On October 28, WUXI BIO rose 3.09% in Regular Trading, trading at HK$46.06, with turnover of HK$184 million.
The move was supported by continued positive market reaction to the company’s earlier disclosure that its Wuxi Mashan site passed an unannounced US FDA GMP on-site inspection with no major or critical findings.
The site is described as the first biologics manufacturing facility in China approved by both the FDA and EMA for commercial production, covering the full production system for multiple biologic drugs already approved in the US. The development reinforced confidence in WUXI BIO’s quality-control and commercial manufacturing capabilities. Broader strength in Life Sciences Tools & Services names, including WUXI APPTEC and WUXI XDC, also provided support to the share price.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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