China's WuXi weighs sale of pharma operations as US restrictions loom

China's WuXi weighs sale of pharma operations as US restrictions loom

FILE PHOTO: The logo of Chinese drug research and development group WuXi AppTec is displayed alongside its company website, in this illustration picture taken February 5, 2024. REUTERS/Florence Lo/Illustration/File Photo

WuXi AppTec and WuXi Biologics are planning to sell some of their operations after the Chinese biotech companies were targeted by the U.S. on national security grounds, the Financial Times reported on Thursday.