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From TVs to Biologics

Samsung Dives into Biosimilars With $300M Biogen Idec JV

By Catherine Shaffer
BioWorld Today Contributing Writer

Wednesday, December 7, 2011
Samsung, a noted manufacturer of televisions and other electronic devices, entered the world of biotechnology with its new division, Samsung Biologics, in May. Wasting no time, that company has launched a $300 million joint venture with Biogen Idec Inc. to develop and manufacture biosimilars.

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