Pharma
US lawmakers told WuXi sent intellectual property to China
Pharma giant - which recently pumped $348 million into a dormant Irish entity - has been named a ‘company of concern’ by US lawmakers
US intelligence officials told American lawmakers in February that the pharmaceutical firm WuXi AppTec transferred a client’s intellectual property to Chinese authorities without permission, Reuters reported, citing unnamed sources.
The information was provided to about a dozen senators working on a bill that could restrict business with Chinese biotech companies on national security grounds, according to the report. Reuters didn’t disclose the name of WuXi’s client or the specifics of the information that was shared ...