Copyright © 2017 ALM Media Properties, LLC. All Rights Reserved.
Did you know that giving a Chinese national a tour of a biotech laboratory in the U.S. may be viewed by the U.S. government as the equivalent to exporting biotechnology to China? If this comes as a surprise to you, count yourself in the majority of people who are generally unaware of the “deemed export” rule. Pursuant to the rule, the disclosure of controlled technology to a foreign national in the U.S. without appropriate export licenses can lead to large fines and criminal liability—even if no products are ever shipped out of the country.