A bipartisan bill has been introduced by a congressional committee focused on China to restrict federally funded medical providers from sharing genetic information with China's BGI Group, WuXi Apptec, and other biotech firms. The bill aims to ban China's largest genomics company, BGI, from operating in the U.S. due to national security concerns over genetic data collection. This has led to a plunge in shares of Chinese biotech firms WuXi AppTec and WuXi Biologics. Additionally, two U.S. lawmakers have requested the Biden administration to impose export restrictions on four Chinese companies involved in Ford Motor's planned Michigan battery plant, including WuXi AppTec.
U.S. government warns against sending genetic testing data to China As the use of DNA data expands, lawmakers from both parties introduced a bill that would effectively ban China's largest genomics company from doing business in the United States following years of warnings from… https://t.co/VUQtnb4L5N
⚠️ LAWMAKERS WANT US TO PROBE FOUR CHINESE FIRMS INVOLVED IN FORD BATTERY PLANT -- LETTER (Reuters) The chairs of two U.S. House committees asked the Biden administration to investigate four Chinese companies they say are involved in Ford Motor's planned Michigan battery plant,… https://t.co/V63Ly9LbU4
$F TWO U.S. LAWMAKERS ASK BIDEN ADMINISTRATION TO IMPOSE EXPORT RESTRICTIONS ON FOUR CHINESE COMPANIES INVOLVED IN PLANNED FORD MOTOR MICHIGAN BATTERY PLANT -- LETTER SEEN BY REUTERS
Bill seeks to drive China biotechs out of U.S.: Biosecure Act would have broader impact than previous bills seeking to restrict Chinese biotech’s activities. Shares of WuXi AppTec, WuXi Biologics sink https://t.co/FekQP08tu2
Shares in Chinese biotech WuXi AppTec plunged Friday in Hong Kong trading after U.S. lawmakers proposed banning the medical technology company from U.S. government contracts. The firm relies heavily on U.S. customers https://t.co/gI5nf5Y5So
US House bill would curb genetic info sharing with China's Wuxi Apptec, BGI https://t.co/zTPgl6O3rl https://t.co/3WNv1MChJG
Congress wants to ban China's largest genomics firm from doing business in the U.S. Here's why. -Bipartisan legislation aims to ban China's largest genomics company, BGI, from operating in the U.S., citing national security concerns over genetic data collection. · Congressional… https://t.co/YOowwpqnLN
Congress wants to ban China's largest genomics firm from the U.S. Here's why. https://t.co/O3874pCjca " China is grabbing U.S. genetic info that could be used to create targeted bioweapons that would work against one group and not another." already enuf data out there
⚠️ US HOUSE BILL WOULD CURB GENETIC INFO SHARING WITH CHINA'S WUXI APPTEC, BGI (Reuters) A congressional committee focused on China has introduced a bill that would restrict federally funded medical providers from allowing China's BGI Group, WuXi Apptec and other biotech… https://t.co/bxKuAenRJi