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Celltrion Biologics Drug Substance CMO Deal and Capacity Expansion

Sector: Manufacturing (Industrial) • Location: Songdo and Branchburg, Incheon and New Jersey, South Korea and United States

Source: Chosunbiz

Project
Awarded

Celltrion signed a contract manufacturing (CMO) deal with a global pharmaceutical company to supply biologics drug substance from 2027 to 2029. The contract is worth about 294.9 billion won, potentially increasing to 375.4 billion won. Celltrion's cumulative CMO backlog has surpassed 1 trillion won, and the company plans to consider additional domestic and overseas capacity expansions to meet grow

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The project “Celltrion Biologics Drug Substance CMO Deal and Capacity Expansion” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in Songdo and Branchburg, Incheon and New Jersey, South Korea and United States. Taiyo aggregates data on it from Chosunbiz.

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Description

Description

Celltrion signed a contract manufacturing (CMO) deal with a global pharmaceutical company to supply biologics drug substance from 2027 to 2029. The contract is worth about 294.9 billion won, potentially increasing to 375.4 billion won. Celltrion's cumulative CMO backlog has surpassed 1 trillion won, and the company plans to consider additional domestic and overseas capacity expansions to meet growing demand.

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