Breaking News: 2269 – Market Insights, Analysis & Latest Updates

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Wuxi, China biotech stocks surge on hopes of less severe US sanctions

Chinese biotechnology stocks rose, led by WuXi, after proposed legislation targeting the sector was excluded from a U.S. defense bill, relieving fears of reduced contracts.

investing.com • 09/12/2024 - 04:13 AM

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China's WuXi explores sale of pharma operations as US restrictions loom, FT reports

WuXi AppTec and WuXi Biologics plan to sell operations due to U.S. national security concerns, following a House bill aimed at restricting business with them.

investing.com • 03/10/2024 - 09:29 AM

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Democrat to vote against bill restricting China's WuXi Biologics, BGI

Rep. Jim McGovern opposes the Biosecure Act, which targets Chinese biotech firms on national security grounds, citing unclear processes and flaws in the legislation despite acknowledging real security concerns.

investing.com • 07/09/2024 - 03:30 AM

Greed and Fear Index

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Extreme Fear

Wuxi, China biotech stocks surge on hopes of less severe US sanctions

China's WuXi explores sale of pharma operations as US restrictions loom, FT reports

Democrat to vote against bill restricting China's WuXi Biologics, BGI

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