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jbog

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Re: DewDiligence post# 197731

Saturday, 11/28/2015 12:45:42 AM

Saturday, November 28, 2015 12:45:42 AM

Post# of 251939
I think you're confusing Samsung Biologics with Samsung Bioepis. Samsung Biologics is a division of Samsung which is a contract manufacturer to just about anybody. They are now the 3rd largest contractor behing Boehringer and Lonza.

Samsung Bioepis is a seperate company wholly owned by Samsung (90%) and Biogen (10%). This is not to say the Sansung Biologics couldn't be a subcontractor to Samsung Bioepis which has its main mfg plant in Incheon Korea.

Bioepis plans a IPO soon. The thought is it is a $7 to $8 Bil Company.
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