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GenScript Biotech

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2020

    Founder Zhang Fangliang arrested on suspicion of smuggling

    In 2020, GenScript chairman Zhang Fangliang was placed under residential surveillance at a location designated by customs, and was later arrested on suspicion of smuggling goods prohibited from import and export by the state. He resigned from related roles at GenScript and Legend Biotech, and the share price fell continuously. Outside speculation linked the case to illegal export of human genetic resources, and the company did not disclose the specific reason. In May 2022, the Zhenjiang Municipal People’s Procuratorate decided not to prosecute, and Zhang Fangliang resumed his role as non-executive director.

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