Wuxi Biologics Unit Plans to Increase $470.5 Million in Hong Kong IPO

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A Wuxi Biologics unit plans to boost as much as 3.68 billion Hong Kong {dollars} (US$470.5 million) by means of an preliminary public providing in considered one of Asia’s greatest inventory markets.

Wuxi XDC Cayman, a contract growth and manufacturing group targeted on antibody-drug conjugates, is planning to promote 178.45 million shares within the IPO, Wuxi XDC stated.

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