"US Bill Targets Chinese Biotech Firms as National Security Threats"

TL;DR Summary
A proposed US congressional bill, the BIOSECURE Act, has identified a Chinese biotech company, Wuxi Apptec Group, which has ties to Mayo Clinic, as a national security threat. If passed, the bill would restrict federally funded medical providers from using foreign adversary biotech companies, potentially impacting the partnership between Mayo Clinic and Wuxi Apptec Group. Mayo Clinic has stated that it will study the bill language and comply with federal requirements if the bill is passed.
Topics:business#chinese-biotech-company#international-relations#mayo-clinic#national-security-threat#us-congressional-bill#wuxi-apptec-group
- Chinese company affiliated with Mayo Clinic named as national security threat in new bill ABC 6 News KAAL TV
- China's Wuxi AppTec says it should not be 'company of concern' in draft US biotech bill Reuters
- Biotech is the new focus in U.S.-China tech rivalry Axios
- WuXi Biologics plays defense after US bill brands certain Chinese biopharmas as security threats FiercePharma
- Congress wants to ban China's largest genomics firm from doing business in the U.S. Here's why. NBC News
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