Latest news with #WuXiXDC
Associated Press
2 days ago
- Business
- Associated Press
WuXi XDC Announces the Mechanical Completion of its Singapore Site, Accelerating the Global Expansion of Bioconjugates Manufacturing
SHANGHAI and SINGAPORE, July 1, 2025 /PRNewswire/ -- On June 30, WuXi XDC Cayman Inc. ('WuXi XDC', stock code: a leading global Contract Research, Development and Manufacturing Organization (CRDMO) focused on the bioconjugate industry, announced that the mechanical completion of its manufacturing site at Tuas Biomedical Park in Singapore has been successfully achieved. This milestone signifies that this manufacturing site, spanning approximately 25,000 square meters, will now officially transition into the facility C&Q (Commissioning and Qualification) stage. The Singapore site is expected to commence operations by the end of 2025 and Good Manufacturing Practice (GMP) manufacturing in 2026. Upon that, the site will offer comprehensive production capabilities from the preclinical stage to commercialization. As a critical component of WuXi XDC's global strategy, the Singapore site has demonstrated exceptional progress, adhering to the perfect execution and the 'WuXi Speed' to provide customers with agile and flexible end-to-end CRDMO services. According to current capacity plan, the site is anticipated to create more than 500 job opportunities and over 100 people have joined our company so far. Dr. Jimmy Li, CEO of WuXi XDC, stated, " The rapid mechanical completion of our Singapore site marks a critical pillar in our 'Global Dual-Sourcing' strategy. This global site will form a worldwide network alongside our Wuxi, Changzhou, and Shanghai sites, delivering end-to-end CRDMO services to global customers. This accomplishment showcases the full support of the partners for the construction of Singapore site, our deep understanding of global market demands, our ability to respond swiftly and the robust execution capabilities of our team. Looking ahead, we remain committed to advancing our one-stop model and global supply network, collaborating with global partners to promote the diversified and sustainable development of bioconjugates.' The Singapore site serves as a world-class, one-stop bioconjugates manufacturing center, integrating antibody intermediates, drug substance (DS), and drug products (DP). It strictly adheres to international certification standards and utilizes an advanced modular factory design. Key features include state-of-the-art antibody intermediates production lines, bioconjugate DS and DP production lines, MSAT lab, quality control, intelligent warehousing, and other utility support areas. Equipped with cutting-edge isolator filling lines, fully automated material transfer systems, and digital production management systems, the Singapore site supports multi-level demands ranging from small-scale clinical supplies to large-scale commercial manufacturing, including up to 2,000 liters per batch of mAb/DS, and 8 million vials of DP per year. These capabilities ensure the efficient advancement of projects across various stages while maintaining adherence to the highest quality standards. The Singapore site will be operated under the highest international quality assurance standards, fully complying with Good Manufacturing Practice (GMP) regulations established by the U.S. Food and Drug Administration (FDA), the European Medicines Agency (EMA), and China's National Medical Products Administration (NMPA). This ensures comprehensive compliance throughout the production process, from antibody intermediates and DS to DP, enabling seamless product release globally. Additionally, the site incorporates environmentally friendly practices, utilizing certified eco-friendly products and implementing strict recycling and waste disposal systems to promote sustainability and enhance the company's ESG management level. About WuXi XDC WuXi XDC Cayman Inc. (stock code: is a globally recognized contract research, development, and manufacturing organization (CRDMO) specializing in bioconjugates. The company offers a wide range of innovative conjugation and payload-linker technologies to facilitate the development of next-generation antibody-drug conjugates (ADCs). Focused on early-stage research and development of ADCs and other bioconjugates, WuXi XDC offers comprehensive one-stop services from clinical to commercial manufacturing. Its services cover antibody intermediates and other biologics intermediates, chemical payloads and linkers, as well as bioconjugate drug substances and drug products. For more information about WuXi XDC, please visit: WuXi XDC Contacts Investor: [email protected] Media: [email protected] BD: [email protected] View original content: SOURCE WuXi XDC
Yahoo
20-05-2025
- Business
- Yahoo
WuXi XDC Received Multiple Awards from 2025 Extel (previously "Institutional Investor") Ranking in Diverse Categories
