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WXXWY News and Press, Wuxi Biologics Cayman Inc ADR From 05/20/22

Stock Information

Company Name: Wuxi Biologics Cayman Inc ADR
Stock Symbol: WXXWY
Market: OTC

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WXXWY - Vir slips as collaboration with WuXi for COVID-19 antibody drug ends

Vir Biotechnology (NASDAQ:VIR) announced on Friday that its Chinese partner WuXi Biologics (OTCPK:WXXWY) (OTCPK:WXIBF) ended its partnership for development and manufacturing for several of company’s antibody drugs including the COVID-19 antibody therapy sotrovimab. Per the terms of th...

WXXWY - Baron New Asia Fund Q1 2022 Shareholder Letter

Baron is an asset management firm focused on delivering growth equity investment solutions known for a long-term, fundamental, active approach to growth investing. Baron New Asia Fund (the “Fund”) declined 15.24% (Institutional Shares) during the first quarter of 2022. ...

WXXWY - Outlook Healthier For Key Chinese Sector

China’s leading biotechnology and other health care companies have continued to grow revenues rapidly over the past two years and are expected to see strong growth in the years to come. Recently, concerns over domestic regulation, increased domestic competition, US Food and Dru...

WXXWY - WuXi Biologics' 2021 ESG Report Reveals Company's Strong Commitment to Overall Sustainability

WuXi Biologics' 2021 ESG Report Reveals Company's Strong Commitment to Overall Sustainability PR Newswire -   WuXi Biologics has aligned its ESG strategy with the United Nations Sustainable Development Goals (SDGs), as well as with its stakeholders' interests i...

WXXWY - Chinese biotech I-Mab spikes on report of buyout interest

The ADRs of Shanghai-based I-Mab (NASDAQ:IMAB) jumped ~18% in the pre-market Wednesday after Bloomberg reported that the clinical-stage biotech company was considering options including a potential sale amid takeover interest from other global drugmakers. I-Mab (IMAB) has lost more ...

WXXWY - Wuxi Biologics ADR Non-GAAP EPS of RMB0.75, revenue of RMB10.29B

Wuxi Biologics ADR press release (OTCPK:WXXWY): FY Non-GAAP EPS of RMB0.75. Revenue of RMB10.29B (+83.4% Y/Y). By the end of 2021, the Group's total backlog increased to $13,597M, up 20.1% Y/Y.  The Group is still aiming at achieving free cash flow positive in 2022. To meet growing deman...

WXXWY - Top Buys From The Best Money Managers (Q4 2021)

On Feb. 15, institutional investment managers with more than $100 million AUM had to disclose their positions at the end of Q4 2021. I curated a list of some of the best-performing hedge funds and looked into their holdings at the end of December 2021. This list is particularly ti...

WXXWY - Chinese biotechs lower after WuXi Biologics added to U.S. 'unverified' list

U.S.-listed Chinese biotech companies are trading lower after the U.S. commerce department added life-sciences company, WuXi Biologics (OTCPK:WXXWY -13.5%) (OTCPK:WXIBF -22.6%), to its “unverified” list for exporters. Notable decliners include I-Mab (IMAB -5.7%) and BeiGene (BGN...

WXXWY - WuXi Biologics says "no impact" on business amid units added to "Unverified List" by US

WuXi Biologics (Cayman) (OTCPK:WXXWY) said the company has become aware of a recent U.S. Commerce Department announcement that two of its subsidiaries in Shanghai and Wuxi will be added to the department's "Unverified List" (UVL) on Feb. 8. The company said the reason for this actio...

WXXWY - WuXi Biologics Statement

WuXi Biologics Statement PR Newswire SHANGHAI , Feb. 7, 2022 /PRNewswire/ -- We have been made aware of a recent U.S. Commerce Department announcement that two WuXi Biologics (Cayman) subsidiaries in Shanghai and Wuxi will be added to the department's "Unveri...

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