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WuXi XDC Established as New CDMO


WuXi XDC Established as New CDMO
Source: Reptile8488/Getty Images
May 17, 2021
WuXi Biologics reports that a joint venture company named WuXi XDC was established to provide end-to-end contract development and manufacturing of bioconjugates. including antibody-drug conjugates (ADCs), with Jimmy (Jincai), PhD, serving as CEO.
WuXi Biologics and WuXi STA will make capital contributions of $120 million and $80 million, respectively, to WuXi XDC, which will be owned by WuXi Biologics for 60% and WuXi STA for 40%.
As a result, WuXi XDC will become a non-wholly owned subsidiary of WuXi Biologics, providing services for development and manufacturing of antibodies and other biologics, chemical payloads and linkers, and bioconjugated drug substances (DS) and drug products (DP). ....

Chris Chen , Minzhang Chen , Jimmy Jincai , Wuxi Biologics , கிறிஸ் சென் ,