Biden, McCarthy Forge Debt Deal in Bid to Avert US Default
White House and Republican negotiators reached a tentative deal late Saturday to raise the US debt ceiling and avert a default that threatened to send tremors through the global economy.
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Hedge Fund Armistice Must Face Vaxart Insider Trading Claims
Shareholders of Covid-19 vaccine developer Vaxart Inc. adequately stated insider trading and scheme participation claims against Armistice Capital LLC, a hedge fund linked to Vaxart, a federal court ruled.
Harvard, 10x Gene-Mapping Patent Cases Prompt Vizgen ‘Bombshell’
Courtroom attacks that 10x Genomics Inc. and Harvard College launched over gene-mapping technology patents have exposed the collaborators to “bombshell revelations”—uncovered by one of the defendants—that Harvard and 10x broke “long-hidden” promises to openly license “the fruits of government-funded biotechnology research.”
Mallinckrodt Lenders Pitch Restructuring as Opioid Payment Nears
A group of first-lien lenders to
Lexicon Gains After FDA Approves Inpefa for Heart Failure
Lexicon Pharmaceuticals said the FDA granted approval to its Inpefa (sotagliflozin) tablets for the treatment of heart failure.
Tennessee’s Covid Vax Objector Shield Not Barred by Federal Law
Clover Health Settles Investors’ Class Action for $22 Million
Clover Health Investments Corp. investors who alleged the Medicare Advantage-focused insurer misled them before going public asked a federal court to preliminarily approve a $22 million settlement.
Managed Care Workers Win $2.5 Million Overtime Settlement Nod
AmeriHealth Caritas Services LLC and service coordinators who say it failed to pay them overtime received court approval for a $2.5 million deal resolving their wage-and-hour suit.
South Carolina’s Six-Week Abortion Ban Blocked by State Court
South Carolina’s latest restrictions on abortion were blocked Friday, just one day after taking effect.
Indicted Health Care Executive Sues Over Medical Practice Ouster
A former senior executive at Synergy Health Partners Holdings LLC sued the orthopedic practice Friday for ousting him after he was indicted on federal conspiracy charges involving an alleged chiropractic kickback scheme.
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