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Samsung Epis Holdings Announces Establishment of Epis NexLab, a New Subsidiary to Advance Next-Generation Biotechnology Platforms
Businesswire· 2025-11-11 01:14
Core Insights - Samsung Epis Holdings has established a new subsidiary, Epis NexLab, to focus on the development of next-generation biotechnology platforms [2][7][9] - The new subsidiary aims to leverage R&D expertise from biosimilar development to create scalable technologies for discovering new drug candidates [2][4][5] - Peter Seongwon Hong will serve as CEO of Epis NexLab while continuing his role at Samsung Bioepis [3][4] Company Strategy - Epis NexLab will transform peptide-related technologies into platforms for innovative treatment modalities targeting various diseases [5][4] - The company plans to explore new modalities, including amino acid or peptide conjugate platform technologies, to drive sustainable growth beyond the biosimilar business [2][4] - The long-term goal is to become a leading biotechnology company in next-generation therapeutic technologies through innovative R&D and strategic investments [4][5]
Samsung Bioepis Reaches Settlement Agreement for PYZCHIVA® (ustekinumab) in Europe
Businesswire· 2025-11-06 07:00
Core Insights - Samsung Bioepis has entered into a settlement and license agreement with Johnson & Johnson for the commercialization of PYZCHIVA® in Europe [1] Company Summary - The agreement allows Samsung Bioepis to commercialize PYZCHIVA®, which is a biosimilar product, in the European market [1]