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WuXi Biologics and WuXi STA, the drug making arm of WuXi AppTec, have formed a joint venture to provide contract production of antibody-drug conjugates (ADCs) and other bioconjugates. WuXi Biologics, which was once part of WuXi AppTec, will invest $120 million in the venture, called WuXi XDC. WuXi STA will invest $80 million. The venture will provide development and manufacture of antibodies, chemical payloads and linkers, and finished conjugated drugs.
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