SHANGHAI, May 19, 2025 /PRNewswire/ -- WuXi XDC Cayman Inc. ("WuXi XDC", stock code: a leading global Contract Research, Development and Manufacturing Organization (CRDMO) focused on the bioconjugate market, today announced that the company received multiple top awards- "Best CEO", "Best CFO", "Best Company Board", "Best IR Program", "Best IR Professional", and "Best ESG (Environmental, Social and Governance)" among different vote types, in the ranking of "2025 Asia (ex-Japan) Executive Team" by Extel (previously "Institutional Investor"). This is the second year that WuXi XDC has participated in the Extel ranking and won multiple awards. With its outstanding comprehensive strength, WuXi XDC achieved the "Grand Slam" in all ranking categories and in three different sectors -"All market capitalization" , "Small and Medium-sized market capitalization", and "Chinese mainland". As a leading international financial survey publisher, Extel creates its research-supported rankings and names award recipients based on combined buy-side and sell-side surveys within the industry. The ranking and award recipients have been seen as impactful to the capital market since its debut. This year, 5,437 investment professionals from 1,167 financial service firms casted votes in core areas including accessibility of senior executives, execution of strategy, well-informed and empowered IR Team, timeliness of disclosure, corporate and board governance, and ESG performance. Mr. Michael Xi, CFO of WuXi XDC, stated, "As a leading global CRDMO, we have been honored with multiple awards in the Extel Award for two consecutive years. This accomplishment signifies the international capital market's recognition of WuXi XDC's strategic positioning, corporate governance and social returns, and value creation capabilities. This award serves as both recognition and a responsibility. WuXi XDC will continue to foster a rewarding cycle of business growth and shareholder returns by maintaining deep market insights into bioconjugate development and enhancing global operational efficiency". WuXi XDC was listed on the Hong Kong Stock Exchange Main Board in November 2023, raising over HKD 4 billion（post green-shoe）and was named "Best IPO" by IFR Asia that year. In March 2024, the company was included in the stock list of Hong Kong Stock Connect. As of Today, WuXi XDC has been officially covered by over 30 sell-side analysts/firms, including major domestic and global sell-side institutions and the holding percentage of Hong Kong Stock Connect in WuXi XDC's total issued shares has climbed to over 13%. The company has been included as a component stock in multiple indices, such as the Hang Seng Composite Index (HSCI), the Hang Seng Hong Kong Listed Biotechnology Index (HSHKBIO), the Hang Seng Healthcare Index (HSHCI), the Hang Seng Hong Kong US Biotechnology Index (HSUSB), and the FTSE All-Cap, etc. In the realm of capital market accolades, the company has been the recipient of prestigious industry honors including "Top Investor-Picked Companies", "Most Valuable Pharmaceutical and Healthcare Company", "Most Promising Hong Kong-listed Pharma Company", "A Rating in the Wind ESG Rankings" and "Top 20 Pharmaceutical Listed Companies in ESG Competitiveness 2024". In 2024, WuXi XDC has continued to reinforce its leading position in the ADC and bioconjugates CRDMO field, with revenue increased by 90.8% YoY to RMB 4,052 million, and net profit surged by 277.2% YoY to RMB 1,070 million. As of December 31, 2024, the company has cumulatively served nearly 500 global customers and successfully delivered over 14,000 bioconjugate molecules. The "Enable, Follow and Win the Molecule" strategy continued to drive sustained and rapid project growth. By the end of 2024, the total number of integrated CMC projects had reached 194, supporting 85 IND submissions. 13 out of top 20 global pharmaceutical companies have partnered with company for R&D and manufacturing services of ADCs and broader bioconjugates. About WuXi XDC WuXi XDC Cayman Inc. ("WuXi XDC" or the "Company", stock code: is a leading global CRDMO focused on antibody drug conjugates (ADC) and the broader bioconjugate market. It provides end-to-end contract research, development and manufacturing services for bioconjugates. Its services cover antibody intermediates and other biologics intermediates, chemical payloads and linkers, as well as bioconjugate drug substances and drug products. For more information about WuXi XDC, please visit: WuXi XDC Contacts Investor: Media: wuxixdc_pr@ wuxixdc_info@ View original content to download multimedia: SOURCE WuXi XDC Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-03-2025
- Business
- Yahoo
WuXi XDC Wins Multiple Awards at Asia-Pacific Biopharma Excellence Awards 2025
