观点医药

WuXi Biologics hatches new baby with ADC drug unit IPO

The drug outsourcing services company is spinning off its WuXi XDC unit, seizing on investor enthusiasm for a new generation of highly targeted ADC drugs

This article only represents the author's own views.

The WuXi PharmaTech family of publicly listed companies, emerging as global leaders in outsourced contract services for drug developers, is about to gain a new member.

That latest addition comes from the antibody-drug conjugate (ADC) space that is fast emerging as a major new hot spot following the big success for PD-1 antibodies. Both traditional drug giants and biopharma startups are piling into the space, boosting demand for outsourced services from contract research, development and manufacturing organizations (CRDMO) with ADC expertise.

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