Chinese biotech firm WuXi AppTec to invest over $30m in CANbridge

Chinese biotech firm WuXi AppTec to invest over $30m in CANbridge

Photo: WuXi AppTec.

WuXi AppTec is planning to invest over $30 million in Beijing-based biopharmaceutical firm CANbridge Pharmaceuticals, as the mainland leading biotech firm ramps up efforts to up stakes in China’s orphan disease treatment market.