ASX-Dividend-Report-Banner

WuXi XDC Named Best CDMO Winner at 2023 World ADC Awards

October 20, 2023 07:00 PM AEDT | By Cision
Follow us on Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp
 WuXi XDC Named Best CDMO Winner at 2023 World ADC Awards
Image source: Kalkine Media

SHANGHAI, Oct. 20, 2023 /PRNewswire/ -- WuXi XDC, a leading global Contract, Resea­­rch, Development, and Manufacturing Organization (CRDMO) focused on the ADC and broader bioconjugate market, announced it has been named the winner of the "Best Contract Development Manufacturing Organization (CDMO)" prize at the 2023 World ADC Awards. The award is a reflection of the company's continual enhancement of its industry-leading technology platform and one-stop, end-to-end services. Last year, WuXi XDC received the "Best CMO Runner-Up" award.


As the most influential award in the global ADC (antibody drug conjugate) field, the World ADC Awards recognize trailblazers that are committed to pioneering innovation, making outstanding contributions to long-term development across the ADC field, and bringing more innovative therapeutic solutions to patients around the world. WuXi XDC emerged the final winner in the "BEST CDMO" category from the nominee short list of six global CDMO companies.

Dr. Jimmy Li, CEO of WuXi XDC, commented, "We are delighted to receive this award and appreciate the recognition from our customers  and the global ADC industry by virtue of the continual strengthening of our platform, the expansion of our end-to-end services and innovation capabilities, and the impact across the ADC market. This award reflects the dedication and commitment of all employees of WuXi XDC, and highlights the company's high quality service of 100+ ADC programs globally. Looking forward, we will continue our efforts to strengthen and evolve the ADC development platform, and expand the global supply chain. By offering end-to-end services – from concept to commercial production – we are enabling the bioconjugate industry to accelerate the pace of development and bring more innovative drugs to patients worldwide."

In recent years, the ADC and broader bioconjugate market has developed rapidly with expanding prospects for improving public health. However, compared with other drugs, ADCs are characterized by high difficulty and complexity at every step – from discovery to development to commercial production. Since its inception, WuXi XDC has built an industry-leading, highly comprehensive, integrated technology platform that serves ADCs and other bioconjugates, with multidisciplinary capabilities and end-to-end production, enabling customers to accelerate pipeline development processes, reduce costs, increase research and development efficiency, and improve success rates. Driven by self-development and broad collaboration, WuXi XDC has continually strengthened its integrated, one-stop platform and, as a result, has been able to significantly reduce the ADC development timeline – taking only 13 to 15 months to go from antibody DNA sequence to Investigational New Drug (IND) filing, nearly cutting in half the traditional industry timeline.

In addition, WuXi XDC provides comprehensive one-stop GMP manufacturing services for ADCs and other bioconjugates at both the clinical and commercial stages. The Company continues to expand its end-to-end GMP manufacturing services – including monoclonal antibody intermediates, payload/linkers, and bioconjugate drug substances and drug products – demonstrating its commitment to meeting the growing demand of global customers. The recently launched new commercial facility in Wuxi, China has further increased WuXi XDC's production capacity – up to 2,000 liters for bioconjugate drug substances and 5 million vials for bioconjugate drug products. 

About WuXi XDC

WuXi XDC is a leading global CRDMO focused on the ADC and broader bioconjugate market. A joint venture between WuXi Biologics and WuXi STA, the company provides end-to-end contract research, development and manufacturing services for bioconjugates, including antibody drug conjugates (ADCs). Its services cover antibody intermediates and other biologics intermediates, chemical payloads and linkers, as well as bioconjugate drug substances and drug products. WuXi XDC has been successful in bringing multiple ADC projects to the Investigational New Drug (IND) filing stage in 15 months or less, nearly cutting in half the traditional development timeline. As of June 2023, 110 on-going integrated projects are under development at WuXi XDC, including 47 post-IND bioconjugate projects, among which 16 projects are in phase II/III. For more information about WuXi XDC, please visit: www.wuxixdc.com

Contacts 

Media 
[email protected] 

Business
[email protected] 

 


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

AU_advertise

Advertise your brand on Kalkine Media

Recent Articles

Investing Tips

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.