WuXi XDC issued a total of 178,446,000 shares under the global offering at an offer price of
WuXi XDC intends to use the net proceeds to enhance its capabilities and capacity worldwide, including facilities construction in
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WuXi XDC offers end-to-end services – from discovery to commercial production in bioconjugation. The company’s services span from antibody intermediates and other biologics intermediates, chemical payloads and linkers, to bioconjugate drug substances and drug products. The comprehensive one-stop GMP manufacturing services for ADCs and other bioconjugates cover production at both the clinical and commercial stages, meeting the growing client demand across the globe. With integrated capabilities and efficiencies, WuXi XDC has significantly shortened the ADC development timeline – taking only 13-15 months from antibody DNA sequence to Investigational New Drug (IND) filing, nearly cutting in half the average industry timeline. In recognition of these capabilities, WuXi XDC has been named the winner of the ‘Best Contract Development Manufacturing Organization (CDMO)’ prize at the 2023 World ADC Awards.
Global leading discovery and development platform
After a decade of solid growth, WuXi XDC has built an integrated technology and service platform that extends from discovery, development, manufacturing, and quality controls to regulatory filings for ADCs and other bioconjugates.
The platform provides clients with extensive expertise in state-of-the-art conjugation technologies, complex discovery, industry-leading process development, and comprehensive analytical methods, as well as dedicated and specialized facilities. As of
About WuXi XDC
Forward Looking Statements
The information contained in this press release includes historical information about, and relevant to, WuXi XDC that should not be regarded as an indication of the future performance or results of WuXi XDC, or an indication that there has been no change in the information about and relevant to WuXi XDC since the date hereof or since the dates as of which information is given in this Presentation. This press release may contain WuXi XDC’s current beliefs and expectations regarding the indicated future dates. Such forward-looking statements are based on some assumptions about WuXi XDC’s operations or factors outside WuXi XDC’s control, and may be affected by a number of known and unknown factors, including factors beyond WuXi XDC’s control. Therefore, WuXi XDC’s actual performance may be materially different from these forward-looking statements. You shall not rely on such forward-looking statements. WuXi XDC, the parties involved in the issuance of WuXi XDC’s securities, or their respective affiliates, controllers, directors, managers, partners, employees, agents, representatives or advisors shall not be obliged to update or revise such forward-looking statements in response to new information, events or circumstances that occur after these dates.
Contact:
Email: wuxixdc.ir@wuxibiologics.com
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