Samsung Bioepis says Eli Lilly visit was a courtesy meeting

By Gareth Macdonald

- Last updated on GMT

Samsung Bioepis says Eli Lilly visit was a courtesy meeting

Related tags Eli lilly Monoclonal antibodies Etanercept

Samsung Bioepis has denied it is about to do a biosimilars deal with Eli Lilly after the US drug firm visited its headquarters in Korea.

Eli Lilly’s visit to Bioepis and its sister unit Samsung Biologics on Wednesday was reported in the Korean press​, prompting speculation the firms were about to make a deal.

The Korea Herald suggested Lilly’s Lantus biosimilar Basaglar (insulin glargine injection) – which is due to be launched in the US in December​ – would be the focus.

However, Samsung has denied that any such deal was discussed telling us the meeting with Lilly was a courtesy call.

"We would like to clarify that this was a courtesy meeting that did not involve any discussions about potential cooperation or partnerships.​"

Merck & Co deal

Bioepis already has an insulin biosimilar deal with a US drug manufacturer.

In 2012, it teamed up with Merck & Co to develop and commercialise biosimilar products.

The biosimilars include versions of J&J’s Remicade (infliximab), AbbVie’s Humira (adalimumab) and Roche’s Herceptin (trastuzumab) and Brenzys, a version of Amgen’s arthritis TNF inhibitor Enbrel (etanercept) that was approved in Korea in September​.

The fifth is a version of Sanofi’s insulin glargine product Lantus.

Samsung Bioepis is currently considering an initial public offering (IPO)​.

Related news

Show more

Related products

show more

Trends in Biopharmaceutical Raw Material Selection

Trends in Biopharmaceutical Raw Material Selection

Actylis – The Partner of Choice | 31-Jan-2023 | Business Advice

Join us as our in-house experts, along with Cecile Bellamy from Pfizer, discuss current and future trends in biopharmaceutical raw material selection.

Liposomal and Nanoparticle Technology

Liposomal and Nanoparticle Technology

Pfizer CentreOne | 18-Nov-2022 | Technical / White Paper

Medical science is continuously searching for better ways to administer drugs into the body and to maximize the therapeutic effectiveness of the drugs...

Connectivity & Integration in Biomanufacturing

Connectivity & Integration in Biomanufacturing

Wheeler Bio | 17-Nov-2022 | Technical / White Paper

As the Pharma 4.0 initiative sets a new industry paradigm, more biomanufacturing companies are asking how they can design and build facilities that apply...

Scalability, Quality, and Speed with Transposons

Scalability, Quality, and Speed with Transposons

Wheeler Bio | 20-Oct-2022 | Technical / White Paper

To solve for the significant bottlenecks often presented by conventional cell line development processes, this article discusses how Wheeler Bio is leveraging...

Related suppliers

Follow us


View more