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China's WuXi to sell Advanced Therapies unit to US private equity firm

(Reuters) – China’s WuXi AppTec said on Tuesday its subsidiaries have signed a deal with U.S.-based private equity firm Altaris LLC for the sale of its cell and gene therapy manufacturing unit, WuXi Advanced Therapies, for an undisclosed sum.

(Reporting by Rajasik Mukherjee; Editing by Krishna Chandra Eluri)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibility for its content.

source: https://theprint.in/tech/chinas-wuxi-to-sell-advanced-therapies-unit-to-us-private-equity-firm/2417923/

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