On July 29, 2020, WuXi AppTec Co., Ltd. (WuXi AppTec) completed its placing of an aggregate of 68,205,400 placing shares (through Morgan Stanley, Huatai, Goldman Sachs and J.P. Morgan as the placing agents) to not less than six placees at the placing price of HK$108.0 per share. The aggregate gross proceeds from the placing is approximately HK$7.37 billion.
WuXi AppTec is a leading global pharmaceutical R&D services platform transforming the business of discovery, development, and manufacturing of innovative pharmaceuticals.
Wilson Sonsini Goodrich & Rosati acted as WuXi AppTec’s counsel in the placing. The Wilson Sonsini team was led by Weiheng Chen and included Myra Sutanto Shen, Ke Li, and Billy Yiu.