Texas Lab, Investors To Pay $24M In COVID-19 Testing Scheme
Owners of a Dallas medical testing laboratory and their investors will altogether pay $24 million to resolve allegations that they ran afoul of the False Claims Act by submitting fraudulent claims to Medicare ... (more story)
Kirkland, Sullivan & Cromwell Steer $2B ArisGlobal Deal
Dassault Systèmes has agreed to acquire ArisGlobal, an AI-driven software provider for the life sciences industry, from private equity firm Nordic Capital for up to $2 billion, the companies said Thursday.
Fannie Mae Drops $28M Suit Over Senior Living Loans Default
Fannie Mae has voluntarily dropped the remaining claims in its lawsuit accusing borrower Affinity Living Communities of defaulting on $28.3 million worth of loans from the government-backed lender, telling the... (more story)
Boston Scientific Settles With Stryker In Spine Device IP Fight
Boston Scientific and Stryker Corp. have reached a settlement to resolve a case in New Jersey federal court over Stryker's alleged efforts to create a back pain device that infringed a Boston Scientific patent.
Safety-Net Clinics Defend Insulin Suit Revival To Justices
Safety-net healthcare providers urged the U.S. Supreme Court not to take on the revival of their proposed antitrust class action against Sanofi-Aventis, Eli Lilly, Novo Nordisk and AstraZeneca, arguing Wednesd... (more story)
Candid Health Wraps $120M Series D Funding Round
Autonomous revenue cycle management platform Candid Health, advised by Lowenstein Sandler LLP, on Wednesday revealed that it raised $120 million in its latest funding round, marking a three-times increase in v... (more story)