China's WuXi PharmaTech (Cayman) Inc, a New York Stock Exchange-listed pharmaceutical and biotechnology research and development outsourcing company, said in a statement that it has closed its initial public offering of 15,167,326 American Depositary Shares (ADSs).
This also includes the 1,978,347 ADSs issued in connection with the exercise of the over-allotment option in full.
Shanghai-based WuXi PharmaTech's ADSs commenced trading on the New York Stock Exchange on Aug 9 under the symbol 'WX'.
Credit Suisse Securities (USA) LLC and JP Morgan Securities Inc acted as lead underwriters and joint book-runners, while Jefferies & Co Inc acted as a co-manager in the offering.