Merck and Samsung Biologics Extend Partnership

By Euan ConleyFeaturesDow Jones Newswires

Merck (MRK.XE) said on Wednesday that it has signed a memorandum of understanding with Samsung Biologics (207940.SE) that extends an agreement to supply raw materials for biopharmaceutical manufacturing.

Under the agreement, Merck's life-science business MilliporeSigma will provide single-use equipment, as well as cell line, cell culture media and chromatography to Samsung Biologics to help accelerate biologics development.

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Samsung's biopharmaceutical arm and the German pharmaceutical company had already signed a supply agreement for raw materials in 2014.

Write to Euan Conley at euan.conley@dowjones.com

(END) Dow Jones Newswires

November 01, 2017 03:19 ET (07:19 GMT)