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Celltrion to merge with Celltrion Healthcare, Celltrion Pharm in 2 phases

Celltrion, a biosimilar producer, will merge with Celltrion Healthcare, a group subsidiary responsible for marketing biosimilar and other medicines, this year to create business synergy, Celltrion Group Chairman Seo Jung-jin said Thursday. ....

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Korean bio firms to seek new opportunities at int'l convention in Boston

Samsung Biologics, Celltrion and other Korean biotechnology companies are heading to Boston to take part in the BIO International Convention, also known as BIO USA, to promote their technologies and products and to seek new business opportunities at one of the largest exhibitions in the global bio industry, according to the companies, Sunday. ....

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Celltrion Q1 net profit up 37.8% to $126.4 mil.

Celltrion on Monday reported its first-quarter net profit of 167.1 billion won ($126.4 million), up 37.8 percent from a year earlier. ....

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Chairman's daughters from extramarital affair seen as risk to Celltrion's governance

Celltrion is facing uncertainties over Chairman Seo Jung-jin s potential handover of his management rights to his two sons, Celltrion Board Chairman Seo Jin-seok and Celltrion Healthcare Board Chairman Seo Joon-serk, as it was found recently that his two daughters from an extramarital affair had been recognized last year as his biological children, according to industry officials, Thursday. ....

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Celltrion Confirms Biosimilarity of Xolair Biosimilar

Celltrion Healthcare shared data from a phase 3 clinical trial confirming that its omalizumab biosimilar had comparable safety and efficacy to the reference product (Xolair). ....

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