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WuXi, Merck and Biologics
WuXi Biologics to Sell Irish Vaccine Facility to Merck for $500 Million
WuXi Biologics’ move to sell the facility could strengthen the company’s cash flow and margins as it navigates global uncertainties.
MSD acquires WuXi's vaccine facility in Dundalk for €500m
The Dundalk site was WuXi's first manufacturing investment in Europe and the company’s first investment of this scale outside of China
In €500M deal, Merck buys Ireland vaccines plant from CDMO WuXi Biologics
In Ireland, WuXi Biologics has sold a new vaccines plant to Merck & Co. for €500 million ($521 million). The New Jersey company was a natural buyer of the facility as it was the lone client WuXi Biologics served at the site in Dundalk, executing a 20-year contract to produce vaccines worth $150 million annually.
Merck Snaps Up WuXi Biologics Facility in Ireland for $500M
The acquisition from Wuxi Biologics, the embattled CDMO named in the BIOSECURE Act, marks another expansion of Merck’s manufacturing operations in Ireland.
WuXi Biologics to Sell Vaccine Facility in Ireland to Merck for $500M
WuXi Biologics plans to sell its vaccine facility in Dundalk, Ireland to Merck & Co. for approximately $500 million. This comes as U.S. legislation aims to restrict WuXi Biologics business in the U.S. WuXi Biologics provided services for Merck at the site in Dundalk under a long-term contract to produce vaccines.
China's WuXi Biologics to sell Irish vaccine facility to Merck for €500m
China's WuXi Biologics has confirmed it will sell its vaccine facility in Ireland to US drugmaker Merck & Co for about €500 million. The WuXi Biologics facility is located in Dundalk, Co Louth, in the IDA Science and Technology Park.
WuXi Bio to Sell Vaccine Facility to Merck for $500 Million
WuXi Biologics Cayman Inc. will sell a vaccine facility in Ireland to Merck & Co. for about $500 million as the Chinese company seeks to enhance its margins while continuing to navigate geopolitical tensions.
China’s WuXi Biologics to sell vaccine facility to Merck for US$500 million
WUXI Biologics Cayman will sell a vaccine facility in Ireland to Merck for about US$500 million as the Chinese company seeks to enhance its margins while continuing to navigate geopolitical tensions.
Dundalk Democrat
21h
Wuxi employees make generous donation to St Vincent De Paul Dundalk
WuXi Biologics employees have once again exemplified their deep-rooted commitment to the local community, delivering ...
4d
Drug giant MSD buys Wuxi’s Irish vaccines plant in €500m deal
US pharmaceutical group adds eighth Irish manufacturing site to its network as it promises to deliver 1,000 jobs this year ...
GEN
2d
Candid Therapeutics Enters into Agreement with WuXi Biologics on Trispecific T-Cell Engager
WuXi upgraded its WuXiBody platform in bispecific antibody discovery to address the growing global demand for these complex ...
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