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onemodolar

11/27/15 12:09 PM

#197749 RE: DewDiligence #197731

Samsung Bioepis
Is there any way to invest in this now? I heard IPO is next year.

jbog

11/28/15 12:45 AM

#197764 RE: DewDiligence #197731

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.