Colo. Co. Accused Of Misusing $400K Loan For HHS Deal
A Colorado public benefit corporation breached a loan agreement by failing to use the $400,000 loan for its intended purpose and instead diverting the loan to settle a nearly $600,000 civil penalty with a federal governmen...(read more)
AGs Say Taro's $200M MDL Deal Doesn't Bar Their Claims
Dozens of state attorneys general urged a Connecticut federal judge Tuesday not to let Taro Pharmaceuticals block a swath of their price-fixing claims with a $200 million settlement it struck with plaintiffs in separate mu...(read more)
MVP: Holland & Knight's Jennifer Weaver
Dubbed the "Queen of the False Claims Act" by an opposing counsel, Jennifer Weaver of Holland & Knight LLP convinced the government to drop its investigation into California's Cedars-Sinai Medical Center and successfully d...(read more)
CVS To Split In 2, Unraveling Decade-Old Megamerger
CVS Health said Wednesday that it plans to split into two independent, publicly traded companies, separating its Aetna- and Caremark-led healthcare businesses from its 9,000 retail pharmacy locations, reversing its nearly ...(read more)
Mallinckrodt Loses $9.5M Award, Wins Delay In Airgas Drug
A Delaware federal judge on Tuesday threw out Mallinckrodt Pharmaceuticals' $9.5 million jury award it won in an infringement case and instead blocked a competitor's inhaled nitric oxide treatment patent until after a pair...(read more)
Karyopharm OK To Borrow $25M In Fast-Track Ch. 11 Case
Cancer drug developer Karyopharm Therapeutics Inc. on Tuesday secured a Texas bankruptcy judge's approval to borrow $25 million in Chapter 11 financing and solicit bids for its business, as the company looks to merge with ...(read more)