Samsung Biologics Acquires PolyPeptide Group in $1.8 Billion Deal

Samsung Biologics has agreed to acquire Switzerland's PolyPeptide Group for $1.8 billion, marking the largest biopharmaceutical M&A deal in South Korea’s history. The acquisition aims to expand Samsung's pipeline into peptide therapeutics and strengthen its position in the growing weight-loss drug market.

By Jenny Lee · CNBC ·

Samsung Biologics Acquires PolyPeptide Group in $1.8 Billion Deal

Tickers: $PPG

Topics: Biopharmaceuticals GLP-1 Peptide Therapeutics Weight Loss Drugs

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