WuXi AppTec to raise $500 million in convertible bond sale
WuXi AppTec to raise $500 million in convertible bond sale as US restrictions loom
China's WuXi AppTec will raise $500 million in a convertible bond sale, according to a regulatory filing on Tuesday, a month after the U.S. House passed rules to restrict business with the firm on national security grounds.
WuXi AppTec Falls 17% After $500 Million Convertible Bond Sale
WuXi AppTec Co.’s shares had their worst day in seven months, after the company sold a $500 million convertible bond the day before a stark shift in risk appetite for Chinese stocks.
China’s WuXi explores sale of pharma units as US restrictions loom
Drugmakers have been targeted on national security grounds and could lose customers if Congress passes Biosecure Act
China's WuXi explores sale of pharma operations as US restrictions loom, FT reports
(Reuters) -WuXi AppTec and WuXi Biologics are planning to sell some of their operations after the Chinese biotech companies were targeted by the U.S. on national security grounds, the Financial Times reported on Thursday.
China’s WuXi AppTec to raise US$500 million in convertible bond sale as US restrictions loom
CHINA’S WuXi AppTec will raise US$500 million in a convertible bond sale, according to a regulatory filing on Tuesday (Oct 8), a month after the US passed rules to restrict business with the firm on national security grounds.
WuXi AppTec Shares Fall on $500M Convertible Bond Offering
Shares of the Hong Kong-based WuXi AppTec Co. ($HK:2359) fell sharply by over 13% as of writing after the company announced a $500 million
BioSpace1d
WuXi Biologics Faces Uncertain Future in the U.S. After BIOSECURE Blow
WuXi AppTec looks to unload its Philadelphia manufacturing sites and WuXi Biologics slows its rapid expansion in the U.S. as ...
STAT5d
WuXi looks to sell assets as BIOSECURE Act looms
Ahead of the BIOSECURE Act, WuXi AppTec is in talks to sell its Philadelphia-based cell and gene therapy unit, and WuXi ...
WuXi AppTec’s Upbeat Business Update Despite US Bill Boosts Stock
WuXi AppTec Co. reported a surge in orders for drug development and manufacturing amid a push by US lawmakers for global ...
ENDPOINTS NEWS5d
WuXi com­pa­nies may sell units im­pact­ed by Biose­cure — re­port
WuXi AppTec and WuXi Biologics are reportedly looking to sell part of their operations that have struggled because of ...
WuXi AppTec Raises $500 Million Through Convertible Bond Sale
WuXi AppTec Co. is raising $500 million through the sale of convertible bonds, becoming the latest Chinese company to turn to ...
WuXi AppTec, WuXi Biologics surge in Hong Kong as biotech firms put some operations for sale
The gains were made on the back of a report that said the two firms plan to sell certain overseas operations amid heightened ...
WuXi Companies' Shares Surge on Report of Potential Asset Sales
WuXi AppTec and Wuxi Biologics have denied posing a security risk to the U.S. and associations with the People's Liberation Army in China. The bill will move onto the Senate floor before it can be ...
StringersHub on MSN1d
China: Near miss as wind-blown tree falls on cars in Wuxi
Wuxi, China - September 16, 2024 On September 16, 2024, in Wuxi, Jiangsu province, China, a video shared by @YunWangchen ...