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December 23, 2019

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2 min read

Veritas, a U.S. Genetic Sequencing Company, Suspends U.S. Operations Due to Decreased Funding; CFIUS Thought to be Leading Cause

According to news articles published in early December, Veritas Genetics, a Massachusetts-based company that hoped to lower the cost of whole-genome sequencing, is suspending its U.S. operations because of a lack of investment. Articles theorize that the decreased funding was driven mainly by new CFIUS regulations and heightened CFIUS scrutiny.  

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Global Trade & Foreign Policy Insights addresses rapidly evolving U.S. foreign policy and its impact on cross-border trade. We address the impact on financial services, supply chains, and manufacturing. We also cover the international community’s response to U.S. foreign policy.

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  • Crisis Management
  • ITC – Section 337
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