Biotech trade association to split with China’s WuXi AppTec

News

By Karen Freifeld for Reuters

“March 13 (Reuters) – A Washington-based global trade association representing biotechnology companies is taking steps to “separate” from Chinese member Wuxi AppTec, according to a letter from its new CEO on Wednesday.

The Biotechnology Innovation Organization (BIO) also said it would support proposed legislation that restricts U.S. business with WuXi AppTec and other biotech companies of concern, changing its position from last month.

WuXi AppTec, in a letter to BIO dated Tuesday that it provided to Reuters, said it was ending its membership in the organization…”

Continue reading at the original source, linked here.

Leave a Comment