Global Trade Alert
Global Trade Alert

United States of America: U.S. FDI screening authority has forced Chinese digital health company to divest from US health tech startup “PatientsLikeMe”

Announcement

04 Apr 2019

On 4 April 2019, CFIUS has forced Chinese digital health company iCarbonX to divest from US health tech startup “PatientsLikeMe”.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

04 Apr 2019

Revocation date:

No revocation date

Announced: 04 Apr 2019
FDI: Entry and ownership rule In force
According to several news reports on 4 April 2019, the U.S. Administration has ordered a U.S. health tech startup “PatientsLikeMe”, a patient social network, to find a new buyer because of national se...
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