Peter Luo, Adagene CEO

SEC shines reg­u­la­to­ry spot­light on I-Mab, Sino­vac and oth­ers as more Chi­nese biotechs scram­ble to com­ply with new law

More Chi­nese biotech com­pa­nies are be­ing called out as the SEC re­leas­es a fresh batch of US-list­ed com­pa­nies that may, in a few years, be in breach of a new law and face the threat of delist­ing.

Ab­b­Vie-part­nered I-Mab, Covid-19 vac­cine mak­er Sino­vac, CAR-T de­vel­op­er Gra­cell Biotech­nolo­gies, Sanofi al­ly Ada­gene and lit­tle-known Burn­ing Rock Biotech have joined BeiGene, Hutchmed and Zai Lab in a group iden­ti­fied un­der the Hold­ing For­eign Com­pa­nies Ac­count­able Act.

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