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Shares of WuXi Biologics (Cayman) Inc. (OTCMKTS:WXXWY – Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $8.5520, but opened at $8.00. WuXi Biologics (Cayman) shares last traded at $8.20, with a volume of 1,219 shares.
WuXi Biologics (Cayman) Trading Up 4.2%
The business has a 50-day moving average price of $8.66 and a 200-day moving average price of $8.95.
WuXi Biologics (Cayman) Company Profile
WuXi Biologics (Cayman) Inc, trading OTC as WXXWY, is a global contract research, development and manufacturing organization (CDMO) specializing in biologics. Founded as a spin-out from WuXi AppTec and incorporated in the Cayman Islands in 2017, the company offers end-to-end support across the biologics value chain. Its service portfolio encompasses discovery biology, analytical development, process chemistry and large-scale manufacturing for therapeutic proteins and antibodies.
The firm’s core offerings include the development of monoclonal antibodies, recombinant proteins and cell and gene therapy vectors.
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