RE:RE:RE:RE:USA Inflation Reduction Act (IRA) 2022 Re: Biotech and ChinaMarch 14, 2024 - Trade group Biotechnology Industry Organization (BIO) announced Wednesday that it is cutting ties with WuXi AppTec as the lobby takes steps to “separate” from the China-based biotech from its membership. Wednesday’s decision comes after a congressional committee recently blasted the Biotechnology Industry Organization (BIO) for allegedly lobbying on behalf of WuXi AppTec.
Last week, Rep. Mike Gallagher (R-WI), chairman of the Committee on the Chinese Communist Party, stated that BIO’s lobbying “advances the interest of the Chinese Communist Party” and “raises concerns that it is operating as an unregistered agent of a foreign principal.”
In addition to separating from WuXi AppTec, BIO will now openly support the BIOSECURE Act and will cooperate with Congress as the legislation progresses.
https://www.biospace.com/article/bio-boots-china-s-wuxi-apptec-from-biotech-trade-group-amid-national-security-concerns/