Wuxi AppTec-Related Shares Tumble on Proposed U.S. Bill Aimed at Chinese Biotech Companies

Shares of Wuxi AppTec and Wuxi Biologics tumbled Friday amid concerns a proposed U.S. bill would restrict medical providers from business with certain Chinese biotechnology companies.

Shares of Wuxi AppTec and Wuxi Biologics tumbled Friday amid concerns a proposed U.S. bill would restrict medical providers from business with certain Chinese biotechnology companies.