WuXi Biologics
WuXi Biologics is a global Contract Research Development and Manufacturing Organization (CRDMO) that provides open-access, integrated technology platforms for biologics drug development.
Type | Public |
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Traded as | SEHK: 2269 Hang Seng Index Component |
ISIN | KYG970081173 |
Industry |
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Founded | 2015 | in Wu Xi City, China
Headquarters | Primary: 108 Meiliang Road, Mashan, Binhu District, Wuxi, Jiangsu, China, 214092 |
Area served | Worldwide |
Key people |
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Revenue | ¥5,612,400,000 RMB (2020) ¥3,983,687,000 RMB (2019) |
Net income | ¥1,692,700,000 RMB (2020) ¥1,010,337,000 RMB (2019) |
Total assets | ¥20,899,396,000 RMB (2020) ¥12,896,100,000 RMB (2019) |
Total equity | ¥20,899,396,000 RMB (2020) ¥12,896,100,000 RMB (2019) |
Number of employees | 6,348 (2020) |
Subsidiaries | WuXi Vaccines CMAB Biopharma Group |
Website | www |
Footnotes / references [1][2][3][4] |
WuXi Biologics' roots date back to 2010, and began building out capabilities and facilities required for biologics discovery, development and GMP manufacturing. Since then, WuXi Biologics has focused on establishing state-of-the-art research and manufacturing facilities and building partnerships with pharmaceutical and biotech companies in the space.[5] WuXi Biologics went public on the Hong Kong Stock Exchange in June 2017.[6]
As of 2021, WuXi Biologics has 18 manufacturing sites around the world including ten in China, three in the United States, two in Ireland, two in Germany, and one in Singapore with a planned total production capacity of 220,000 by 2022 and over 430,000 liters by 2023.[7]
In August 2020, WuXi Biologics was selected to become a component of the Hang Seng Index in Hong Kong.[8]
Network utilization
As of June 30, 2020, WuXi Biologics has 141 projects in the pre-clinical development stage. In addition, WuXi Biologics also has 125 projects that are currently in early phase clinical trials and 19 in late-phase clinical trials. WuXi Biologics currently has 1 project in commercial manufacturing with the goal of increasing this count to eight in 2021.[9]
Facilities in Asia
Shanghai, China
WuXi Biologics has two sites located in Shanghai, China. MFG3, is a 200,000 sq.ft. facility opened in April 2018 and is located in the Shanghai Waigaoqiao Free Trade Zone. The facility has a capacity of 7,000 liters with two 2,000 liter capacity bioreactors in a fed-batch configuration and one 1,000 liter perfusion bioreactor in a continuous bioprocess configuration.[10] Another, a 1.6 million sq. ft. global innovation site slated to open in 2021 is located in the Fengxian District.[11]
Wuxi, China
WuXi Biologics has two sites located in Wu Xi City, China. The Mashan site contains MFG1, MFG2, MFG4 and MFG5.[10] and the Wuxi New Area site contains labs dedicated to the antibody drug conjugate development and production. With 30,000 liters of capacity, MFG2 was the world's largest single-use bioreactor production facility which was replaced in that metric by MFG5 which has a 60,000 liter capacity and opened on Feb 9th, 2021.[11][12]
Hangzhou, China
As of March 2021, WuXi Biologics will have two sites in Hangzhou China.
On March 17, 2021, WuXi Biologics announced an equity agreement with Pfizer China to acquire its newly built $350 million Hangzhou global biotechnology center site and facilities (MFG20). Expected to close in the first half of 2021, the deal includes the 50,000 m2 (540,000 sq ft) of facilities which have been GMP operational since 2018 and are equipped with 2X2000L single-use bioreactors with the ability to expand up to 4X2000L single-use bioreactors. Also included in the acquisition are vial filling (DP9) and pre-filled syringe (DP10) fill and finish lines.[13] Opened in 2020 and slated to be GMP-ready in 2021, the Hangzhou site (MFG13) is home to facilities dedicated to the development and GMP manufacture of recombinant proteins and plasmid DNA produced via microbial fermentation along with separate facilities for the development and production of a viral-based vaccine.[11]
Suzhou, China
As of March 2021, WuXi Biologics will have two sites located in the city of Suzhou, China.
