Samsung Biologics Expands ADC Collaboration with LigaChem Biosciences

MT Newswires Live01-10

Samsung Biologics (KRX:207940) extended its partnership with LigaChem Biosciences to provide antibody-drug conjugate (ADC) services at its new ADC facility, the South Korean biotechnology firm said Thursday.

The collaboration focuses on ADC programs for solid tumor treatments. Samsung's facility, equipped with a 500-liter reactor, offers end-to-end ADC services from development to conjugation, using its expertise in large-scale antibody manufacturing, it said.

Shares of Samsung Biologics rose nearly 1% in recent trade on Friday.

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