Chinese CDMO seeks to consolidate leadership in ADC space
WuXi XDC (HKG: 2268) has made a bid to buy fellow Chinese firm BioDlink (HKG: 1875), a fully integrated CDMO offering end-to-end biologics development and manufacturing services.
An antibody drug conjugate (ADC) specialist, WuXi XDC was formed through a joint venture between Chinese contract research, development and manufacturing organization (CDMO) WuXi Biologics (HK: 2269) and WuXi STA, which is part of WuXi AppTec.
Capitalizing on a growing interest in bioconjugates, WuXi XDC provides end-to-end CDMO services, including for ADCs, as well as for antibodies and other biologic intermediates, chemical payloads and linkers.
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