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WuXi AppTec - About the company

WuXi AppTec is a public company based in Shanghai (China), founded in 2000. It operates as a Provider of CRO and CDMO services. WuXi AppTec has raised $40M in funding. The company has 834 active competitors, including 49 funded and 104 that have exited. Its top competitors include companies like Eurofins Scientific, Ipsen and Avania.

Company Details

WuXi AppTec is a provider of a suite of CRO and CDMO services for small molecules, biologics, and medical devices. It offers a suite of services for the research, development, and manufacturing of both small molecules and biologics and also caters to medical device development and has operations all over the globe. They provide a broad and integrated portfolio of laboratory and manufacturing services throughout the drug and medical device R&D process. The company built its initial capabilities around discovery chemistry and has further enhanced the integrated services with analytical services, bio-analytical services, process research, process development services, API manufacturing services, DMPK/ADME, discovery biology, pharmacology, formulation, toxicology, genomic services, biologics manufacturing services, antibody, and biological research reagent manufacturing and sales, and most recently clinical research and regulatory services. In 2022, the company recorded annual revenues of $5.84B and a net profit of $1.31B.
Website
Social
Key Metrics
Founded Year
2000
Location
Shanghai, China
Stage
Public
Total Funding
in 5 rounds
Latest Funding Round
Investors
Ranked
Annual Revenue
as on Dec 31, 2023
Employee Count
as on Dec 31, 2022
Investment & Acquisitions
Similar Companies
Exit Details
Public

Legal entities associated with WuXi AppTec

WuXi AppTec is associated with 2 legal entities given below:
Legal Entity Name
Date of incorporation
Revenue
Net Profit
Employee Count
Jan 16, 2011
$8.27M (as on Dec 31, 2023)
290
694
Dec 31, 1999
-
352
857
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WuXi AppTec's funding and investors

WuXi AppTec has raised a total funding of $40M over 5 rounds. Its first funding round was on Feb 2007. Its latest funding round was a Post IPO round on Apr 02, 2021 for $15.9M. 1 investor participated in its latest round, which include Vivo Capital, Warburg Pincus, General Atlantic and Temasek.

WuXi AppTec has 29 institutional investors including , Warburg Pincus and General Atlantic.

Here is the list of recent funding rounds of WuXi AppTec:
Date of funding
Funding Amount
Round Name
Post money valuation
Revenue multiple
Investors
Apr 02, 2021
$15.9M
Post IPO
6284783
9208737
Aug 24, 2020
$951M
Post IPO
4392853
9838570
-
Mar 02, 2016
$1.5B
Conventional Debt
8519935
7566044
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WuXi AppTec's founders and board of directors

WuXi AppTec's employee count trend

WuXi AppTec has 1,681 employees as of Dec 22. The total employee count is the same as what it was in Dec 21. Here is WuXi AppTec's employee count trend over the years:
Employee count trend for WuXi AppTec
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WuXi AppTec's Competitors and alternates

Top competitors of WuXi AppTec include Eurofins Scientific, Ipsen and Avania. Here is the list of Top 10 competitors of WuXi AppTec, ranked by ÃØÃÜÑо¿Ëù score :
Overall Rank
Company Details
Short Description
Total Funding
Investors
ÃØÃÜÑо¿Ëù Score
1st
Logo for WuXi AppTec
2000, Shanghai (China), Public
Provider of CRO and CDMO services
$40M
Vivo Capital, Warburg PincusÌý&²¹³¾±è;Ìý
63/100
2nd
Logo for Eurofins Scientific
Eurofins Scientific
1987, Luxembourg (Luxembourg), Public
Provider of laboratory testing services and CRO contract research services
-
68/100
3rd
Logo for Ipsen
Ipsen
1929, Boulogne billancourt (France), Public
Biopharmaceutical company focused on developing and commercializing innovative treatments in oncology, rare disease, and neuroscience to improve patient health outcomes
-
PAI Partners, Ìý&²¹³¾±è;Ìý
64/100
4th
Logo for Avania
Avania
1988, Brunswick (Australia), Acquired
Provider of regulatory, clinical trials and analytic services
-
Omnes Capital, Crescent Capital GroupÌý&²¹³¾±è;Ìý
63/100
5th
Logo for ANI Pharmaceuticals
ANI Pharmaceuticals
1996, Baudette (United States), Public
Pharmaceutical company developing, manufacturing, and marketing high quality branded and generic prescription drugs
-
First Analysis, JPMorgan ChaseÌý&²¹³¾±è;Ìý
62/100
6th
Logo for Red Nucleus
Red Nucleus
2014, Yardley (United States), Acquired
Provider of advisory, scientific and medical communications for pharmaceutical industry
-
61/100
7th
Logo for Aptar
Aptar
1992, Crystal Lake (United States), Public
Provider of regulatory support, brand differentiation, and prototyping services
-
59/100
8th
Logo for CHEPLAPHARM
CHEPLAPHARM
1998, Mesekenhagen (Germany), Late Stage
Pharmaceutical company that specializes in the development, marketing, and distribution of branded pharmaceutical products
$547M
Deutsche Bank, GICÌý&²¹³¾±è;Ìý
58/100
9th
Logo for China Medical System
China Medical System
1992, Shenzhen (China), Public
Manufacturer of generic formulations
-
57/100
10th
Logo for NightHawk Biosciences
NightHawk Biosciences
2008, Morrisville (United States), Public
Fully integrated biopharmaceutical company
-
56/100
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WuXi AppTec's Investments and acquisitions

WuXi AppTec has made 39 investments in companies including D3 Bio and Structure. WuXi AppTec has also acquired 10 companies including OXGENE and Mingjie Pharmaceutical. Here is the list of investments & acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Apr 08, 2024
Investments
2018
Shanghai, China
Oct 20, 2021
Investments
2017
San Francisco, United States
Jun 03, 2021
Investments
2016
Pudong, China
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See all investments and acquisitions by WuXi AppTec

Reports related to WuXi AppTec

Here is the latest report on WuXi AppTec's sector:
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News related to WuXi AppTec

Media has covered WuXi AppTec for a total of 39 events in the last 1 year, 7 of them have been about company updates and 1 about partnerships.
•
lejucaijing.com•Apr 09, 2025•WuXi AppTec
•
Seeking Alpha•Mar 18, 2025•WuXi AppTec
•
EndPoints News•Mar 18, 2025•WuXi AppTec
•
DOTmed•Mar 07, 2025•, WuXi AppTec
•
intelligence360•Feb 17, 2025•WuXi AppTec
•
Global Legal Chronicle•Jan 21, 2025•, WuXi AppTec
•
Business Wire•Jan 17, 2025•, WuXi AppTec
•
Financial Post•Jan 17, 2025•WuXi AppTec,
•
Mining Stock Education•Jan 13, 2025•WuXi AppTec
•
Seeking Alpha•Dec 24, 2024•WuXi AppTec, Advanced Therapies, Altaris
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Frequently asked questions about WuXi AppTec

When was WuXi AppTec founded?
WuXi AppTec was founded in 2000.
Where is WuXi AppTec located?
WuXi AppTec is located in Shanghai, China.
When was the latest funding round of WuXi AppTec?
WuXi AppTec's latest funding round was on Apr 02, 2021.
What is the annual revenue of WuXi AppTec?
Annual revenue of WuXi AppTec is £6.65²Ñ as on Dec 31, 2023.
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