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Business

Samsung, Takeda team for new biologics

by Rick Mullin
August 28, 2017 | A version of this story appeared in Volume 95, Issue 34
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Credit: Samsung Bioepis
Samsung Bioepis focuses on innovating expedited drug development processes.
Male researcher in the foreground of a bank of computers in a Samsung laboratory, holding a stack of papers with a paper clip as a group of female researcher huddle in the back of the laboratory
Credit: Samsung Bioepis
Samsung Bioepis focuses on innovating expedited drug development processes.

Samsung Bioepis and Takeda Pharmaceutical are joining to develop new biologic therapies for areas of unmet medical need. The partners’ first program is TAK-671, a treatment for pancreatitis. Samsung Bioepis launched in 2012 as a manufacturer of the generic biologic drugs known as biosimilars. “Takeda’s extensive knowledge and expertise in drug development makes the company an ideal partner for us as we open a new chapter at Samsung Bioepis,” says CEO Christopher Hansung Ko.

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