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WuXi Biologics To Be ‘World’s No.1’ Biologics Maker

 
• By Ying Huang

WuXi Biologics is aiming high to become the world’s biggest biologics manufacturer within five years after seeing strong confidence from capital markets in its growth potential and a boost from its new biologics manufacturing facility. The Chinese company plans on more investment in early 2018 to prepare for an expected biologics surge in China, its chief executive tells Scrip.

Wuxi Biologic Facility Opening
• Source: WuXi Biologic

Providing greatly increased manufacturing capacities, WuXi Biologics expects its new biologics facility in Wuxi city could contribute up to 30-40% of the company’s revenues from its commercial production business in the next three to five years, the company’s CEO Chris Chen said in an interview with Scrip.

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