BioCentury
ARTICLE | Company News

CFIUS pilot launch marks steps into biotech territory

November 16, 2018 3:53 PM UTC

Biotech could soon be getting more attention from the Committee of Foreign Investment in the United States as the Treasury Department's CFIUS pilot program went into effect over the weekend.

"Biotech is still relatively new to the world of CFIUS," but the committee is increasingly looking at the sector, Michael Leiter, a partner at law firm Skadden, Arps, Slate, Meagher & Flom, told BioCentury on Nov. 12...

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