Biotech department in South Korea names vie in CMO service to get clinical trial drugs and cash

South Korea’s small biotech firms are daring into contract producing while huge names like Samsung BioLogics, Celltrion and SK Corporation. Dominate the market through economies of scale in hopes to expedite exploitation and generate revenue to search out their R&D.

The native industry’s hyperbolic interest in CMO business is proven by a heated bidding war for the commissioned operation of the peninsula Biotechnology ....