China's WuXi Biologics to sell Ireland vaccine unit to Merck for $500m

China's WuXi Biologics to sell Ireland vaccine unit to Merck for $500m

People work at the WuXi Biologics' factory in Leverkusen, Germany, in this handout picture with date given as 2023. WuXi Biologics/Handout via REUTERS/ File Photo

China’s WuXi Biologics said on Monday it will sell its vaccine facility in Ireland to Merck for about $500 million.

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