Global Trade Alert
Global Trade Alert

United States of America: National security concerns lead to requirement that Chinese firm divest itself of PatientsLikeMe

Announcement

04 Apr 2019

The Committee on Foreign Investment in the United States obliged Shenzhen-based iCarbonX to divest itself of PatientsLikeMe.

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Number of interventions

1

0 certainly harmful

1 likely harmful

0 liberalising

List of interventions

Implementation date

04 Apr 2019

Revocation date:

No revocation date

Updated: 04 Apr 2019
FDI: Entry and ownership rule In force

On June 24, 2019 UnitedHealth Group purchased the health-tech start-up company PatientsLikeMe, a firm that the Committee on Foreign Investment in the United States (CFIUS) obliged to seek out a new...

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