International Regulatory Enforcement (PHIRE)
CFIUS Extends its Reach to Order the Termination of Ekso Bionics' Role in Joint Venture in China
June 10, 2020
By David Wang, Shaun Wu, Scott Flicker & Quinn Dang
On May 20, 2020, Ekso Bionics Holdings, Inc. (“Ekso Bionics”), a U.S. manufacturer of robotic mechanical suits (“exoskeletons”), announced that it had received an ultimatum from the Committee on Foreign Investment in the United States (“CFIUS” or the “Committee”) to terminate its role in a 2019 joint venture with Chinese partners.