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
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YIWU, China, May 23, 2026 /PRNewswire/ -- Yiwugo.com, the official website of the Yiwu Commodity Market, is the largest commodity wholesale market in the world. As International Children's Day on June 1 draws near, data from Yiwugo shows that over the past two months, "toys" has not only topped the platform's list of popular sectors, but has consistently ranked among the top three most-searched keywords and most-viewed categories as well. The stationery sector has also posted a strong performance. Many Yiwugo merchants in related industries said that large numbers of high-quality overseas buyers and cross-border traders are now approaching the final stage of shipment. Yet for Children's Day orders, the peak season actually began as early as January 2026.
Zhang Lijuan, proprietress of INTEX TaoQibao Inflatable Toys, explained that Children's Day coincides with the start of summer in the Northern Hemisphere. INTEX mainly exports inflatable pools, large inflatable toys, framed pools, and related products. Between January and March 2026, many cross-border traders contacted the company via Yiwugo to discuss their annual procurement needs, with shipments rolling out in succession after the Lunar New Year. As a well-known brand, INTEX manufactures all of its products using eco-friendly, non-toxic, and safe materials. Its products are available in a wide range of vibrant colors and sizes, and feature thicker inflatable film with higher gram weight, ensuring greater durability for outdoor use in high-temperature conditions.
According to Zhang, more than a dozen INTEX products have already sold out. Its large water slide playset, a perennial bestseller, has sold tens of thousands of units during this procurement season. Inflatable water riders such as rubber ducks and flamingos have maintained their robust sales performance from previous years. In particular, inquiries from Middle Eastern clients through Yiwugo have translated into substantial purchase volumes. Currently, bulk orders are entering the final stage of shipment, and many products have already arrived at overseas ports, ready to bring summer fun to children around the world.
Zhu Qiaojun has been a fixture in the toy industry for nearly 30 years. Her company, Yan Fei Plastic Toy Firm, specializes in the R&D and production of trendy toys, squishy toys, plush bag charms, and related products. Backed by uncompromising quality, licensed well-known IPs, and a steady stream of original designs, its products sell well across Europe, the US, Russia, Southeast Asia, and beyond. Recently, alongside rising sales of plush toys, keychains, and other accessories featuring popular IPs like Hello Kitty and Snoopy, Yan Fei's self-designed squishy toys have also delivered impressive results. Just last month, a European client of eight years placed an order worth more than RMB 500,000 for squishy toys in preparation for Children's Day. According to Zhu, beyond the strong appeal of well-known IPs, Yiwugo's ability to drive online traffic has brought the company many high-quality customers. Furthermore, Yan Fei has long focused on mid- to high-end product lines, using premium materials in everything from exterior fabrics and inner fillings to molds and formulas. This commitment to quality is also Yan Fei's "gift" to children and customers around the world.
Alongside toys, beautifully designed stationery is also a sought-after Children's Day gift, with eye-catching stationery sets and journals proving especially popular. He Renhui, owner of Henci Stationery Store, said that one of the company's five-piece stationery sets, developed by its in-house product and visual design teams, has remained a bestseller for three years. The company has successively introduced eight themed designs for this particular set. Recently, many customers from the Philippines and Indonesia have come to purchase the product, which has also been pinned to the top of the company's Yiwugo storefront for easier ordering. He added that the company maintains a year-round inventory of about two million sets.
These small yet exquisite products carry the joy of childhood to every corner of the world. Toys and stationery traveling from Yiwu to global markets not only embody the craftsmanship and quality of Chinese manufacturing, but also deliver the festive warmth of Yiwugo and its merchants across mountains and seas. Powered by Yiwugo's extensive trade platform, the "world's supermarket" will continue to bring heartfelt and delightful holiday surprises to children worldwide through its diverse offerings, reliable quality, and efficient commercial network.
YIWU, China, May 23, 2026 /PRNewswire/ -- Yiwugo.com, the official website of the Yiwu Commodity Market, is the largest commodity wholesale market in the world. As International Children's Day on June 1 draws near, data from Yiwugo shows that over the past two months, "toys" has not only topped the platform's list of popular sectors, but has consistently ranked among the top three most-searched keywords and most-viewed categories as well. The stationery sector has also posted a strong performance. Many Yiwugo merchants in related industries said that large numbers of high-quality overseas buyers and cross-border traders are now approaching the final stage of shipment. Yet for Children's Day orders, the peak season actually began as early as January 2026.
Zhang Lijuan, proprietress of INTEX TaoQibao Inflatable Toys, explained that Children's Day coincides with the start of summer in the Northern Hemisphere. INTEX mainly exports inflatable pools, large inflatable toys, framed pools, and related products. Between January and March 2026, many cross-border traders contacted the company via Yiwugo to discuss their annual procurement needs, with shipments rolling out in succession after the Lunar New Year. As a well-known brand, INTEX manufactures all of its products using eco-friendly, non-toxic, and safe materials. Its products are available in a wide range of vibrant colors and sizes, and feature thicker inflatable film with higher gram weight, ensuring greater durability for outdoor use in high-temperature conditions.
According to Zhang, more than a dozen INTEX products have already sold out. Its large water slide playset, a perennial bestseller, has sold tens of thousands of units during this procurement season. Inflatable water riders such as rubber ducks and flamingos have maintained their robust sales performance from previous years. In particular, inquiries from Middle Eastern clients through Yiwugo have translated into substantial purchase volumes. Currently, bulk orders are entering the final stage of shipment, and many products have already arrived at overseas ports, ready to bring summer fun to children around the world.
Zhu Qiaojun has been a fixture in the toy industry for nearly 30 years. Her company, Yan Fei Plastic Toy Firm, specializes in the R&D and production of trendy toys, squishy toys, plush bag charms, and related products. Backed by uncompromising quality, licensed well-known IPs, and a steady stream of original designs, its products sell well across Europe, the US, Russia, Southeast Asia, and beyond. Recently, alongside rising sales of plush toys, keychains, and other accessories featuring popular IPs like Hello Kitty and Snoopy, Yan Fei's self-designed squishy toys have also delivered impressive results. Just last month, a European client of eight years placed an order worth more than RMB 500,000 for squishy toys in preparation for Children's Day. According to Zhu, beyond the strong appeal of well-known IPs, Yiwugo's ability to drive online traffic has brought the company many high-quality customers. Furthermore, Yan Fei has long focused on mid- to high-end product lines, using premium materials in everything from exterior fabrics and inner fillings to molds and formulas. This commitment to quality is also Yan Fei's "gift" to children and customers around the world.
Alongside toys, beautifully designed stationery is also a sought-after Children's Day gift, with eye-catching stationery sets and journals proving especially popular. He Renhui, owner of Henci Stationery Store, said that one of the company's five-piece stationery sets, developed by its in-house product and visual design teams, has remained a bestseller for three years. The company has successively introduced eight themed designs for this particular set. Recently, many customers from the Philippines and Indonesia have come to purchase the product, which has also been pinned to the top of the company's Yiwugo storefront for easier ordering. He added that the company maintains a year-round inventory of about two million sets.
These small yet exquisite products carry the joy of childhood to every corner of the world. Toys and stationery traveling from Yiwu to global markets not only embody the craftsmanship and quality of Chinese manufacturing, but also deliver the festive warmth of Yiwugo and its merchants across mountains and seas. Powered by Yiwugo's extensive trade platform, the "world's supermarket" will continue to bring heartfelt and delightful holiday surprises to children worldwide through its diverse offerings, reliable quality, and efficient commercial network.
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With Children's Day approaching, what has Yiwu, the "world's supermarket", prepared for children worldwide?