On March 18, 2021, WuXi Biologics announced a purchase agreement with CBC Group which will allow it to acquire over a 90% interest in CMAB Biopharma Group. The transaction is expected to close in the second quarter of 2021. Along with the controlling stake, WuXi Biologics will also acquire a 7000L bioreactor capacity manufacturing facility (MFG21) in Suzhou and associated liquid and lyophilization (DP21) fill and finish production lines.[14] A second site, opened in 2014 is 108,716 sq. ft and was the first non-governmentally affiliated biosafety testing facility in Asia. The facility performs cell line characterization, viral clearance validation studies, and unprocessed bulk lot release.[11]
Chengdu, China
Currently slated to open in 2023, the Chengdu facility (MFG12) will be a 1.3 million sq.ft, with an integrated manufacturing center for innovative biologics and dedicated to R&D and commercial-scale bulk API production with an initial bioreactor capacity of 48,000 liters for commercial production and 5,000 liters for clinical production.[11][15]
Shijiazhuang, China
Currently slated to open in 2022, the Shijiazhuang facility MFG8 will be 884,363 sq.ft and dedicated to development and API manufacturing with an initial bioreactor capacity of 48,000 liters.[11]
Singapore
On May 24, 2018, WuXi Biologics announced it will be building a $60 million facility (MFG10) in Singapore which will feature an initial bioreactor capacity of 4,500 liters made up of two 2,000 liter fed-batch reactors and one 500 liter continuous processing perfusion reactor to open in 2023.[11] The project is backed by the Singapore Economic Development Board and will be dedicated to clinical and small volume commercial production as well as early-stage bioprocess development.[16]
Facilities in Europe
Leverkusen, Germany Facility
On January 17, 2020, WuXi Biologics and Bayer announced an acquisition agreement in which WuXi Biologics would take over the operations and lease a 139,931 sq. ft. fill site in Leverkusen, Germany. Based on the agreement, the site would perform the final fill-finish of various biologics products produced by WuXi's API sites, and act as a backup for filling operations for Bayer's Kovaltry anti-hemophilic infusions which are primarily finished in another plant in Berkeley, California.[17]
Wuppertal, Germany Facility
On December 21, 2020, WuXi Biologics and Bayer announced a new acquisition agreement for a 322,917 sq feet drug substance (DS) production site for €150 million in Wuppertal, Germany. The DS facility, to be called MFG19, will be capable of continuous bioprocessing in a 3X1000L perfusion bioreactor configuration and 6X2000L in a fed batch traditional bioprocessing configuration.[18] Previously used to produce Bayer's Kovaltry anti-hemophilic infusions, the facility will be reconfigured to incorporate single-use technology and would create 300 jobs in the region.[19]
API production facilities
In April 2018,[20] WuXi Biologics announced plans to build a new biologics drug substance manufacturing facility on 26 hectares in Dundalk, Ireland. The project is directly supported by the Irish Government through IDA Ireland, with a cost of approximately $394 million. When completed, the facility will be one of the world's largest plants supporting single-use bioreactors and will help accelerate the development of biologic drugs in Europe.[21] MFG6 will have a perfusion bioreactor capacity of 6,000 liters in a continuous bioprocessing configuration and MFG7 will have a 48,000 liter bioreactor capacity in a traditional fed-batch configuration.[22]
Vaccine production facility
In November 2019, WuXi Vaccines, a subsidiary of WuXi Biologics, announced that it would invest an additional $240 million to build a new 167,056 sq ft vaccine manufacturing facility at the Dundalk, Ireland site. The vaccine site planned includes drug substance manufacturing facilities, drug product manufacturing, Manufacturing Science and Technology Labs as well as Quality Control labs. In February 2020, WuXi Vaccines announced it had signed a 20-year, $3 billion contract with an unidentified "global vaccine leader" to produce one of the unidentified company's vaccine products at the new facility.[23]
Facilities in the United States
Massachusetts
In May 2020, WuXi Biologics announced that it had secured a deal with the Worcester Business Development Corporation at The Reactory, a master-planned manufacturing hub project in Worcester, MA. The two-story, 107,000-square-foot facility will cost $60 million and will employ 150 when it is completed in 2022. The Worcester City Council granted a 20-year, $11.5 million tax increment financing plan to help seal the deal. The new facility will have 16,000 liters of bioreactor capacity, which will include four 4,000-liter traditional fed-batch units and one 500-liter perfusion-based continuous processing unit and will be named MFG11.[24]
New Jersey
In June 2020, WuXi Biologics announced that it had signed a 10-year lease for a 66,000 sq.ft. clinical manufacturing facility (MFG18) in Cranbury, NJ. The facility had previously been leased by Outlook Therapeutics and will install a total of 6000 liters of bioreactor capacity, process development, and quality control labs, along with supporting functions.[25]
Pennsylvania
In May 2020, WuXi Biologics announced it had leased a 33,000 sq.ft process development lab in King of Prussia, Pennsylvania at Discovery Labs, a former GlaxoSmithKline manufacturing site.[26]
References
- "Leadership". WuXi Biologics. Retrieved 2020-12-06.
