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WuXi PharmaTech Will Focus U.S. Operations on Laboratory Testing Services
Date:12/2/2008

fected by these actions."

WuXi expects to record (i) cash restructuring charges, estimated to total approximately $2.5 to $3.5 million, consisting primarily of severance and other employee-related charges and to be payable over the next few months; and (ii) non-cash charges for impairment of certain fixed and intangible assets, including goodwill. WuXi currently is working with external consultants to determine an estimate for the non-cash impairment charges as a result of the restructuring.

Conference Call

WuXi PharmaTech's senior management will host a conference call at 8:00 a.m. (Eastern) / 5:00 a.m. (Pacific) / 9:00 p.m. (Beijing/Hong Kong) on December 2, 2008, to discuss today's announcement. The conference call may be accessed by dialing:

    (US) 866-586-2813
    (China, Northern Region) 10-800-611-0127
    (China, Southern Region) 10-800-361-0079
    (HK) 800-965-808
    (UK) 0-800-056-9662
    (International) +61-2-8524-6650
    Conference ID: 75793921

    A telephone replay will be available two hours after the call's completion
until December 9, 2008, at:

    (US) 866-214-5335
    (HK) 800-901-596
    (China) 10-800-140-0386
    (UK) 0-800-731-7846
    (International) +61-2-8235-5000
    Passcode: 75793921

A live webcast of the conference call and replay will be available on the investor relations page of WuXi PharmaTech's website at http://www.wuxiapptec.com .

About WuXi PharmaTech

WuXi PharmaTech is a leading pharmaceutical, biotechnology and medical device R&D outsourcing company, with operations in China and the United States. As a research-driven and customer-focused company, WuXi PharmaTech provides broad and integrated portfolio of laboratory and manufacturing services throughout the drug and medical device R&D process. WuXi PharmaTech's services are
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SOURCE WuXi PharmaTech (Cayman) Inc.
Copyright©2008 PR Newswire.
All rights reserved

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