Press Releases
Samsung Biologics signs MOU with Sartorius to enhance supply chain for biomedicines
Samsung Biologics signed an MOU with Sartorius, a German life science company, on November 2012 with shared aims to further strengthen the supply chain for biomedicines. With Sartorius' announcement to invest $100 million in South Korea's bio cluster, Songdo, to build a bio-process manufacturing facility for equipment and materials, it plans to supply materials such as disposable bags, cell culture media, and filters to Samsung Biologics. The facility will be built on a site in Songdo of 24,333㎡ land size and the construction is expected to be completed by 2022.
Satorius is a global company which supplies equipment for leading biotech companies and currently has more than 60 sites worldwide. The rapid growth of the Korean bio industry and the collaborative efforts with IFEZ have positively affected the German company's decision to make a bold investment. Upon MOU agreement, it is expected to further stabilize the supply of biomedicines and enhance the competitive pricing in the market.
Samsung Biologics signed an MOU with Sartorius, a German life science company, on November 2012 with shared aims to further strengthen the supply chain for biomedicines. With Sartorius' announcement to invest $100 million in South Korea's bio cluster, Songdo, to build a bio-process manufacturing facility for equipment and materials, it plans to supply materials such as disposable bags, cell culture media, and filters to Samsung Biologics. The facility will be built on a site in Songdo of 24,333㎡ land size and the construction is expected to be completed by 2022.
Satorius is a global company which supplies equipment for leading biotech companies and currently has more than 60 sites worldwide. The rapid growth of the Korean bio industry and the collaborative efforts with IFEZ have positively affected the German company's decision to make a bold investment. Upon MOU agreement, it is expected to further stabilize the supply of biomedicines and enhance the competitive pricing in the market.