SHANGHAI, March 13, 2025 /PRNewswire/ -- WuXi XDC Cayman Inc. ("WuXi XDC", or the "Company", stock code: a leading global CRDMO (Contract Research, Development, and Manufacturing Organization) specializing in antibody-drug conjugates (ADCs) and other bioconjugates, has been honored with four prestigious awards at the Asia-Pacific Biopharma Excellence Awards 2025. The Asia-Pacific Biopharma Excellence Awards honor companies annually that have exhibited outstanding performance and achievement in the biopharmaceutical sector. These accolades underscore WuXi XDC's leadership, innovation, and fully integrated CRDMO platform, empowering global clients from early discovery to commercial manufacturing. Industry-leading development and manufacturing capabilities (Best ADC CDMO in Asia & China): WuXi XDC's state-of-the-art facilities and global dual-sourcing strategy enable seamless CMC development and GMP manufacturing, accelerating the timeline while ensuring a high success rate and regulatory excellence. Innovation in Discovery & Development (Best ADC CRO in Asia): WuXi XDC's proprietary conjugation and payload-linker technologies, along with the incorporation of external technologies through partnerships, drive ADC and XDC discovery, optimization, and IND-enabling studies, expediting clients' clinical advancement. Pioneering ADC Technology (Best ADC Platform Technology): Through next-generation payload-linker innovations and site-specific conjugation technologies, from internal development and external partnership, WuXi XDC provides clients with diversified technology suites to advance ADC and XDC developments. Dr. Jimmy Li, CEO of WuXi XDC, commented: "We are honored to receive these prestigious awards, which not only reaffirm our team's relentless pursuit of excellence and innovation in the ADC field but also underscore our dedication to delivering world-class services that empower our clients to bring novel therapies to patients worldwide. They are a testament to the hard work and dedication of every WuXi XDC employee – their relentless efforts that have made this milestone possible. It also belongs to our valued partners, whose trust and collaboration have driven our collective success. Looking ahead, WuXi XDC will continue to support our clients and advance the innovation and progress of the global bioconjugate industry." These awards follow WuXi XDC's recent recognition at the 2024 World ADC Awards, where the company was named Best CDMO Winner for the second consecutive year, further solidifying its leadership position in the global ADC industry. As the ADC market continues to experience sustainable growth, WuXi XDC relentlessly committed to advancing its technological capabilities and expanding its service offerings to meet clients' evolving needs. About WuXi XDC WuXi XDC Cayman Inc. ("WuXi XDC", stock code: is a leading global CRDMO focused on antibody drug conjugates (ADC) and the broader bioconjugate market. It provides end-to-end contract research, development and manufacturing services for bioconjugates, including ADCs. Its services cover antibody intermediates and other biologics intermediates, chemical payloads and linkers, as well as bioconjugate drug substances and drug products. For more information about WuXi XDC, please visit: WuXi XDC Contacts Investor: Media: wuxixdc_pr@ BD: wuxixdc_info@ View original content to download multimedia: SOURCE WuXi XDC
Yahoo
12-03-2025
- Business
- Yahoo
WuXi XDC and AbTis collaborate on antibody-drug conjugates
Contract research, development and manufacturing organisation (CRDMO) WuXi XDC Cayman has signed a memorandum of understanding with South Korea-based AbTis to advance next-generation antibody-drug conjugates (ADCs). The partnership combines AbTis' AbClick site-selective conjugation platform with WuXi XDC's all-in-one development and manufacturing platform and discovery services. AbClick leverages affinity peptide-assisted linkers for precise antibody-drug conjugation. To expedite ADC therapeutic innovation, the collaboration will incorporate AbTis' technology into WuXi XDC's toolbox. With the improvement of chemistry, manufacturing and controls (CMC) platform offerings, WuXi XDC and AbTis will enable clients to expedite the selection of preclinical candidates and the timelines of CMC development, as well as develop ADCs. WuXi XDC will enable potential partnerships between AbTis and its network of clients. WuXi XDC CEO Dr Jimmy Li stated: 'This collaboration with AbTis underscores our commitment to advancing innovation through strategic partnerships and creating meaningful value for our clients. 'With the addition of AbTis' innovative conjugation technology into the WuXi XDC technology suite, it will provide our clients with broader options of advanced bioconjugation technologies and tailormade solutions to support the advancement of next-generation ADCs and bioconjugate drugs.' The initiative will widen the reach of AbTis technologies globally and pave the way for synergistic market opportunities. AbTis CEO Dr Tae Dong Han stated: 'This partnership with WuXi XDC marks a significant milestone for AbTis as we expand the reach of our site-selective conjugation technology. 'By leveraging WuXi XDC's extensive global network and integrated CRDMO platforms alongside AbTis' innovative bioconjugation technologies and comprehensive expertise, we aim to create a synergy that amplifies the accessibility and impact of our innovations.' "WuXi XDC and AbTis collaborate on antibody-drug conjugates" was originally created and published by Pharmaceutical Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
