Why is WuXi AppTec stock rallying today?
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2 headlinesChinese pharmaceutical firms’ cost advantages trump Pentagon blacklist: analysts
The Pentagon added Chinese pharmaceutical contractor WuXi AppTec to a list of entities it alleges are linked to the country’s military, but the blacklisting will not stop multinational drug makers from collaborating with China’s biopharmaceutical firms, according to analysts. “We view minimal im...