|
Title: Samsung Invests $2B in Biopharmaceuticals Post by: HCK on May 13, 2014, 02:00:19 pm Samsung Invests $2B in Biopharmaceuticals
Samsung is investing at least $2 billion in... biopharmaceuticals? With this foray into the drug industry, Samsung hopes to become a major player in biotechnology, which is expected to be a booming industry in coming years. A key component of this play is so-called biosimilars -- cheap versions of brand-name biotechnology drugs that no longer are protected by patents. Source: Samsung Invests $2B in Biopharmaceuticals (http://www.technewsworld.com/story/80433.html?rss=1) |