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Drug & Device News
Is Drug Researcher Too Cozy With Manufacturers?
Responding to reports of possible conflicts of interest between a drug researcher at the National Cancer Institute and pharmaceutical companies, members of the House Energy and Commerce Committee in August reportedly sent a letter to the National Institutes of Health (NIH) asking for information about researchers' involvement with drug companies. (Willman, The Los Angeles Times, 8/10). There have been allegations that Thomas Walsh, the head of pediatric medical research at the National Cancer Institute, accepted consulting fees and/or research donations from drug manufacturers Merck and Fujisawa. He has also testified before government agencies on behalf of the two companies, something not generally allowed under federal law. The Congressional Committee has asked for several years' worth of Dr. Walsh's financial disclosure statements as well as documents setting out FDA policy on employees testifying on behalf of drug companies before the FDA and its advisory committees.
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Bankruptcy Sales: Finding a Diamond In the Rough
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
Judge Rules Shaquille O'Neal Will Face Securities Lawsuit for Promotion, Sale of NFTs
A federal district court in Miami, FL, has ruled that former National Basketball Association star Shaquille O'Neal will have to face a lawsuit over his promotion of unregistered securities in the form of cryptocurrency tokens and that he was a "seller" of these unregistered securities.
Why So Many Great Lawyers Stink at Business Development and What Law Firms Are Doing About It
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
Blockchain Domains: New Developments for Brand Owners
Blockchain domain names offer decentralized alternatives to traditional DNS-based domain names, promising enhanced security, privacy and censorship resistance. However, these benefits come with significant challenges, particularly for brand owners seeking to protect their trademarks in these new digital spaces.
Coverage Issues Stemming from Dry Cleaner Contamination Suits
In recent years, there has been a growing number of dry cleaners claiming to be "organic," "green," or "eco-friendly." While that may be true with respect to some, many dry cleaners continue to use a cleaning method involving the use of a solvent called perchloroethylene, commonly known as perc. And, there seems to be an increasing number of lawsuits stemming from environmental problems associated with historic dry cleaning operations utilizing this chemical.