This biotech manufacturer, a publicly listed joint venture of two companies affiliated with the Samsung conglomerate, brought in only $400 million in revenue in 2017. But through partnerships with Biogen and AstraZeneca, it holds a stake in the world’s largest pipeline for biosimilar generic drugs—a pipeline that analysts believe can generate annual revenue growth of 40% to 60% for years to come. In July, South Korean regulators ruled that the company violated accounting standards in structuring one of its partnerships and referred the case to prosecutors. In a statement, the company said its actions were legal.
Life Sciences Tools and Services
Incheon, South Korea
|Revenues ($M) (Past 12 Months)||$501|
|Profits ($M) (Past 12 Months)||$-99|
|Market Value as of Oct. 10, 2018 ($M)||$28,326|