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Binex buys 22% stake in Aprogen

Published: 2012-07-16 06:56:00
Updated: 2012-07-16 06:56:00
Binex Co. has bought a 22 percent stake in Aprogen from Schnell Biopharmaceuticals for 16 billion won to take lead in biosimilars, industry sources said Wednesday.

Biosimilars, or imitation biopharmaceuticals, are officially approved subsequent versions of innovative biopharmaceutical products manufactured by different producers after the patent on the innovator product expires.

Aprogen p...

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