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"China's WuXi to sell Advanced Therapies unit to US private equity firm"
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"WuXi AppTec, a Chinese biopharmaceutical company, has announced the sale of its cell and gene therapy manufacturing unit, WuXi Advanced Therapies, to Altaris LLC, a US-based private equity firm. The deal was signed by WuXi AppTec's subsidiaries and the terms of the sale were not disclosed. The sale is expected to strengthen WuXi AppTec's focus on its core business and expand its global presence."
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