AstraZeneca COVID antibody combination to be manufactured by Samsung Biologics
Seoul: British-Swedish pharmaceutical giant AstraZeneca on Tuesday said that Samsung Biologics, the biotech arm of Samsung Group, will manufacture its antibody combination against Covid-19.
Under an agreement valued at approximately $380 million, Samsung Biologics will manufacture Evusheld -- AstraZeneca's combination of two long-acting antibodies in development for the potential treatment of Covid-19 -- at its plant in Songdo, Incheon, 40 km west of Seoul, Yonhap news agency reported.
The deal represents a hike from a long-term supply agreement valued at $331 million signed between the two firms in September.
Evusheld is an injectable monoclonal antibody cocktail and has been approved for pre-exposure prophylaxis, or PrEP, against Covid-19 among individuals aged 12 and older and who are not currently infected with the SARS-CoV-2 virus and who have not recently been exposed to an individual infected with SARS-CoV-2.
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