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Samsung Biologics’ Biosimilar Spin-Off Approved at October 2025 EGM

Oct 17, 2025

On 17 October 2025, Samsung Biologics announced that its biosimilar operations will be spun off into a new holding entity, Samsung Epis Holdings, after the proposal was approved by shareholders at an Extraordinary General Meeting.

Following the spin-off, Samsung Biologics will focus on its contract development and manufacturing (CDMO) business, while Samsung Epis Holdings will become the parent company of the biosimilar unit, Samsung Bioepis, supporting its R&D and also exploring new growth opportunities including development of bio-platform technologies.

According to materials published by Samsung Biologics in advance of the Extraordinary General Meeting, the spin-off is partly driven by client concerns of potential conflicts of interest with a perception that Samsung Biologics was operating a competing biosimilar business to Samsung Bioepis.  Another factor influencing the separation is valuation limitations due to differences between order-based (Samsung Biologics) and R&D-driven (Samsung Bioepis) models.

The spin-off is tentatively expected to take effect on 1 November 2025, with both entities to be relisted on the Korean Exchange on 24 November 2025.