WXXWY - Wuxi Biologics gets off U.S. 'unverified' trade list

• WuXi Biologics ( OTCPK:WXXWY ) reported that its subsidiaries in Wuxi is getting off the U.S. Commerce Department's "Unverified List", effective October 7, 2022.
• According to a department official, Chinese authorities permitted a U.S. export control officer to visit at least one company in the city of Wuxi last week for inspections.
• In February, Wuxi ( OTCPK:WXXWY ) plunged after the U.S. Commerce Department announced that two of its subsidiaries in Shanghai and Wuxi would be added to the department's "Unverified List" (UVL).

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