Press Coverage

Taesoo Sean Kim Featured in THE BIO: "Biosecurity Act-Flagged Companies to Emerge by Year-End as U.S. CDMO Capacity Booked Through 2028"

May 4, 2026 – THE BIO
Portrait of TaeSoo Sean Kim

Ice Miller partner TaeSoo Sean Kim was featured in THE BIO article, "Biosecurity Act-flagged companies to emerge by year-end as U.S. CDMO capacity booked through 2028."

The article included:

“The ‘Biosecure Act’ is not merely a regulation in its introductory phase. Rather, it is reshaping how pharmaceutical and biotechnology companies perceive and manage their supply chains and execution strategies.”

Attorney Tae-soo Sean Kim of Ice Miller LLP delivered this statement during a presentation titled ‘Biosecure Act: From Risk to Execution’ at the BIO KOREA 2026 held at COEX in Samseong-dong, Gangnam District, Seoul, on the morning of April 30. He explained that the Biosecure Act is fundamentally transforming how companies operate their supply chains by affecting the entire structure of R&D, financing, Contract Development and Manufacturing Organization (CDMO), and Contract Research Organization (CRO) agreements associated with U.S. government funding, extending beyond issues of simple regulatory compliance.

According to Kim, the U.S. Biosecure Act contains provisions that restrict transactions with Chinese genomics and biotechnology companies while excluding them from federal government procurement and subsidy programs. The legislation is widely assessed as a measure aimed at accelerating the restructuring of the bio-industry supply chain amidst the intensifying U.S.-China rivalry for technological supremacy. He further explained that the Biosecure Act was formally enacted into law last December when U.S. President Donald Trump signed the National Defense Authorization Act (NDAA) 2026, which incorporates the act.

Click here to read the full article.

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