WuXi AppTec contests military designation

WuXi AppTec is contesting its designation as a Chinese military company and, in the process, has detailed a range of harms it says flow from the designation beyond restrictions tied to the Biosecure Act and military procurement.

In a lawsuit filed Thursday in the U.S. District Court for the District of Columbia, WuXi AppTec Co. Ltd. (Shanghai:603259; HKEX:2359) stated that 1260H designation “has already caused and will continue to cause severe and irreparable harms” to the company and its employees. It noted that inclusion on the list subjects it to the Biosecure Act's prohibitions, which it argues will likely prompt customers to "consider taking their business to companies" that are not covered by the law...