Pharmaceutical Business review

WuXi acquires Abgent

Following the deal, Abgent would bring new product lines of biological research reagents for drug discovery and basic research to WuXi.

Abgent utilizes production facilities consisting of a 34,000 square-foot laboratory in Suzhou and a 10,000 square-foot laboratory and office in San Diego.

Abgent is known for manufacturing antibody reagents for research use and maintains a catalog of about 20,000 antibody products.

The financial terms of the deal, however, have not been disclosed.