WuXi AppTec (603259.SH): The U.S. court has ruled on the company's motion for a preliminary injunction, allowing the company to avoid adverse effects during the challenge of the 1260H determination.
Wisdom Finance APP reports that WuXi AppTec (603259.SH) has announced that the company has filed a lawsuit against the U.S. Department of Defense's designation of the company on the Department's 1260H list. The company strongly opposes this erroneous 1260H designation and has taken legal action to protect the interests of the company and its shareholders, employees, partners, and clients. Following the company's lawsuit against the Department of Defense on June 11, 2026, the company filed a preliminary injunction motion in the United States District Court for the District of Columbia on June 29, 2026, seeking to prohibit the Department of Defense from enforcing or acting upon the 1260H designation or taking any other actions based on the 1260H designation. The court held a hearing on this motion on July 22, 2026.
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