WuXi AppTec posts six-month revenue higher than Lonza for first time

WuXi AppTec, a Chinese contract manufacturing organization, has reported that its revenue over the most recent six-month period exceeded that of Swiss CDMO Lonza for the first time.

The increase comes despite heightened scrutiny from the U.S. Department of Defense, which has been reviewing the company's operations.

The company’s growth suggests it continues to expand its role in the global pharmaceutical manufacturing market, while Lonza’s revenue lag indicates competitive pressure.

No further financial details were disclosed in the brief report.