Divestiture • Life Science

WuXi Biologics Acquires Pfizer - Biologics DS and DP Manufacturing Facilities

On March 17, 2021, WuXi Biologics acquired life science company Pfizer - Biologics DS and DP Manufacturing Facilities from Pfizer

Acquisition Context
  • This is WuXi Biologics’ 1st transaction in the Life Science sector.
  • This is WuXi Biologics’ 1st transaction in China.

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M&A Deal Summary

Date March 17, 2021
Target Pfizer - Biologics DS and DP Manufacturing Facilities
Sector Life Science
Buyer(s) WuXi Biologics
Sellers(s) Pfizer
Deal Type Divestiture

Target Company

Pfizer - Biologics DS and DP Manufacturing Facilities

Hangzhou, China
Pfizer's Biologics DS and DP Manufacturing Facilities is a provider of open-access biologics technology platforms. Pfizer'Biologics DS and DP Manufacturing Facilities are based in Hangzhou, China.
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Buyer Overview 1

Buyer

WuXi Biologics

Wuxi, China

Category Company
Founded 2014
Sector Life Science
Employees12,552
Revenue 18.7B CNY (2024)
DESCRIPTION

WuXi Biologics is an open-access biologics technology platform offering end-to-end solutions to empower organizations to discover, develop, and manufacture biologics from concept to commercial manufacturing. WuXi Biologics was founded in 2014 and is based in Wuxi, China.


Deal Context for Buyer #
Overall 1 of 3
Sector: Life Science 1 of 3
Type: Divestiture 1 of 2
Country: China 1 of 3
Year: 2021 1 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-07 CMAB Biopharma

Suzhou, China

CMAB Biopharma is a full-service contract development and manufacturing organization (CDMO) dedicated to providing process development and manufacturing services for biologic products. The company provides bespoke development manufacturing services of antibodies and biologics for clients in China and across the globe. Its adaptable, service-oriented business enables clients to take their innovative concepts for tomorrow’s medicines from DNA to clinical products today. CMAB Biopharma was formed in 2017 and is based in Suzhou, China.

Buy -

Seller Profile 1

SELLER

Pfizer

New York, New York, United States

Category Company
Founded 1849
Sector Life Science
Employees81,000
Revenue 63.6B USD (2024)
DESCRIPTION
Pfizer office in Lake Forest, Illinois.
Pfizer office in Lake Forest, Illinois.

Pfizer is a global pharmaceutical company that is involved in the discovery, development, manufacture, and marketing of a wide range of healthcare products, including medicines and vaccines. The company's portfolio includes treatments across a broad spectrum of areas such as oncology, cardiology, neurology, and infectious diseases, among others. Pfizer was founded in 1849 and is based in New York, New York.


Deal Context for Seller #
Overall 17 of 19
Sector: Life Science 12 of 14
Type: Divestiture 14 of 15
Country: China 1 of 1
Year: 2021 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-22 Arixa Pharmaceuticals

Palo Alto, California, United States

Arixa Pharmaceuticals, Inc. develops oral antibiotics for antibiotic-resistant Gram-negative infections. Arixa Pharmaceuticals is based in Palo Alto, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-28 Amplyx

San Diego, California, United States

Amplyx is a provider in the development of therapies for debilitating and life-threatening diseases that affect people with compromised immune systems. Amplyx’s lead compound, Fosmanogepix (APX001), is a novel investigational asset under development for the treatment of invasive fungal infections. Amplyx was founded in 2006 and is based in San Diego, California.

Buy -

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