The Biotechnology Innovation Organization appeared to do a 180 degree turn on 13 March when its new President & CEO John Crowley announced the trade group’s support for the BIOSECURE Act, a bill that would make it harder for certain Chinese biotech companies to do business in the US.
Risks For Pharma Industry Remain As BIO Shifts Course On BIOSECURE Act
Trade group’s break from WuXi Apptec allows BIO to reset its lobbying approach under its new CEO but doesn’t negate the business and supply chain disruptions that biopharma would feel from the proposed legislation.
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