WuXi Biologics (Cayman) (OTCMKTS:WXXWY) Shares Gap Up – Here’s Why

Shares of WuXi Biologics (Cayman) Inc. (OTCMKTS:WXXWYGet Free Report) gapped up before the market opened on Monday . The stock had previously closed at $8.23, but opened at $8.74. WuXi Biologics (Cayman) shares last traded at $8.74, with a volume of 358 shares traded.

WuXi Biologics (Cayman) Trading Down 0.9%

The firm’s fifty day moving average is $8.74 and its 200 day moving average is $8.99.

WuXi Biologics (Cayman) Company Profile

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WuXi Biologics (Cayman) Inc, trading OTC as WXXWY, is a global contract research, development and manufacturing organization (CDMO) specializing in biologics. Founded as a spin-out from WuXi AppTec and incorporated in the Cayman Islands in 2017, the company offers end-to-end support across the biologics value chain. Its service portfolio encompasses discovery biology, analytical development, process chemistry and large-scale manufacturing for therapeutic proteins and antibodies.

The firm’s core offerings include the development of monoclonal antibodies, recombinant proteins and cell and gene therapy vectors.

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