Samsung Biologics has entered into a contract worth more than 250 billion won with the major U.S. pharmaceutical company Eli Lilly

Reporter Kim Jisun / approved : 2024-05-09 03:21:53
  • -
  • +
  • 인쇄

(Photo= Yonhap news)

 

[Alpha Biz= Reporter Kim Jisun] Samsung Biologics announced on the 8th that it has signed a contract worth more than 250 billion won with the major U.S. pharmaceutical company Eli Lilly. As a result, the company's cumulative order amount for this year reached 885.5 billion won.

According to Samsung Biologics, the company increased the size of its existing contract with Eli Lilly from 3.278 trillion won to 5.84 trillion won, an increase of 2.562 trillion won.

Initially, when the contract was first announced in March 2022, the initial contract size was 1.122 trillion won (approximately 920.4 million dollars). Since then, it was increased by approximately 215.5 billion won to 3.278 trillion won in March last year, and then further increased to 5.84 trillion won this year.

Earlier, Eli Lilly drove its overall sales with sales of the obesity treatment drug recording sales of $517.4 million (approximately 706.9 billion won) in the first quarter alone.

 

 

Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)

주요기사

Hyundai Motor Group Restores Vehicle Control Apps After 10-Hour Outage2025.09.18
HMM Completes Share Buyback Worth KRW 2.14 Trillion2025.09.18
Gyeonggi Police Arrest Two Chinese Nationals Over KT Mobile Payment Hacking Scheme2025.09.18
Financial Services Commission Imposes ₩3.66 Billion in Fines on STX and STX Marine Service for Accounting Violations Related to Overseas Litigation2025.09.18
Kakao Union Protests Mandatory Forensic Consent, Demands Immediate Withdrawal2025.09.18
뉴스댓글 >