korea, July 31, 2019 /PRNewswire/ — Samsung BioLogics (SBL) and UCB have agreed to an additional drug substance manufacturing deal under which SBL will also produce UCB’s anti-tau candidate to treat progressive supranuclear palsy, pending regulatory approvals. UCB’s anti-tau candidate is currently in Phase I clinical studies.
UCB is a biopharmaceutical company, headquartered in Belgium, with over 90 years of innovation focusing on neurology and immunology, with an annual revenue of 4.6 billion EUR in 2018. UCB S.A. is listed on Euronext Brussels.
“Our aim at UCB is to help people suffering from severe chronic diseases in areas of high unmet needs, and we need to work with organizations with proven track records to secure world class manufacturing capabilities to bring our future drugs to patients,” said Scott Russell, Head of Partnerships & Alliances at UCB. “Samsung BioLogics has proven to be a true partner and we are delighted to be working with them on a third consecutive project to complement our internal resources”.
“We are extremely proud to further solidify our partnership with UCB, a company with a rich history and vision to innovate healthcare and patient value. This new agreement will also provide us the opportunity to showcase SBL’s newest facility, Plant 3, and demonstrate our proven track record of operational and regulatory success to enable UCB’s treatment of patients with this debilitating disease,” said Dr. Tae Han Kim, President and CEO of Samsung BioLogics.
This will be the third product from UCB to be supplied by Samsung BioLogics under a master services agreement between the parties announced in July 2018. SBL and UCB previously signed two sub-agreements to manufacture UCB’s products currently in clinical development, for addressing the needs of patients effected by myasthenia gravis, psoriasis and psoriatic arthritis.
About Samsung BioLogics
Established in 2011 and headquartered in Incheon, South Korea, Samsung BioLogics is a world class CDMO offering state-of-the-art development, manufacturing, and laboratory testing services. With a flawless regulatory record, the highest capacity, and the fastest throughput, Samsung BioLogics is the most qualified CDMO as chosen by our clients and is uniquely able to support the development and manufacturing of biologics product at every stage of the process while meeting the evolving needs of pharmaceutical companies worldwide. For more information, visit www.samsungbiologics.com.
Source: Samsung BioLogics

Category: 

Collaboration / Partnership

Joint Venture

Pharmaceuticals & Biotech

FeaturedNews: 

Show in Featured News

Read on source website...

Author: AsiaToday.com

Since 1996, ASIA TODAY has been a global leader in online publishing and the distribution of news and multimedia content across a variety of media channels. ASIA TODAY is world's Top 20 Asian News Websites, selected from thousands of Asian news websites and one of the most trending blogs in 2017-2018, according to search and social metrics. The viewers of ASIA TODAY are from 147 countries or regions, and 1,200+ cities around the world. Using effective marketing solutions and networks, ASIA TODAY enables event organizers, marketers, corporate communicators, PR & IR professionals and others to leverage content and engage with their key audiences in the Asia Pacific region and beyond.