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02269 WUXI BIO
RTNominal up13.400 +0.540 (+4.199%)
Others

23/05/2018 09:15

WuXi Bio (02269) plans to build new facility in Singapore

[ET Net News Agency, 23 May 2018] WuXi Biologics (02269) said it plans to establish a
new biologics clinical and commercial manufacturing facility in Singapore.
According to the company's preliminary development plan, it may involve a total
investment amount of about S$80 million (equivalent to about HK$467 million) and hiring of
about 150 employees.
It is intended that the Singapore new facility will be constructed with a total of
4,500L bioreactor capacity, where two 2,000L traditional fed-batch and one 500L perfusion
based continuous processing will be installed for the purpose of handling both clinical
and small volume commercial production. (HL)

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