In the top January M&A by deal value, Samsung Biologics entered an agreement to acquire Biogen’s 49.9% equity stake in Samsung Bioepis for an aggregate consideration of up to $2.3bn. Established in 2021 as a joint venture between Samsung Biologics and Biogen, Samsung Bioepis is dedicated to advancing a broad pipeline of biosimilar candidates that cover a spectrum of therapeutic areas, including immunology, oncology and ophthalmology. Financing reached $8bn in biopharma, $771m in device, and $420m in diagnostics.
Pharma Intelligence
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