Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Samsung Biologics has disclosed the signing of a pharmaceutical contract manufacturing agreement with a Europe-based pharmaceutical company valued at approx. KRW 752.4B (USD 540,540,000), representing 20.37% of its FY2023 consolidated revenue.
📊 [Key Disclosure Details & Financial Figures]
- Disclosure Title: Single Sales and Supply Contract
- Contract Classification & Title: Other Sales/Supply Contract (Pharmaceutical Contract Manufacturing Agreement)
- Contract Details:
- Contract Amount: KRW 752,431,680,000 (USD 540,540,000, applied exchange rate KRW 1,392.00 per USD on November 20, 2024)
- Recent Annual Revenue: KRW 3,694,588,767,068 (Based on FY2023 consolidated financial statements)
- Contract Amount to Revenue Ratio: 20.37%
- Counterparty: Pharmaceutical company based in Europe
- Contract Period: November 14, 2024 – December 31, 2031
- Contract Date: November 20, 2024
- Disclosure Postponement Details:
- Reason for Postponement: Business confidentiality
- Postponement Deadline: December 31, 2031
- Other Important Details:
- The contract end date is subject to change upon mutual agreement.
- The counterparty is scheduled to be disclosed on December 31, 2031, subject to change.
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Monitoring Contract Execution and Subsequent Official Disclosures
This disclosure provides notice of a pharmaceutical contract manufacturing deal signed with a Europe-based pharmaceutical company, equivalent to 20.37% of the company’s recent annual revenue.
Monitoring potential updates to the contract amount and period, as well as tracking official announcements regarding counterparty details upon the expiration of the confidentiality period (December 31, 2031), is essential.
Relevant developments can be verified in future correction disclosures, periodic filings, and official disclosures following the confidentiality period.
📢 Disclaimer & Source Notice
Source: This content was structured and regenerated based on official data submitted to the Financial Supervisory Service’s DART system.
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