Tar ⚡ Profile picture
14 Jun, 4 tweets, 2 min read
Wuxi Biologics Revenue (in CNY)
2017: 1.6 Billion
2018: 2.5 Billion
2019: 4 Billion
2020: 5.6 Billion

Has a backlog of orders worth USD 11 Billion+
Various stages and potential revenue in each stage for a CDMO
Even after increasing their capacity at a rapid pace, Wuxi still has a backlog which is growing at 50% per year.

Imagine the demand for a Biologics CDMO in the industry.

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