China floats restrictions on foreign buyouts of biotech platforms

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Beijing has floated draft restrictions on foreign buyouts of China’s cell and gene therapy and siRNA platforms while allowing individual drug licensing, according to a post by @m_goes_distance that Kevin Weil linked to on X. The proposal remains a draft, with comments open until November 15. The quoted author said the draft also covers AI technology and treats platform ownership as a national security issue. The reported distinction is between foreign acquisition of the platforms and licensing individual drugs.

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Latest development10/19 05:31 (UTC+8)

China floats restrictions on foreign buyouts of biotech platforms, quoted post reports Kevin Weil · X

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10/19

05:31
Kevin Weil · XPicks
China floats restrictions on foreign buyouts of biotech platforms, quoted post reports
Kevin Weil links to @m_goes_distance’s post reporting that Beijing has floated restrictions on foreign buyouts of China’s cell and gene therapy and siRNA platforms, while allowing individual drug licensing. The quoted author says the draft also covers AI technology and frames platform ownership as a national security issue. The proposal remains a draft, with comments open until nov 15.

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