WuXi AppTec starts a glob­al wave of ex­pan­sion, jump­ing off in San Diego fol­low­ing $1B Hong Kong IPO raise

As WuXi AppTec re­port­ed­ly rais­es $1 bil­lion from its pub­lic list­ing in Hong Kong don­ning a val­u­a­tion of $10.2 bil­lion, it’s be­gin­ning to check off some of the ini­tia­tives it has blue­print­ed.

The Chi­nese CRO gi­ant has an­nounced it’s ex­pand­ing its fa­cil­i­ties in San Diego to gath­er key el­e­ments of its small mol­e­cule plat­form un­der one roof, from screen­ing, dis­cov­ery bi­ol­o­gy, phar­ma­col­o­gy, process R&D all the way up to Phase I man­u­fac­tur­ing.

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