
WuXi, a Chinese pharmaceutical company, is under scrutiny by U.S. Congress for its significant role in the American pharmaceutical industry and allegations of stealing genetic information. The company is reported to produce a quarter of the U.S.'s critical drugs and is involved in making key ingredients for multibillion-dollar therapies for diseases such as cancer, obesity, and HIV. This has raised national security concerns among lawmakers, who are seeking to limit the firm's involvement in U.S. pharmaceutical interests. The situation has caused unease within the biotech sector, with fears that legislative actions could impact both the company and U.S. drugmakers.









America hits Chinese biotech—and its own drugmakers: A sweeping bill in Congress could cost patients at home https://t.co/2pBV4iJC01
Americans are spending billions on drugs that don’t work because of the FDA’s drive to get new medications to patients quickly. https://t.co/JxjM5IvxOM via @business
This is really good on how important WuXi AppTec/Biologics is for the drug-making infrastructure in the US... https://t.co/L3w5DKyTlL