WuXi Biologics (Cayman) Inc

02269: XHKG (HKG)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	HK$99.50	Npyxqz	Fqybxqv

WuXi Biologics: Project Addition Is a Key Indicator to Follow in the Upcoming Earnings

Yurou Zheng

Jul 25, 2024

In WuXi Biologics’ upcoming earnings, we think the most important update to watch out for is project addition because we believe it reflects potential concerns over the acceptance of WuXi Bio by the global biotech and biopharma industry given the likely impending implementation of the Biosecure Act. Of note are the contract-developing projects in the early stages, potentially having at least 10 years to run until the end of commercial manufacturing.

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