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To provide contract development and manufacturing of bioconjugates including antibody-drug conjugates (ADCs).
May 14, 2021
By: Kristin Brooks
Managing Editor, Contract Pharma
WuXi Biologics and WuXi STA, a subsidiary of WuXi AppTec, established a joint venture company named WuXi XDC to provide contract development and manufacturing of bioconjugates including antibody-drug conjugates (ADCs). Dr. Jimmy (Jincai) Li was appointed as CEO of WuXi XDC. WuXi Biologics and WuXi STA will make capital contributions of $120 million and $80 million respectively to WuXi XDC. WuXi Biologics will own 60% and WuXi STA, 40%. Accordingly, WuXi XDC will become a non-wholly owned sub...
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