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Navigating The Pending BIOSECURE Act: Implications For U.S.-China Biopharmaceutical Collaboration And National Security - New Technology

The BIOSECURE Act (H.R. 7085), which has the potential to severely restrict the ability of U.S. biopharmaceutical companies to collaborate with certain Chinese entities without losing the ability to contract with the U.S. government, has made headlines in recent weeks.
United States North Carolina Dorothy Chen Janet Yellen Lloyd Austin Gina Raimondo
Source: mondaq.com

Top DCCC fundraiser lobbied for Chinese military-tied company on Pentagon blacklist

The campaign arm for House Democrats counts one of its top fundraisers as a recent lobbyist for a U.S. government-sanctioned company linked to China's military, records show. Steve Elmendorf was listed by the Democratic Congressional Campaign Committee in a Federal Election Commission filing covering the month of January as a bundler, which refers to influential The campaign arm for House Democrats counts one of its top fundraisers as a recent lobbyist for a U.S.-sanctioned company linked t...
United States Michael Sobolik Brownstein Hyatt Farber Schreck Steve Elmendorf Eric Herman Hesai Group

Chinese biotech firms refute US bill, saying 'national security' reasons are false accusation

Chinese biotechnology firm WuXi AppTec on Sunday refuted the proposed US Biosecurity Act, which prohibits US federal agencies from having contracts with a number of Chinese biotech firms due to โ€œalleged complicity with the Chinese military,โ€ calling it a false accusation.
Anji County Zhejiang Province Wuxi Apptec Complete Genomics Global Times

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US bill targeting Chinese biotech firms WuXi AppTec, BGI hits delay

A bill in the U.S. Congress that sparked a sell-off in shares of China's WuXi AppTec hit a delay in the Senate this week, a Senate aide and three other sources said on Friday. The bill would prohibit federal agencies from contracting with China's BGI Group, MGI, Complete Genomics, WuXi AppTec, their subsidiaries and other biotechnology companies of concern.
United States New York Mike Gallagher Lisa Shumaker Gary Peters Karen Freifeld
Source: aol.com

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