WuXi NextCODE In Hunt For $200 Million In Venture Capital

According to a Reuters report, WuXi NextCODE is talking to investors about another fundraising, this one for $200 million. The company, which is part of WuXi AppTec's genomics operation, completed a $75 million Series B round earlier this month. The funding is drawing interest from top-tier investors such as Hillhouse Capital and Sequoia Capital, said Reuters, which attributed the information to two people with direct knowledge of the activity. WuXi hopes to close the latest round in July, Reuters said.

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