- "Annual Financial Reports". WuXi Biologics. Retrieved 2020-12-06.
- "WuXi Vaccines Overviewlanguage=en-US". Retrieved 2020-12-06.
- "WuXi Biologics to acquire CMAB Biopharma Grouplanguage=en-US". Retrieved 2021-03-18.
- "CHNA ETF Video Series: WuXi Biologics". loncarfunds.com. Retrieved 2019-08-14.
- "UPDATE 2-WuXi Biologics prices HK IPO at top as investors seek..." Reuters. 2017-06-06. Retrieved 2019-08-14.
- "Global Network". WuXi Press Release. 2020-12-06. Retrieved 2020-12-06.
- "Alibaba, Xiaomi, WuXi Biologics to join Hang Seng Index". S&P Global Market Intelligence. 2020-12-06. Retrieved 2020-12-06.
- "Company". WuXi Biologics. Retrieved 2021-01-11.
- "Facilities". WuXi Biologics. Retrieved 2020-12-06.
- "Facilities". WuXi Biologics. Retrieved 2020-12-06.
- "The World's Largest 36,000L Biomanufacturing Line Using Single-use Bioreactors Launches GMP Operation at WuXi Biologics". PRN. Retrieved 2021-02-15.
- "Facilities". WuXi Biologics. Retrieved 2021-03-18.
- "Facilities". WuXi Biologics. Retrieved 2021-03-18.
- "WuXi Biologics to build 1.3m-sq-ft manufacturing centre". biopharma-reporter. Retrieved 2020-12-06.
- Chapman, Sophie (16 May 2020). "WuXi Biologics to construct $60mn facility in Singapore". Manufacturing Digital Magazine. Retrieved 16 May 2022.
- "WuXi Biologics taking over Bayer plant..." FiercePharma. 2020-01-16. Retrieved 2020-12-06.
- "WuXi Biologics to Acquire Drug Substance Facility in Wuppertal, Germany from Bayer". WuXi Biologics. Retrieved 2020-12-21.
- "WuXi Bio lays out €150M to take over Bayer plant in Germany, boosting pandemic supply network". FiercePharma. Retrieved 2020-12-23.
- "WuXi Biologics' Biologics Manufacturing Facility, Dundalk, Ireland". Pharmaceutical Technology. Retrieved 2019-08-14.
- "Jacobs Wins Contract to Provide Construction Services for WuXi". GEN - Genetic Engineering and Biotechnology News. 2019-06-10. Retrieved 2019-08-14.
- "WuXi Biologics Completes Biologics Mfg. Facility in Ireland". Contract Pharma. 2020-03-11. Retrieved 2020-12-06.
- "WuXi Vaccines inks $3B manufacturing deal with 'global vaccine leader'". BioPharmaDive. 2020-02-21. Retrieved 2020-12-06.
- "WuXi Biologics clinches deal to build first U.S. facility at Boston area hub". FiercePharma. 2020-05-19. Retrieved 2020-12-06.
- "WuXi Biologics expands US presence with 6,000L NJ plant". BioProcessIntl. 2020-06-10. Retrieved 2020-12-06.
- "Exclusive: Fast-growing biotech firm takes King of Prussia space, plans 100 new jobs". Philadelphia Business Journal. 2020-05-05. Retrieved 2020-12-23.