WuXi Apptec removed from Pentagon list of Chinese military companies (updated)
UPDATE 2-WuXi Apptec removed from Pentagon list of Chinese military companies Add WuXi AppTec comment, paragraphs 5-6
WASHINGTON, Nov 9 (Reuters) - The Pentagon removed Chinese biotechnology company WuXi AppTec 603259.SS from its list of Chinese military companies, according to a government posting on Monday.
The deputy secretary of defense made the determination in light of a federal court in Washington barring the department from enforcing the designation, the posting said.
The ruling came in a lawsuit WuXi AppTec filed after the Pentagon added it to the list, saying its designation was arbitrary, capricious, unsupported by the facts and "the product of political pressure."
The Pentagon expanded its blacklist of alleged "Chinese military companies" on June 8 to 188 entities.
"This decision relieves the company from further adverse consequences of the 1260H designation," WuXi AppTec said in a filing to the Hong Kong bourse on Tuesday morning, referring to the list which is kept under Section 1260H of a US defense law.
"We remain committed to serving our customers and enabling the lifesaving and life-improving medicines they make for patients," the company added.
(Reporting by Karen Freifeld in New York and Kat Jackson in Washington; Editing by Doina Chiacu and Matthew Lewis)
((doina.chiacu@thomsonreuters.com; 202-898-8322;))
Recent news on WuXi AppTec
See all newsTech lifts China, HK shares amid risk-on mood
WuXi AppTec rises after Pentagon removes firm from Chinese military list
Brief: WuXi AppTec Notes Removal Of Co As Chinese Military Company Under Section 1260H List
WuXi Apptec removed from Pentagon list of Chinese military companies (updated)
Wuxi Apptec removed from Pentagon list of chinese military companies