VerityRank
WuXi AppTec Co., Ltd.
Manufacturer VerifiedChina

WuXi AppTec Co., Ltd.

WuXi AppTec is the world's leading CRDMO and the dominant producer of TIDES (oligonucleotide and peptide) drug substances. In 2025, WuXi AppTec generated RMB 45.46 billion ($6.35 billion) in revenue with its TIDES business growing 96% year-over-year to RMB 11.37 billion. The company's TIDES manufacturing capacity reached 100,000 liters of solid-phase peptide synthesis capacity, making it the world's largest oligonucleotide and peptide API manufacturer.

Strengths: Dominant market position in oligonucleotide and peptide synthesis serving the gene therapy supply chain; extraordinary 96% TIDES revenue growth; 39,000 employees providing comprehensive CRDMO capabilities; 580 billion RMB backlog ensuring multi-year revenue visibility; massive capacity expansion in Taixing and Singapore.

Weaknesses: Significant exposure to US-China trade tensions through BIOSECURE Act; forced restructuring of US/UK cell therapy assets; customer concerns about supply chain continuity from China-based facilities.
Read More
ChinaFounded 200039,000RMB 45.46BMajor facilities: Shanghai… / 100
Last updated: October 2026·By VerityRank Research Team·Methodology

Listed market data

2 Listings · weeklyHistory →
Market cap
$75.9 B
Share price
HKD 196.20
1Y change
+93.5%
Recent change
+1.0%

10-22 → 10-23

Since first close
+553.4%

from 2018-12

Revenue (TTM)
$7.6 B
HKEX: 02359 · Revenue FY 2026 · updated 2026-10-23Source ↗

Financial history

Full market history
HKD 0$0HKD 63$200 BHKD 125$400 BHKD 188$600 BHKD 250$800 B2025-112025-122026-012026-022026-032026-042026-052026-062026-072026-082026-092026-10
MonthCloseMarket capChange
  • 2026-10HKD 196.20$595 B0.0%
  • 2026-09HKD 196.20$595 B-8.8%
  • 2026-08HKD 215.20$653 B+13.7%
  • 2026-07HKD 189.30$574 B+17.8%
  • 2026-06HKD 160.70$488 B+4.6%
  • 2026-05HKD 153.70$466 B+18.0%
  • 2026-04HKD 130.30$395 B-4.2%
  • 2026-03HKD 136.00$413 B+15.7%
  • 2026-02HKD 117.50$357 B-1.3%
  • 2026-01HKD 119.00$361 B+7.0%
  • 2025-12HKD 111.20$337 B+12.3%
  • 2025-11HKD 99.00$300 B—
Monthly closes · 2025-11 – 2026-10 · Full market history

In the press

All coverage →5 latest headlines2
Headlines aggregated from public feeds. Sentiment tags are keyword-based, not editorial judgement.

Core Business

WuXi AppTec is the world's largest CRDMO (Contract Research, Development and Manufacturing Organization), providing integrated services across small molecules, biologics, and CGT. Its TIDES business (oligonucleotides and peptides) has become the cornerstone of gene therapy API supply, with 2025 revenue of RMB 45.46 billion ($6.35 billion) and TIDES segment growth of 96% year-over-year to RMB 11.37 billion. The company's TIDES manufacturing capacity reached 100,000 liters of solid-phase peptide synthesis capacity in 2025.

Global Presence

Headquartered in Shanghai, WuXi AppTec operates major facilities across China (Shanghai, Suzhou, Changzhou, Taixing, Nanjing), the US, Singapore, and Europe. The company employs approximately 39,000 people globally with an unfulfilled order backlog of RMB 580 billion, ensuring multi-year revenue visibility and customer commitment.

Key Strengths

WuXi AppTec's unparalleled manufacturing scale in TIDES (100,000L+ total reaction volume) and its end-to-end CRDMO platform create an unmatched competitive position. The company's ability to support clients from drug discovery through commercial manufacturing, combined with its dominant position in oligonucleotide supply, makes it an essential partner in the global gene therapy ecosystem. Its massive backlog provides exceptional revenue predictability.

VerityRank Score

WuXi AppTec achieves a VerityRank Score of 88/100, reflecting its dominant TIDES manufacturing capacity, extraordinary growth trajectory, and essential position in the global gene therapy oligonucleotide supply chain.

Quick Facts

Headquarters

Shanghai, China

Founded

2000

Employees

39,000

Revenue

RMB 45.46B ($6.35B, 2025)

Market cap

$75.9 B

Factories

Major facilities: Shanghai, Changzhou, Taixing CN; Singapore; US/Europe. TIDES at 100,000L+ capacity

Presence

30+ countries, 100+ clients

Categories
BiopharmaceuticalAnti-Infective Biologics IndustryAutoimmune & Inflammatory Disease Biologics IndustryDiabetes Biologics IndustryGene & Cell Therapy CompaniesGene & Cell Therapy Manufacturers & SuppliersGrowth & Rare Disease Biologics Industry

Related

Data Sources & Methodology

This corporate profile is compiled from publicly available sources including company annual reports, SEC/regulatory filings, official press releases, and verified third-party industry databases. Financial figures reflect the most recent fiscal year disclosures and are cross-validated across multiple independent references.

VerityRank Score is calculated using a proprietary multi-dimensional model evaluating market presence, financial strength, operational scale, innovation capacity, and brand influence. Individual dimension scores are normalized against industry peers and updated quarterly.

Disclaimer: This profile is for informational purposes only. VerityRank makes no warranties regarding completeness or timeliness. This content does not constitute investment advice or endorsement.

Key references: Official Website , WuXi AppTec Official Website | WuXi AppTec China Portal | WuXi AppTec — Wikipedia | Fierce Pharma: WuXi TIDES Capacity Analysis