WuXi Firms Surge on Slimmer Chances of US Biosecure Passage

WuXi Firms Surge on Slimmer Chances of US Biosecure Passage

WuXi AppTec Co. and WuXi Biologics Cayman Inc., two Chinese biotech service providers, saw their stock jump Monday after a draft US bill that would have eliminated their pivotal position in worldwide drug research lost its final significant window for enactment this year. Early Monday trading in Hong Kong saw a 12% increase in WuXi…