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Samsung Bioepis races to get biosimilar drugs on the market

Korean conglomerate hopes its biopharmaceuticals push can help offset a slowing smartphone market

Published Tue, Jun 7, 2016 · 09:50 PM

Seoul

AS Samsung Bioepis raced to be first to market with a copy of Enbrel, a blockbuster rheumatoid arthritis drug, countdown clocks reminded workers: heading for lunch, meetings or even the washroom: of the days to the first mass production run.

Founded four years ago by South Korea's Samsung Group and with a goal to be first or second to market with more than a dozen so-called biosimilar drugs, Bioepis is fixated on speed.

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