House Panel Urges CFIUS Scrutiny of China Pharma Firm Investment

Jan. 30, 2026, 9:37 PM UTC

Select Committee on the CCP Chair John Moolenaar writes to Treasury Secretary Scott Bessent, urging CFIUS action regarding a Chinese pharmaceutical company’s investment in FastWave Medical, according to a statement from the committee.

  • Read the statement here

To contact the reporter on this story:
Gabriella Borter in Washington at gborter@bloomberg.net

To contact the editors responsible for this story:
Kasia Klimasinska at kklimasinska@bloomberg.net

Matthew James Mcarthur

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