WuXi MedKey

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WuXi MedKey - overview

Established

2009

Location

Shanghai, Shanghai, China

Primary Industry

Healthcare

About

Based in Shanghai, China and founded in 2009, WuXi MedKey Med‑Tech Development (Shanghai) Co. , Ltd. , trading under the name WuXi MedKey, focuses on providing clinical research support services. The company has developed a nationwide network across more than 150 cities and supports clinical studies across multiple therapeutic areas.


Over time, it has accumulated experience in thousands of clinical research projects and established collaborations with hospitals and research institutions. In December 2025, Hillhouse Investment fully acquired the company. The company works with pharmaceutical and medical device companies to provide clinical trial support services. Its offerings include site management services (SMO), clinical trial execution support, study startup services, quality control and auditing services, and investigator training programs such as GCP training.


The company supports clinical studies across therapeutic areas including oncology, cardiovascular diseases, neurology, and immunology. The company generates revenue from providing clinical trial support services, site management services, and outsourcing solutions to pharmaceutical and medical device companies.


Current Investors

Hillhouse Investment

Primary Industry

Healthcare

Sub Industries

Biopharmaceuticals, Healthcare, Healthcare Specialists

Website

https://smo.wuxiapptec.com/

Verticals

HealthTech

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

WuXi MedKey - financials

Fiscal Year EndedDec 31, 2024
Revenue (USD)-
% Revenue Growth (YoY)-
EBITDA (USD)-
Operating Income (USD)-
Operating Margin-
% EBITDA Margin-
NET Income (USD)-
% Net Margin-

WuXi MedKey - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedWuXi MedKey-

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