AstraZeneca: supply contract with Samsung
(CercleFinance.com) - Samsung Biologics, the biopharmaceutical division of the South Korean tech giant Samsung, announced on Monday evening that it has signed a big supply contract with AstraZeneca.
The long-term agreement provides for the supply to the Anglo-Swedish laboratory of the main assets for the manufacture of its products, as well as the transfer of certain medicinal products.
The contract will mean a payment of around 330.8 million dollars, which could be increased to 545.6 million dollars if necessary, the Korean bioproduction services company said.
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