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LIFE SCIENCES |
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TOP NEWS Out-Of-State Drugs Can Be Taxed, Minn. High Court Rules
Minnesota can apply its drug tax to pharmacies outside the state that deliver prescription drugs into Minnesota, the state’s highest court ruled Wednesday.
Ex-Katten Atty Loses Bid To Dodge Shkreli Fraud Charges
A New York federal judge on Tuesday refused to let former Katten Muchin Rosenman LLP attorney Evan Greebel duck charges that he aided now-imprisoned former pharmaceutical executive Martin Shkreli in defrauding Retrophin Inc., finding that the jury had plenty of reasons to convict the corporate lawyer.
Blackstone Pours $400M Into Chinese Pharma Co.
Blackstone Group LP has agreed to invest $400 million in Hong Kong-listed YiChang HEC ChangJiang Pharmaceutical Co. as the drug company looks to acquire new drugs and other products and the investment firm ramps up its investment activities in Asia.
Rising Star: Sidley Austin's Benjamin M. Mundel
Benjamin M. Mundel of Sidley Austin LLP has helped on unique cases for a wide variety of pharmaceutical clients over his career, including his current role leading Exeltis USA in a suit concerning a drug database's coding for Exeltis' prescription prenatal vitamins, earning him a spot as one of five life sciences law practitioners under age 40 honored by Law360.
Masimo, Dominion Settle Suit Over Blood Monitoring Patent
A California federal judge has dismissed an infringement suit Dominion Assets LLC brought against rival Masimo Corp. over noninvasive blood monitoring intellectual property, after the two companies told the court they reached a settlement.
Diagnostics Co. Investors Fight Bid To Nix Stock-Drop Suit
A proposed class of investors urged an Ohio federal judge Tuesday not to drop its suit alleging Meridian Biosciences Inc.'s cover-up of crucial flaws in the product line of a recently acquired test systems business led to a stock drop, saying the company is only trying to distract the court with its dismissal bid.
Makah Indian Tribe Hits Pharma Cos. With Opioid Crisis Suit
The Makah Indian tribe on Tuesday hit a host of drug manufacturers and distributors with a federal lawsuit, accusing them of promoting and dispersing prescription opioid drugs without concern for the consequences, becoming the latest tribe to sue over the opioid epidemic.
Cabot Inks $1.6B Cash-And-Stock Deal For Chemicals Co.
Semiconductor industry supplier Cabot Microelectronics Corp. has agreed to buy Fort Worth, Texas-based specialty chemicals company KMG Chemicals Inc. in a cash-and-stock deal that boasts an enterprise value of roughly $1.6 billion, the companies announced Wednesday.
Davis Polk, Cooley Steer ViewRay's $150M Follow-On Offering
ViewRay Inc., a medical technology company that specializes in MRI and external-beam radiation therapy for simultaneous imaging and treatment of cancer patients, on Wednesday said it will raise an additional $150 million through a follow-on offering that will be guided by Davis Polk & Wardwell LLP and Cooley LLP.
Ensnarement — A 2nd Bite At The Noninfringement Apple
Ensnarement is a potent defense to a finding of infringement under the doctrine of equivalents, as seen last month when a Massachusetts federal court granted Celltrion’s motion for summary judgment of noninfringement, holding that Janssen’s proposed hypothetical claims ensnared the prior art, say Brian D. Coggio and Ron Vogel of Fish & Richardson PC.
Feature Thinner ABA Still 'Voice Of All Lawyers,' New Prez Contends
Newly confirmed American Bar Association President Bob Carlson says his organization, which has faced declining membership, is still the "voice of all lawyers," something he believes entails speaking out against those who "mock due process, mock or ridicule equal justice under the law, and try to marginalize lawyers, judges and the press." Ogletree Must Show Judge Contract In Atty Gender Bias Suit
A California federal judge said Wednesday that he will need to see Ogletree Deakins Nash Smoak & Stewart PC's contract with a former nonequity shareholder before deciding whether to transfer her proposed gender bias class action, send it to arbitration or keep it in his court. NRA Atty Faces Scrutiny After Not Disclosing Sanction
National Rifle Association lawyers will have to answer for the accuracy of a well-known Texas litigator's application to represent it in a dispute with an insurance broker in Virginia federal court, where a judge ordered a hearing on the submission after learning that it didn't mention a past sanction for allegedly trying to influence potential jurors. Was Kavanaugh Starr's Leaker? Watchdog Wants To Know
A government transparency group asked the chief judge of the D.C. federal trial court Tuesday to unseal a report allegedly documenting press leaks by Independent Counsel Ken Starr's office in the late 1990s, arguing the public needs to know if U.S. Supreme Court nominee Brett Kavanaugh, one of Starr's deputies, was involved in the alleged misconduct. Kavanaugh Courts Dem Senators Who Backed Gorsuch
U.S. Supreme Court nominee Brett Kavanaugh sat down Wednesday with two more red state Democratic senators who the White House is hoping will once again vote to confirm President Donald Trump’s choice for the nation’s top bench, but it’s unclear if the charm offensive will work this time. Q&A Law Firm Leaders: Holland & Knight's Steven Sonberg
Steven Sonberg has served as managing partner of Holland & Knight LLP for the past 10 years. During that time the law firm has grown significantly, adding 11 offices, increasing its revenue by more than 50 percent and doubling its profits per partner. Rebuttal Judges Can Demand Diversity In Rule 23(g) Applications
A recent Law360 guest op-ed criticized the judge in the Chicago Board Options Exchange antitrust litigation for requesting more diversity in plaintiffs’ lead counsel applications. The author’s argument misinterprets the Federal Rules of Civil Procedure and reinforces archaic misconceptions about women and minorities in the courtroom, say Kellie Lerner and Chelsea Walcker of Robins Kaplan LLP.
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