{"id":981449,"date":"2025-12-22T10:02:09","date_gmt":"2025-12-22T04:32:09","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=981449"},"modified":"2025-12-22T10:14:32","modified_gmt":"2025-12-22T04:44:32","slug":"samsung-biologics-to-buy-us-drug-production-facility-from-gsk-for-280-million","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/12\/22\/samsung-biologics-to-buy-us-drug-production-facility-from-gsk-for-280-million\/","title":{"rendered":"Samsung Biologics to buy US drug production facility from GSK for $280 million"},"content":{"rendered":"<p>SEOUL: South Korea&#8217;s Samsung Biologics said \u2060on Monday it is acquiring its first U.S. drug production facility from GSK for $280 million to respond \u200cto long-term \u200cU.S. market demand. <\/p>\n<p>The company&#8217;s U.S. unit, Samsung Biologics \u200cAmerica, is acquiring a 100% stake in Human Genome Sciences Inc of Rockville, Maryland, the South Korean contract drug manufacturer said in a statement. <\/p>\n<p>Samsung Biologics plans additional investments to expand the site&#8217;s capacity, currently a \u200ccombined 60,000 \u200dliters of drug substance capacity, and \u200dto upgrade technology, it said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SEOUL: South Korea&#8217;s Samsung Biologics said \u2060on Monday it is acquiring its first U.S. drug production facility from GSK for $280 million to respond \u200cto long-term \u200cU.S. market demand. The company&#8217;s U.S. unit, Samsung Biologics \u200cAmerica, is acquiring a 100% stake in Human Genome Sciences Inc of Rockville, Maryland, the South Korean contract drug manufacturer said in a statement. Samsung Biologics plans additional investments to expand the site&#8217;s capacity, currently a \u200ccombined 60,000 \u200dliters of drug substance capacity, and \u200dto upgrade technology, it said.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-981449","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/981449","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=981449"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/981449\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=981449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=981449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=981449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}