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Dialysis & Nephrology Digest – December 2023
Fresenius continues business consolidation with sale of fertility business for $545M – A consortium consisting of KKR portfolio company IVI RMA and Spanish PE firm GED Capital agreed to pay €500 million for Eugin Group, Fresenius’ fertility business. Closing of the transaction is expected to take place in Q1 2024. Fresenius purchased the company three…
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The FTC Amends Safeguards Rule to Require Non-Banking Financial Institutions to Disclose Certain Security and Data Breaches
On October 27, 2023, the Federal Trade Commission (“FTC”) approved an amendment to the Safeguards Rule that requires non-banking financial institutions (e.g., mortgage companies, mortgage brokers, and creditors) to notify the FTC when certain data breaches and other security events occur. The Safeguards Rule, promulgated by the FTC in 2002, has long required non-banking financial…
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HHS Announces Planned Cybersecurity Initiatives for Healthcare Sector
The U.S. Department of Health and Human Services (HHS) has announced a plan to provide resources and incentives for the healthcare industry to adopt cybersecurity measures and to increase potential regulatory penalties for cybersecurity breaches amid growing data security risks to hospitals and health systems….By: Ogletree, Deakins, Nash, Smoak & Stewart,
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Stelara® Biosimilar Updates: IPR Petition Challenging U.S. Patent No. 10,961,307 Filed and SB17 Settlement and Launch Date Announced
On November 22, 2023, Biocon Biologics Inc. (“Biocon”) submitted a Petition for Inter Partes Review of claims 1-34 of U.S. Patent No. 10,961,307 (“the ’307 patent”), assigned to Janssen Biotech, Inc. (“Janssen”), requesting that trial be instituted and the challenged claims cancelled. Biocon Biologics Inc. v. Janssen Biotech, Inc., IPR2023-01444……By: Venable LLP
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Technocat Tidbits: Concept Clustering and eDiscovery
When facing a modern Electronic Discovery (eDiscovery) project it can feel like you’re drowning in a sea of legal documents. Desperately seeking that lifeboat of insight. Well, have a life preserver just for you! The unsung hero of legal data analysis: concept clustering is your secret weapon, turning data set chaos into clarity. Or at…
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Calculating Damages in a Slip and Fall Case
When you have a slip and fall case, you need to make informed decisions. One of the most important decisions you may need to make is deciding when (and if) to settle your case. Knowing whether to accept a settlement offer starts with understanding how much you are entitled to recover….By: Searcy Denney Scarola Barnhart…
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Americold Logistics Notifies 129,611 Individuals of Data Breach Stemming from April 2023 Cyberattack
On December 8, 2023, Americold Realty Trust, Inc. d.b.a. Americold Logistics LLC (“Americold”) filed a notice of data breach with the Attorney General of Maine after discovering that an unauthorized party was able to access portions of the company’s computer network. In this notice, Americold explains that the incident resulted in an unauthorized party being…
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Norton Healthcare Announces Data Breach Affecting 2.5m Patients Following Ransomware Attack
On December 8, 2023, Norton Healthcare, Inc. filed a notice of data breach with the Attorney General of Maine after learning about a May 2023 ransomware attack targeting certain network storage devices containing confidential information. In this notice, Norton explains that the incident resulted in an unauthorized party being able to access consumers’ sensitive information,…
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Israel-Hamas War: Israel Says Attacks at Lebanese Border Demand Response
An Israeli official said skirmishes on the border with the Iran-backed Hezbollah militia needed to end, but it wasn’t clear how Israel would achieve that objective.
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As Zelensky Heads to Washington, Russia Targets Kyiv With Missiles
The Ukrainian leader will be appealing for more military support from the United States as an emboldened Russia steps up its attacks on his country.
