CANbridge signs WuXi Biologics CRDMO services framework agreement with RMB 39.8 million 2026 cap

PUBT·06/16/2026 12:07:56

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CANbridge Pharmaceuticals entered a service procurement framework agreement with WuXi Biologics covering CRDMO services through Dec. 31, 2028.
Annual caps set at RMB 39.8 million for 2026, RMB 70.7 million for 2027, RMB 70.7 million for 2028.
WuXi Biologics holds 16.21% of CANbridge, triggering independent shareholder approval for the framework agreement.
Separate supporting-services procurement framework signed with Baheal Medical through Dec. 31, 2028, with caps of RMB 1.5 million, RMB 2 million, RMB 2 million.
Baheal Medical holds about 16.26% of CANbridge; the arrangement requires reporting and annual review, not independent shareholder approval.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Canbridge Pharmaceuticals Inc. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260616-12205391), on June 16, 2026, and is solely responsible for the information contained therein.

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