Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Samsung Biologics has disclosed the signing of a pharmaceutical contract manufacturing agreement with a US-based pharmaceutical company valued at approx. KRW 737.3B (USD 513,959,800), representing 16.21% of its FY2024 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 737,326,729,080 (USD 513,959,800, applied exchange rate KRW 1,434.60 per USD on April 28, 2025)
- Recent Annual Revenue: KRW 4,547,322,176,421 (Based on FY2024 consolidated financial statements)
- Contract Amount to Revenue Ratio: 16.21%
- Counterparty: Pharmaceutical company based in the US
- Contract Period: April 28, 2025 – December 31, 2031
- Contract Date: April 28, 2025
- Disclosure Postponement Details:
- Reason for Postponement: Business confidentiality
- Postponement Expiration & Counterparty Disclosure Date: December 31, 2031 (Subject to change)
- Other Important Details:
- The contract end date is subject to change upon mutual agreement.
📝 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 US-based pharmaceutical company, equivalent to 16.21% 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, 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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