Will Biden’s Biomanufacturing Initiative Kill Korean Partnership?

by Max Heirich
Share To
The Biden Administration issued an executive order in September centered on bolstering the United States’ biomanufacturing capabilities. The administration intends the initiative to reduce the United States’ reliance on China for pharmaceuticals. However, this wide-ranging initiative has wide-ranging effects, namely on that of Korea’s Biotech Firms.  With companies like Samsung Biologics and SK Bioscience, Korea is one of the leaders in global CMO and CDMO supply chain, while some officials in Korea remain unfazed by the initiative or even see a benefit to the situation, others remain unconvinced. Contract manufacturing organizations (CMOs) or contract development and manufacturing organizations (CDMOs) are on alert as to whether or not Biden’s efforts to keep China in check will disadvantage them or not. 

GO Prime with only $1.49 now

Kite’s Yescarta Yields a Success in a Phase 3 Trial for Treating Large B-Cell Lymphoma
Transcenta Announces First Patient Dosed in the U.S. Study of Its First-In-Class Gremlin1 Targeting Antibody TST003 for the Treatment of Solid Tumors
Biogen’s Tofersen May Show Clinical Benefit in ALS Patients with Rare SOD1 Mutations
Comparing ESG Regulations in the U.S., the U.K., and the EU
See-Mode Technologies Secures Regulatory Approvals for its AI-powered Software that Automatically Analyses and Reports Breast & Thyroid Ultrasound Scans in Australia and New Zealand
OncoC4 Bags $200 Million In CTLA-4 Antibody Pact With BioNTech
HHS Issues Initial Guidance on Negotiation Program as Government’s Latest Move to Reduce Drug Prices
Scroll to Top