If no improvement in Sino-US relationship, there's a high probability that some bill targeting China CXO would be passed. WuXi AppTec should have "bottom line thinking" and consider backup solutions.
Xinyao has highlighted this Insight as a Top Pick
Boomeranged on Thu, 14 Mar 2024 09:16
Based on latest news, the Biotechnology Industry Organization (BIO) would take "important steps" to support US national security and the BIOSECURE Act so as to secure and advance US's preeminence in biomanufacturing. BIO also plans to remove WuXi AppTec from its membership roster. As geopolitical conflict intensifies, WuXi AppTec/its subsidiaries have to prepare for worst case scenarios in advance
SUMMARY
(Sign Up to Access)
Get started on the Smartkarma Research Network with a complimentary Preview Pass to:
Unlock all research summaries
Follow top, independent analysts
Receive personalised alerts and emails
Access Briefings, Analytics, and Events
Upgrade anytime to our paid plans for full-length research, real-time analyst discussions, and more.
Join a thriving community of 45,000+ investors, including the top global asset managers managing over $13trn in assets.