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flag Shares of Chinese biotech firms WuXi AppTec and WuXi Biologics soared after the US Biosecure Act failed to pass.

flag Shares of Chinese biotech firms WuXi AppTec and WuXi Biologics surged after the US Biosecure Act, which aimed to restrict their role in global drug development, failed to pass into law this year. flag The act faced opposition due to concerns over naming specific companies without due process. flag This reprieve is seen positively by the companies and others in the industry with significant overseas revenue.

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