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WuXi NextCODE Raises $75 Million for Genomics Operations

publication date: May 2, 2017
WuXi NextCODE, the contract genomics arm of the WuXi AppTec Group, closed a $75 million Series B financing from the company's existing investors and partners. WuXi AppTec acquired NextCODE, which used the largely homogenous genomic profile of Iceland as a base, in early 2015 for $65 million. WuXi said the B round financing will underwrite consumer products in China. WuXi NextCODE has operations in Shanghai, Cambridge, Mass. and Reykjavik, Iceland. More details....

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