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CDMO shares rally on Biosecure’s slowing momentum, upbeat WuXi AppTec outlook

Stocks of China CDMOs, genomics companies rise as U.S. lawmakers head home with bill seeking to rein in select Chinese biotechs in limbo

September 27, 2024 10:04 PM UTC

 

Investors are cheering an upbeat outlook from WuXi AppTec on the Biosecure Act and a lack of progress on the legislation seeking to rein in Chinese CDMOs and genomics companies as U.S. lawmakers head home for an extended break...