Mabwell and WuXi XDC Sign Long-Term ADC Strategic Collaboration to Accelerate Global Layout of Innovative Biologics
SHANGHAI,Sept. 8,2023 -- Mabwell (688062.SH),an innovative biopharmaceutical company with entire industry chain,and WuXi XDC,a leading global CRDMO,joint announced that they have signed a LOI for long-term strategic collaboration on Mabwell's multiple ADC projects.
Mabwell has had multiple innovative products in clinical studies or preclinical research by their world-leading ADC technology platforms and CMC development capabilities. WuXi XDC will make further efforts to accelerate global layout of Mabwell's R&D and commercialization,cost reduction and R&D efficiency improvement by their leading antibody-drug conjugate production technology platform and integration capabilities.
About Mabwell
Mabwell (688062.SH) is an innovation-driven biopharmaceutical company with the entire value chain of the pharmaceutical industry. We provide more effective and accessible therapy and innovative medicines to fulfill global medical needs. Since 2017,an advanced R&D system which covers target discovery,early discovery,druggability,preclinical,clinical research and manufacturing transformation was established. Mabwell has 14 pipeline products in different R&D stages based on a world-class and state-of-the-art R&D engine,including 10 novel drug candidates and 4 biosimilars. We focus on the therapeutic areas of oncology,auto-immune diseases,metabolic disorders,ophthalmologic diseases and infectious diseases,etc. Of these,2 products have been approved and commercialized,1 product has been filed for MA approval,1 product is in the preparation of filing,2 products are in pivotal trials. We have also undertaken 1 national major scientific and technological special project for "Significant New Drugs Development",2 projects for National Key R&D Programmes,and several provincial and municipal science and technological innovation projects. Mabwell's Taizhou factory possesses robust in-house manufacturing capability compliant with international GMP standards regulated by the NMPA,FDA and EMA,and has passed the EU QP Audit. The large-scale manufacturing base located in Shanghai is under construction. Our mission is "Explore Life,Benefit Health" and our vision is "Innovation,from ideas to reality". For more information,please visit www.mabwell.com.
Forward-Looking Statements
This press release contains forward-looking statements including,but not limited to,the potential safety,efficacy,regulatory review or approval and commercial success of our product candidates and those relating to the Company's product development,clinical studies,clinical and regulatory milestones and timelines,market opportunity,competitive position,possible or assumed future results of operations,business strategies,potential growth opportunities and other statements that are predictive in nature. "Forward-looking statements" are statements that are not historical facts and involve a number of risks and uncertainties,which may cause actual results to be materially different from any future results expressed or implied in the forward-looking statements. These statements may be identified by the use of forward-looking expressions,including,"expect," "anticipate," "intend," "plan," "believe," "estimate," "potential," "predict," "project," "should," "would," and similar expressions and the negatives of those terms.
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