Chinese diagnostics firm WuXi Diagnostics raises $150m in Series B round

Chinese diagnostics firm WuXi Diagnostics raises $150m in Series B round

WuXi Diagnostics has developed a series of COVID-19 detection products. Source: WuXi Diagnostics

Chinese integrated diagnostics developer WuXi Diagnostics has raised $150 million in a Series B round of financing to advance its R&D pipeline and open-access innovation enabling platform, as the firm seeks to accelerate its market penetration in the global diagnostics sector.