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WuXi AppTec Gets Temporary Reprieve of Chinese Military Label

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WuXi AppTec Gets Temporary Reprieve of Chinese Military Label A US judge blocked the Defense Department from enforcing its designation of WuXi AppTec Co. as a Chinese military company, granting temporary relief to the major pharmaceutical contractor. Chief Judge James E. Boasberg of the US District Court for the District of Columbia granted WuXi AppTec’s request for a preliminary injunction Friday, saying the company “established a likelihood that the designation was arbitrary and...

WuXi AppTec Gets Temporary Reprieve of Chinese Military Label A US judge blocked the Defense Department from enforcing its designation of WuXi AppTec Co. as a Chinese military company, granting temporary relief to the major pharmaceutical contractor. Chief Judge James E. Boasberg of the US District Court for the District of Columbia granted WuXi AppTec’s request for a preliminary injunction Friday, saying the company “established a likelihood that the designation was arbitrary and capricious,” according to a court filing.
WuXi AppTec (ORG) US (LOCATION) the Defense Department (ORG) WuXi AppTec Co. (ORG) Chinese (ORG) James E. Boasberg (PERSON) the US District Court (ORG) the District of Columbia (LOCATION) WuXi AppTec’s (ORG)
Originally published by Bloomberg Markets Read original →