Genscript Biotech’s executives have come under the microscope on suspicion of smuggling prohibited goods under the state’s export and import regulations. Photo: AFP
Genscript Biotech plunges after chairman of Chinese gene and cell therapy firm is arrested on suspected smuggling offence
- Stock headed for the biggest drop since September 22, rocked by news of its chairman being placed under residential surveillance
- Investigations related to management of human genetic sources such as organs, tissues and cells, local media Caixin reported in September
Genscript Biotech’s executives have come under the microscope on suspicion of smuggling prohibited goods under the state’s export and import regulations. Photo: AFP
