- Business
- WuXi AppTec Co., Ltd. (603259.SS) is a leading global contract research, development, and manufacturing organization (CRDMO) that provides integrated end-to-end R&D and manufacturing services to the pharmaceutical, biotechnology, and life sciences industries; its core offerings span WuXi Chemistry for small molecule drug discovery, process development, and API manufacturing; WuXi Biology for target identification, hit-to-lead optimization, and candidate selection across small molecules, biologics, peptides, and oligonucleotides; WuXi Testing for preclinical safety assessments, bioanalysis, DMPK studies, and formulation development; and advanced solutions including Laboratory Testing Division services for drug and medical device testing from preclinical to clinical stages. Founded in 2000 and headquartered in Shanghai, China, the company operates approximately 20 research and manufacturing sites across Asia, Europe, and North America, including major hubs in the United States, Germany, Switzerland, and Singapore, serving nearly 6,000 customers from over 30 countries such as GlaxoSmithKline, AstraZeneca, Pfizer, and Jiangsu Hengrui with around 39,000 employees as of 2025. In recent developments, WuXi AppTec signed a definitive agreement in December 2024 to sell its U.S. and U.K.-based WuXi Advanced Therapies (cell and gene therapy CTDMO) unit to Altaris, LLC, with the transaction expected to close in the first half of 2025; divested its U.S. medical device testing operations in Minnesota and Georgia to NAMSA in January 2025; and reached a definitive agreement in October 2025 with Hillhouse Investment Management to sell its China-based clinical research services, including WuXi Clinical (CRO) and WuXi MedKey (SMO), to sharpen focus on its core CRDMO platform comprising WuXi Chemistry, Biology, and Testing; additionally, its Changzhou and Taixing API sites passed FDA inspections without observations in March 2025, and it completed a second RMB1.0 billion A-share repurchase program in August 2025.