Expert Analysis

First 10b5-1 Insider Trading Case Raises Compliance Issues

The ongoing case against former Ontrak CEO Terren Peizer is the U.S. Department of Justice's first insider trading... (more story)

Policy Misrepresentations Carry Insurance Rescission Risks

The Second Circuit's recent decision in Medical Mutual v. Gnik, finding that material misrepresentation in a clini... (more story)

The Pros And Cons Of NIST's Proposed March-In Framework

Recent comments for and against the National Institute of Standards and Technology’s proposed guidance on march-in... (more story)

Deals & Corporate Governance More

Walgreens Investors' $36M Deal In Opioid Suit Gets First OK

An Illinois federal judge on Wednesday granted his initial approval of a $36 million settlement to end a stockholder's derivative suit accusing Walgreens and its leadership of failing to limit retail pharmacie... (more story)

Elliott Waives BioMarin Board Deal, Moots Del. Suit

Elliott Investment Management LP has waived an agreement with BioMarin Pharmaceutical Inc. that gave the activist investor three new seats on the biopharmaceutical company's board, mooting a Delaware Chancery ... (more story)

Eli Lilly's Insulin Price Cap Deal Collapses After Cert. Denial

Eli Lilly & Co. and insulin buyers have called off a proposed nationwide settlement that would've capped insulin prices and been worth up to $500 million over several years, a decision that was made after the ... (more story)

NC Treasurer Backs FTC On Hospital Merger Challenge

North Carolina's treasurer agreed Monday that Novant Health's $320 million plan to pick up a pair of hospitals is a bad idea, throwing its weight behind the Federal Trade Commission's challenge to the deal in federal court.

Bankrupt Breast Implant Co. Submits Ch. 11 Plan Disclosures

Bankrupt breast implant company Sientra Inc. has asked a Delaware bankruptcy court to approve the disclosure statement for its Chapter 11 reorganization plan, which provides for a wind-down of what is left of ... (more story)

Biotechs Turn To Licensing, Collaboration Deals For Capital

Biotech companies are turning to licensing and collaboration deals amid a tough public market and larger economic slowdown.

Digital Health & Technology More

Healthcare Industry Sees Spate Of New Data Sharing Suits

A $7 million-plus settlement between a federal regulator and a mental healthcare provider accused of improperly sharing patient data highlights the ubiquitous ties between health systems and tech giants like F... (more story)

Zoll Says 'Cookie-Cutter' Hack Claims Don't Show Harm

Zoll Medical Corp. is asking a Boston federal judge to toss a proposed class action brought by medical device customers whose personal information was released during a ransomware attack last year and an earli... (more story)

FTC Curtails Treatment Provider's Sharing Of Health Data

The Federal Trade Commission took its latest step Thursday to crack down on the mishandling of sensitive health information, announcing a settlement that requires a New York-based alcohol addiction treatment s... (more story)

Ernest Health Hit With Suit After Cybercriminal Data Breach

A group of former Ernest Health Inc. patients has hit the Texas-based hospital system with a proposed class action after a notorious group of cybercriminals breached the company's systems, saying that the comp... (more story)

Pharmacy Gets Eli Lilly's Mounjaro Suit Tossed

A Florida federal judge has thrown out Eli Lilly & Co.'s suit accusing an online pharmacy of wrongly selling a compounded version of its drug Mounjaro, saying Eli Lilly was "using state law to enforce the term... (more story)

Philips, Feds Enter Consent Decree Over Sleep Apnea Devices

Philips Respironics can't make sleep apnea breathing machines until it hires an independent monitor, undergoes inspections and meets its obligations under a plan to remediate patients affected by a 2021 recall... (more story)

Policy & Compliance More

Lab Whistleblower Drops COVID Test Suit After Feds Pass

An ex-lab director has dropped his False Claims Act lawsuit alleging he was ousted from a diagnostic testing firm for raising concerns about regulatory violations and improper billing of federal health care pr... (more story)

FDA's Foot-Dragging On Menthol Ban Sparks Frustration

The U.S. Food and Drug Administration's yearslong delay to ban menthol has left public health groups frustrated over why the agency has failed to act on what the groups see as an obvious way to improve public ... (more story)

'Ringleader' Of Black Market HIV Drug Scam Gets 9 Years

A New York federal judge on Wednesday sentenced a pharmacy operator to nine years in prison for spearheading a $13 million scheme to sell black market HIV medication and collect fraudulent reimbursements from ... (more story)

Ohio Bans On Transgender Care, Youth Sports Halted By Judge

An Ohio state court on Tuesday blocked a law that bans gender-affirming healthcare for children and prohibits transgender girls from competing in girls' school sports, issuing a temporary restraining order mor... (more story)

NY High Court Zeroes In On Abortion Coverage Exemptions

New York's highest court grappled Tuesday with whether a state regulation's exemption process shielding religious groups from a requirement that employee health plans cover abortions conflicted with a 2021 U.S... (more story)

Ex-NBA Guard Gets 18 Months In Healthcare Scheme

A former Detroit Pistons point guard was sentenced to 18 months in prison Tuesday after being convicted of one of two counts over an alleged scheme to defraud the NBA's healthcare plan, with a Manhattan federa... (more story)