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Trump’s Truth Social facing a key funding deadline
With the merger stalled for months, Digital World is fast approaching a Sept. 8 deadline for the merger to close and has scheduled a shareholder vote for Tuesday to extend the deadline another year.
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McCain’s political heirs carry on his fight against Trumpian isolationism
The institute bearing John McCain’s name says the Republican Party’s retreat from its strong national security stance would shock the senator if he were alive.
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Trump lawyers evoke 1931 trial of ‘Scottsboro boys’ in election case
In 1931, nine Black teens were wrongfully convicted of raping two White women. Trump’s lawyers cited the case in their unsuccessful bid to delay trial until 2026.
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Biden Struggles to Make ‘Bidenomics’ a Plus, Not a Minus
Wages are up, inflation has slowed and the White House has a new slogan. Still, President Biden’s poor marks on the economy are making Democrats worried.
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In Florida, Even a Hurricane Can’t Sweep Away Presidential Politics
President Biden said he would meet with Gov. Ron DeSantis of Florida during a visit to tour the aftermath of Hurricane Idalia. An aide to the governor said he had no such plans.
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Update Future Financing Act – Focus on Financial Supervisory Law
With the ambitious goal of strengthening the performance of the German capital market and increasing the attractiveness of Germany as a financial location in the European financial center, the draft bill for a law on the financing of future-proof investments (“Draft Bill”) was published by the Federal Ministry of Finance and the Federal Ministry of…
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Venture Capitalist Funding in Medtech Increasing
Recent reports, including one by PitchBook, indicate that both venture capitalist funding for medtech companies and the variety of medtech companies receiving venture capitalist funding has increased since the first quarter of 2023. While venture capitalist funding for medtech companies is currently predicted to remain below the funding levels seen in 2022 and the record…
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Healthcare Regulatory Check-up Newsletter | July 2023 Recap
This issue of McDermott’s Healthcare Regulatory Check-Up highlights significant regulatory activity for July 2023. We discuss several criminal and civil enforcement actions that involve violations of the False Claims Act (FCA) and the Anti-Kickback Statute (AKS). We also review several major reimbursement regulatory updates and a recent advisory opinion issued by the Office of the…
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Two new FDA Drug Supply Chain Security Act Guidances to help Pharmaceutical Supply Chain Partners Comply with the DSCSA’s move to Electronic Tracking
The DSCSA, enacted in 2013, requires entities in the pharmaceutical supply chain to implement security measures to prevent the introduction of counterfeit and illegitimate drugs into the market. One of these measures is the requirement to track the movement of prescription drugs electronically at the package level….By: Nelson Mullins Riley & Scarborough LLP
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More Guidance Released from FDA for Drug Supply Chain Security Act Compliance
The Food and Drug Administration (“FDA”) released additional guidance documents on Wednesday, August 30th pertaining to the enhanced drug distribution security requirements under the Drug Supply Chain Security Act (“DSCSA”)….By: Quarles & Brady LLP