HONG KONG, Aug. 29, 2018 /PRNewswire/ -- WuXi Biologics (2269.HK), a leading global open-access biologics technology platformcompany offering end-to-end solutions for biologics discovery, development and manufacturing, announced that the company has been selected by Hang Seng Indexes as a constituent of the Hang Seng HK 35 Index ("HSHK35") effective 10
Hang Seng HK 35 comprises the 35 largest companies listed in Hong Kong market which derive the majority of their sales revenue from areas outside mainland China. The Hang Seng HK 35 provides a tradable index reflecting the performance of large-cap Hong Kong companies and it features low volatility which is the best choice for diversification.
WuXi Biologics' inclusion in HSHK35 signifies that our company is recognized as a global company by the market. Besides China, WuXi Biologics has recently announced plans to execute our globalization strategy to build state-of-the-art manufacturing facilities in Ireland, Singapore and the U.S. WuXi Biologics will continue to focus on expanding our capabilities and capacities to enable our customers to transform biologics discovery, development and manufacturing to benefit patients worldwide.
Prior to joining the Hang Seng HK 35, WuXi Biologics was selected into Hang Seng Composite Index, Hang Seng Healthcare Index and Hang Seng Global Composite Index in September 2017, and was selected into Hang Seng Stock Connect Hong Kong Index, Hang Seng Stock Connect Hong Kong MidCap & SmallCap Index, Hang Seng SCHK HK Companies Index and Hang Seng SCHK ex-AH Companies Index in March 2018.
About WuXi Biologics
WuXi Biologics, a Hong Kong-listed company, is the only open-access biologics technology platform in the world offering end-to-end solutions to empower organizations to discover, develop and manufacture biologics from concept to commercial manufacturing. Our company history and achievements demonstrate our commitment to providing a truly ONE-stop service offering and value proposition to our global clients. As of June 30, 2018, there were a total of 187 integrated projects, including 98 projects in pre-clinical development stage, 78 projects in early-phase (phase I and II) clinical development, 10 projects in late-phase (phase III) development and 1 project in commercial manufacturing. With total estimated capacity of biopharmaceutical production planned in China, Ireland, Singapore and US reaching 220,000 liters by 2021, we will provide our biomanufacturing partners with a robust and premier-quality global supply chain network. For more information on WuXi Biologics, please visit www.wuxibiologics.com.
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SOURCE WuXi Biologics
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