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Samsung chief vows to invest $5.2 bil. to create huge lead for bio business

Samsung Electronics Vice Chairman Lee Jae-yong has vowed to invest 7.5 trillion won ($5.2 billion) in the companys biotechnology firm by 2032 to achieve a huge lead with its competitors, Samsung Group said Tuesday. The Samsung chief attended the ceremony for the completion of Samsung Biologics fourth drug manufacturing plant in Songdo, Incheon. The plant, which went into operation this month, is the worlds largest biopharmaceutical production plant, with an annual production capacity of 240,000 ...
Baek Byung Yeul Samsung Biologics Lee Jae Yong Songdo Incheon Songdo Bio Samsung Bioepis

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