Dr. Tae-Han Kim, President and CEO of Samsung BioLogics, Left, and Udit Batra, Member of the Merck Executive Board and CEO, Life Science, right, sign a Memorandum of Understanding for a strategic alliance on biopharmaceutical manufacturing and biologics process development.
Merck announced the signing of a Memorandum of Understanding (MoU) with Samsung BioLogics for a strategic alliance on biopharmaceutical manufacturing and biologics process development.
The alliance would accelerate process development and clinical material production at small biotech start-ups focusing on novel drug development for which Samsung BioLogics acts as a contract manufacturer. Under the agreement, Merck would provide process development and support technical training, in addition to its Mobius® single-use systems to Samsung BioLogics.
The new MoU is an extension of a MoU signed in 2014 that encompasses a long-term supply agreement where Merck would provide raw materials for biopharmaceutical manufacturing.
“Our collaboration with Samsung continues to strengthen with this agreement,” said Udit Batra, Member of the Merck Executive Board and CEO, Life Science. “Merck’s process development expertise and Mobius®, the wide single-use bioprocessing portfolio, will allow innovations to reach patients faster.”
Merck has been the key solution provider for Samsung BioLogics’ 30KL facility and 152KL facility in Korea, and has trained Samsung BioLogics team on building a robust biologics development process.
“This alliance will create synergy and maximize our technology potential,” said Dr. Tae-Han Kim, President and CEO of Samsung BioLogics.