BIOSECURE stalls, will not become law in 2024

Earlier this week, efforts to reduce U.S. reliance on biotechnology companies in China stalled when the BIOSECURE Act (“BIOSECURE” or the “Act”) was left out of this week’s continuing resolution (CR). As a result, BIOSECURE will not be enacted into law this year. Industry and observers had been watching to see if BIOSECURE would be included in the year-end legislative package, which could have served as a stopgap measure to fund the federal government through early next year. The CR was the last...
By: Hogan Lovells

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