Mayne, Ascend Cut $1M Generic Price-Fixing Deal With States
Ascend Laboratories, Mayne Pharma and Citron Pharma asked a Connecticut federal judge Thursday to sign off on a settlement with a coalition of states resolving claims the companies were involved in an illegal ... (more story)
Genesis Healthcare Gets OK For Amended $1B Asset Sale
A Texas bankruptcy judge Thursday approved the sale of Genesis Healthcare's 175 care facilities after being told that the debtor had reached an amended deal with the buyer that will add $15 million in cash to ... (more story)
Viatris To Buy Pacira BioSciences For $1.65B
Viatris has agreed to acquire non-opioid pain treatment maker Pacira BioSciences for $1.65 billion, with Cravath Swaine & Moore LLP advising Viatris and Ashurst Perkins Coie representing Pacira, the companies said Thursday.
3rd Circ. Upends Sandoz's $61.6M Award Against UTC
A Third Circuit panel on Wednesday erased Sandoz Inc.'s $61.6 million award in a breach of contract case against United Therapeutics Corp., in a decision that sidesteps the major pharmaceutical company's reque... (more story)
NC Hospital Accuses Blue Cross Of Refusing Covered Claims
Blue Cross and Blue Shield of North Carolina is refusing to pay or underpaying for covered services on behalf of its members, a hospital in the Tar Heel State has alleged in a new complaint accusing the insure... (more story)
Immunomedics Founder Says Deal Triggered $365M Pay Claim
The founder of Immunomedics urged Delaware's highest court Wednesday to reinstate his roughly $365 million compensation claim against the biotechnology company, alleging Gilead Sciences Inc. became an "affilia... (more story)