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

WuXi Biologics (Cayman) Inc. (OTCMKTS:WXXWY)’s share price gapped up prior to trading on Monday . The stock had previously closed at $9.47, but opened at $9.85. WuXi Biologics (Cayman) shares last traded at $9.60, with a volume of 36,100 shares.

WuXi Biologics (Cayman) Stock Down 2.7%

The stock has a fifty day moving average of $8.43 and a 200-day moving average of $8.98.

WuXi Biologics (Cayman) Company Profile

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.