AsianFin--WuXi AppTec reports no instances of significant cancellations of orders by clients despite a U.S. investigation, according to its Q1 earnings conference.
With a vast client base, the company acknowledges that different clients make decisions based on their individual circumstances. Approximately 40% of the over 300 new clients in the first quarter were from Europe and the U.S., with nearly 50% from China and the remaining 10% from other regions. In terms of revenue contribution, clients from Europe and the U.S. accounted for a larger proportion.