12:28 PM EST, 01/15/2025 (MT Newswires) -- The US government is restricting exports of biotechnology equipment and related technology to China over national security concerns, Reuters reported Wednesday.

According to the report, the US Department of Commerce is imposing these export controls because of their possible use in "human performance enhancement, brain-machine interfaces, biologically-inspired synthetic materials, and possibly biological weapons."

The controls restrict exports to China and other countries without a US license, the report said.

The Commerce Department did not immediately respond to a request for comment from MT Newswires.

Biotech stocks were down. Bruker ( BRKR ) slid over 2%, while Waters (WAT) and Thermo Fisher Scientific ( TMO ) dropped roughly 1%.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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