WuXi PharmaTech (WX) Enters $46/ADS Merger Agreement
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Wuxi Pharmatech Enters Into Definitive Merger Agreement
August 14, 2015 4:00 AM EDTSHANGHAI, Aug. 14, 2015 /PRNewswire/ -- WuXi PharmaTech (Cayman) Inc. ("WuXi" or the "Company") (NYSE: WX), a leading open-access R&D capability and technology platform company serving the pharmaceutical, biotechnology, and medical device industries with operations in China and the United States, today announced that it has entered into a definitive Agreement and Plan of Merger (the "Merger Agreement") with New WuXi Life Science Limited ("Parent") and WuXi Merger Limited ("Merger Sub"), a wholly owned subsidiary of Parent.
Pursuant to the Merger Agreement, Parent will acquire the Company for cash... More
WuXi PharmaTech Announces Second-Quarter 2015 Results
August 13, 2015 4:30 PM EDTSHANGHAI, Aug. 13, 2015 /PRNewswire/ -- WuXi PharmaTech (Cayman) Inc.("WuXi") (NYSE: WX), a leading open-access R&D capability and technology platform company serving the pharmaceutical, biotechnology, and medical device industries, with operations in China and the United States, today announced its financial results for the second quarter of 2015.Â
Second-Quarter 2015 Highlights
Net Revenues Increased 18.8% Year Over Year to $194.1 Million Net Revenues for Laboratory Services Grew 17.9% Year Over Year to $123.5 Million Net Revenues for Small-Molecule Manufacturing Services Increased 10.0% Year Over Year to $45.9 Million Net... More