We are pleased to announce WuXi AppTec’s listing of approximately 116 million H-shares on the Main Board of the Hong Kong Stock Exchange. Based on the offer price of HK$68 per share, the net proceeds to be received by the Company are about HK$7,553 million (assuming the Over-allotment Option is not exercised). The Hong Kong IPO will be used to enhance the Company’s capability and capacity worldwide. This could include acquiring CROs and CDMO/CMOs, developing cutting-edge technologies, fostering a healthcare ecosystem, boosting working capital, and repaying bank loans.

The listing also marks a significant milestone in WuXi AppTec’s efforts to strengthen its open-access enabling capability and technology platform – including harnessing data and technologies – to enable scientists, entrepreneurs, doctors, and patients to participate in innovation. This networked healthcare ecosystem is vital for expediting the development of pharmaceutical and healthcare products to treat patients globally.

Official Press Release