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 2.0747T (USD 1,410,110,000), representing 56.15% 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 2,074,694,843,000 (USD 1,410,110,000, applied exchange rate KRW 1,471.30 per USD on January 14, 2025)
- Recent Annual Revenue: KRW 3,694,588,767,068 (Based on FY2023 consolidated financial statements)
- Contract Amount to Revenue Ratio: 56.15%
- Counterparty: Pharmaceutical company based in Europe
- Contract Period: December 13, 2024 – December 31, 2030
- Contract Date: January 14, 2025
- Disclosure Postponement Details:
- Reason for Postponement: Business confidentiality
- Postponement Expiration & Counterparty Disclosure Date: December 31, 2030 (Subject to change)
- Other Important Details:
- The contract end date is subject to change upon mutual agreement.
- Related Disclosures:
- December 19, 2024: Major Management Matters Related to Investment Decisions
- December 19, 2024: Major Management Matters Related to Investment Decisions
📝 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 56.15% of the company’s recent annual revenue.
Monitoring potential updates to the contract amount and period, as well as tracking official announcements regarding the counterparty identity upon expiration of the confidentiality period (December 31, 2030), 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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