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Pharma¡¤Biopharmas make or break COVID-19 CMO deals

By Ji Yong Jun | translator Alice Kang

22.03.12 06:00:48

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Huons Global discontinues vaccine CMO business in Russia due to its invasion of Ukraine


Domestic pharmaceutical companies are experiencing mixed results regarding their CMO businesses for COVID-19 vaccines.

Samsung Biologics and SK Bioscience are already in the process of manufacturing COVID-19 vaccines. On the other hand, GC Pharma and Huons Global gave up their COVID-19 vaccine CMO business. In addition, uncertainties continue in Hanmi Pharmaceutical and Hankook Korus Pharm¡¯s COVID-19 CMO businesses.

¡ßKorea-US CMO likely to dismantle due to discontinuation of Genexine¡¯s COVID-19 vaccine development

According to industry sources on the 12th, Genexine applied to discontinue its ongoing Phase II/III trial for its COVID-19 vaccine, GX-19N, on the 11th.

Ji Yong Jun(jun1@dailypharm.com)
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