SHANGHAI, Feb. 25, 2025 /PRNewswire/ -- WuXi XDC Cayman Inc. ("WuXi XDC", or the "Company", stock code: 2268.HK), a leading global CRDMO (Contract Research, Development, and Manufacturing Organization) specializing in antibody-drug conjugates (ADCs) and other bioconjugates, today announced the signing of an expanded Memorandum of Understanding (MOU) with LigaChem Biosciences, Inc., a leader in the development of innovative ADC therapies targeting cancer and other serious diseases. This new agreement broadens the scope of the ongoing collaboration, further accelerating the development of next generation innovative ADC therapies.
Under the terms of the expanded MOU, WuXi XDC's fully integrated ADC discovery service platform will significantly boost the speed and efficiency of LigaChem's ADC development programs. With WuXi XDC's cutting-edge technologies and extensive expertise, LigaChem will be well-positioned to seamlessly advance its ADC candidates from discovery through to development stages, ensuring a more streamlined and efficient process at every stage.
Furthermore, LigaChem will utilize WuXi XDC's fully integrated ADC development and manufacturing platform to support multiple ADC projects. This strategic expansion of the partnership strengthens both companies' shared mission to develop and deliver innovative ADC therapies that address critical unmet patients needs.
"We are excited to expand our partnership with WuXi XDC," stated Dr. Yong-Zu Kim, CEO and President of LCB, " WuXi XDC's expertise and comprehensive service offerings are crucial to the success of our ADC programs. This expanded partnership enables us to leverage their end-to-end capabilities, accelerating the development of next-generation ADC therapies to address the needs of patients."
Dr.Jimmy Li, CEO of WuXi XDC commented: "Today's expanded collaboration with LigaChem underscores the strength of our long-standing partnership. By leveraging our integrated service platforms across discovery, development, and manufacturing, LigaChem will be able to accelerate the development of their promising ADC candidates and streamline the development and manufacturing of their ADC projects. This collaboration reaffirms our ongoing commitment to helping our clients bring innovative therapies to market faster and more efficiently."
This expanded MOU builds on the initial collaboration between WuXi XDC and LigaChem, which began in 2021. Since then, both companies have made significant strides in advancing the innovation of ADCs and bioconjugates. This new agreement further solidifies the shared vision of advancing the next wave of innovation in the ADC field, poised to deliver meaningful benefits to patients worldwide.
About LigaChem Biosciences
LigaChem Biosciences is dedicated to the discovery and development of innovative therapies that leverage the power of antibody-drug conjugates to treat cancer and other serious diseases. Our mission is to improve the quality of life for patients by providing effective and targeted treatment options. For more information, please visit www.ligachembio.com
About WuXi XDC
WuXi XDC Cayman Inc. ("WuXi XDC", stock code: 2268.HK) is a leading global CRDMO focused on antibody drug conjugates (ADC) and the broader bioconjugate market. It provides end-to-end contract research, development and manufacturing services for bioconjugates, including ADCs. Its services cover antibody intermediates and other biologics intermediates, chemical payloads and linkers, as well as bioconjugate drug substances and drug products. For more information about WuXi XDC, please visit: wuxixdc.com
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
WuXi XDC and LigaChem Biosciences Strengthen Partnership with Expanded MOU to Accelerate ADC Development
- All-new PALISADE honored by the North American Car, Utility and Truck of the Year (NACTOY) jury, one of the most respected independent automotive accolades
- Flagship three-row SUV praised for its hybrid and ICE powertrain lineup, class-above interior space, and advanced safety and convenience technologies
- NACTOY awards judged by 50 leading automotive journalists from the U.S. and Canada, following extensive real-world evaluation
SEOUL, South Korea and DETROIT, Jan. 15, 2026 /PRNewswire/ -- The all-new Hyundai PALISADE has been named the 2026 North American Utility Vehicle of the Year™ by the North American Car, Utility and Truck of the Year (NACTOY) jury, reaffirming Hyundai Motor's leadership in delivering family-focused SUVs with premium quality, advanced technology and everyday usability.
The NACTOY awards are determined by a jury of 50 independent automotive journalists from the U.S. and Canada, representing print, digital, television, radio and social media. Vehicles are evaluated through an extensive process, including long-term driving, comparative testing, and detailed assessments of design, performance, innovation, safety and value.
As Hyundai Motor's flagship three-row SUV, the all-new PALISADE was recognized for its broad and versatile powertrain lineup, including an efficient next-generation hybrid option alongside proven internal combustion engines. It also stood out for its spacious, premium interior, intuitive technology and comprehensive suite of family-oriented safety and convenience features.
"Palisade represents everything we strive to deliver at Hyundai — beautiful design, advanced technology, exceptional safety, and real value for families. To be recognized by 50 of North America's most respected automotive journalists as the best utility vehicle of the year is a tremendous honor. Thank you to our teams who made this possible, to our dealers who bring Palisade to life for customers every day, and to the NACTOY jury for this recognition." – José Muñoz, President and CEO, Hyundai Motor Company
"Hyundai PALISADE defines the family vehicle for the 21st century. It's spacious, fun to drive and has a lot of technology. Congratulations on this impressive win." – Jeff Gilbert, NACTOY President
Founded in 1994, NACTOY is the longest-running new-vehicle awards program not affiliated with a single media outlet. Its independence, rigorous evaluation process, and diverse jury make the awards among the most credible and prestigious honors in the global automotive industry.
More information about Hyundai Motor and its products can be found at: https://www.hyundai.com/worldwide/en/ or Newsroom: Media Hub by Hyundai
SEOUL, South Korea and DETROIT, Jan. 15, 2026 /PRNewswire/ -- The all-new Hyundai PALISADE has been named the 2026 North American Utility Vehicle of the Year™ by the North American Car, Utility and Truck of the Year (NACTOY) jury, reaffirming Hyundai Motor's leadership in delivering family-focused SUVs with premium quality, advanced technology and everyday usability.
The NACTOY awards are determined by a jury of 50 independent automotive journalists from the U.S. and Canada, representing print, digital, television, radio and social media. Vehicles are evaluated through an extensive process, including long-term driving, comparative testing, and detailed assessments of design, performance, innovation, safety and value.
As Hyundai Motor's flagship three-row SUV, the all-new PALISADE was recognized for its broad and versatile powertrain lineup, including an efficient next-generation hybrid option alongside proven internal combustion engines. It also stood out for its spacious, premium interior, intuitive technology and comprehensive suite of family-oriented safety and convenience features.
"Palisade represents everything we strive to deliver at Hyundai — beautiful design, advanced technology, exceptional safety, and real value for families. To be recognized by 50 of North America's most respected automotive journalists as the best utility vehicle of the year is a tremendous honor. Thank you to our teams who made this possible, to our dealers who bring Palisade to life for customers every day, and to the NACTOY jury for this recognition." – José Muñoz, President and CEO, Hyundai Motor Company
"Hyundai PALISADE defines the family vehicle for the 21st century. It's spacious, fun to drive and has a lot of technology. Congratulations on this impressive win." – Jeff Gilbert, NACTOY President
Founded in 1994, NACTOY is the longest-running new-vehicle awards program not affiliated with a single media outlet. Its independence, rigorous evaluation process, and diverse jury make the awards among the most credible and prestigious honors in the global automotive industry.
More information about Hyundai Motor and its products can be found at: https://www.hyundai.com/worldwide/en/ or Newsroom: Media Hub by Hyundai
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Hyundai PALISADE Crowned 2026 North American Utility Vehicle of the Year
