• 09/22/2024

WuXi Shares Volatile as U.S. Bill Revised to Set Deadline for Decoupling

Wall Street Journal

WuXi AppTec and its affiliates faced volatile trading after the introduction of a revised version of the Biosecure Act by U.S. lawmakers that gives U.S. companies time until 2032, after which business tie-ups with the named Chinese biotech firms would be restricted.

https://www.wsj.com/articles/wuxi-shares-volatile-as-u-s-bill-revised-to-set-deadline-for-decoupling-42440d4a