Outbound Rule Drops; Includes Broader Bans on “Super Intelligence” and Biotech, Foreign Investment Watch

Partner David Plotinsky spoke with Foreign Investment Watch about the US Treasury Department’s proposed regulations implementing the Comprehensive Outbound Investment National Security Act, which would expand restrictions on certain US investments involving artificial intelligence, biotechnology, and other sensitive technologies in countries of concern.

David noted that the inclusion of biotechnology in the proposed restrictions was not unexpected, given the sector’s national security implications. He also pointed to the continued exclusion of pure licensing arrangements as an important distinction for companies operating in the life sciences sector. 

“Especially in light of biotech being added, it’s helpful that the proposed rules continue to not include pure licensing deals,” he said.

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