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1,855 Results for "wuxi apptec".

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Press Releases

WuXi AppTec Joins the Pharmaceutical Supply Chain Initiative (PSCI)

January 13, 2025
·
2 min read
BIOSECURE Act

WuXi AppTec Hit With Slight Drop in US Revenue as Threat of BIOSECURE Act Looms

With the BIOSECURE Act likely to be voted on in Congress this year, WuXi AppTec’s U.S. revenue dropped 1.2% in the first half of 2024 while the Chinese company increased its lobbying efforts.

July 29, 2024
·
2 min read
·
Tyler Patchen
BIOSECURE Act

WuXi Mulls Sale of Some US, European Operations: FT

The Financial Times reported Thursday that WuXi AppTec is looking to sell its cell and gene therapy manufacturing unit, with facilities in Philadelphia, while WuXi Biologics wants to offload some of its production sites in Europe.

October 3, 2024
·
2 min read
·
Tristan Manalac
Press Releases

NAMSA Acquires the U.S. Medical Device Testing Operations of WuXi AppTec, Solidifying its Position as the Leader in MedTech Testing and Clinical Research

January 17, 2025
·
3 min read
BIOSECURE Act

WuXi Biologics Faces Uncertain Future in the U.S. After BIOSECURE Blow

WuXi AppTec looks to unload its Philadelphia manufacturing sites and WuXi Biologics slows its rapid expansion in the U.S. as the companies await the Senate’s review of the BIOSECURE Act that threatens to cut them off from U.S. biopharma.

October 8, 2024
·
5 min read
·
Ben Hargreaves
Policy

BIO Separates from China’s WuXi AppTec Amid National Security Concerns

In a change of position as congressional scrutiny of WuXi AppTec grows, the Biotechnology Innovation Organization announced it is taking steps to separate from the China-based biotech.

March 14, 2024
·
3 min read
·
Tristan Manalac
Policy

WuXi AppTec Shared Client IP with Beijing, Say US Intelligence Officials: Reuters

U.S. intelligence officials have informed senators that China-based biotech WuXi AppTec transferred an American client’s intellectual property to the Chinese government without consent, reports Reuters.

March 29, 2024
·
2 min read
·
Tristan Manalac
Manufacturing

Merck Snaps Up WuXi Biologics Facility in Ireland for $500M

The acquisition from Wuxi Biologics, the embattled CDMO named in the BIOSECURE Act, marks another expansion of Merck’s manufacturing operations in Ireland.

January 6, 2025
·
1 min read
·
Annalee Armstrong
Business

WuXi AppTec Achieved First Quarter 2024 Target Despite External Challenges, Maintaining Stable Operations

WuXi AppTec, a global company that provides a broad portfolio of R&D and manufacturing services that enable companies in the pharmaceutical and life sciences industry, announced its financial results for the first quarter ending March 31, 2024.

April 29, 2024
·
18 min read
Press Releases

WuXi AppTec Named Global CRDMO Company of the Year by Frost & Sullivan for the Eighth Consecutive Year

October 30, 2024
·
2 min read

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