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BioWorld - Friday, February 27, 2026
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Arthrex hit with $16M settlement over allegations of kickbacks

Nov. 9, 2021
By Mark McCarty
Arthrex Inc., of Naples, Fla., is well known for lobbing a legal hand grenade into the inter partes review (IPR) process for patent disputes, but the company is now drawing ink for a different legal reason. According to the U.S. Department of Justice (DoJ), Arthrex has agreed to pay $16 million to settle allegations that it engaged in kickbacks to a surgeon, payments ostensibly made to pay for assistance with device design, but which the DoJ claims were intended to induce the surgeon’s use and endorsement of Arthrex products.
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Medicare puzzle

Ten US senators press CMS to resurrect rule for Medicare breakthrough device coverage

Nov. 9, 2021
By Mark McCarty
The U.S. Centers for Medicare & Medicaid Services (CMS) has withdrawn the proposal to provide automatic Medicare coverage of FDA breakthrough devices, but the proposal may not be as dead as it once seemed.
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Hedge fund adviser liable for securities fraud against Ligand

Nov. 8, 2021
A U.S. district court jury in Boston found Nov. 5 that Gregory Lemelson and Massachusetts-based Lemelson Capital Management LLC made fraudulent misrepresentations about Ligand Pharmaceuticals Inc. to drive down the San Diego company’s stock price.
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Fed Circuit: Venue in Hatch-Waxman not a policy choice

Nov. 8, 2021
By Mari Serebrov
The U.S. Court of Appeals for the Federal Circuit once again shot down an effort to broaden where Hatch-Waxman suits can be filed.
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Covaxin gets nod from WHO as CDC endorses Pfizer’s COVID-19 vaccine for children

Nov. 3, 2021
By Lee Landenberger
A few hours after the U.S. CDC Advisory Committee on Immunization Practices’ Nov. 2 recommendation to allow children ages 5 through 11 to be administered Pfizer Inc. and Biontech SE’s COVID-19 vaccine, Comirnaty (tozinameran), the agency’s director, Rochelle Walensky, endorsed the recommendation. The recommendation came as the World Health Organization (WHO) expanded the COVID-19 vaccines it recommends in the fight against the pandemic by endorsing Bharat Biotech International Ltd.’s Covaxin.
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Dollar signs in blister packs

US drug pricing reforms back in the budget picture

Nov. 3, 2021
By Mari Serebrov
It looks like direct Medicare drug price negotiations are back in the U.S. fiscal 2022 budget bill. Nearly a week after President Joe Biden dropped drug pricing reforms from his Build Back Better budget framework, congressional Democrats came together on a scaled-back version of the pricing provisions originally included in H.R. 3.
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Pills spilling out of prescription bottle

BSUFA III geared to spur the potential of interchangeables

Nov. 2, 2021
By Mari Serebrov
With the U.S. biosimilar pathway clearly developed, industry and the FDA are turning their attention to interchangeables in the third iteration of the biosimilar user fee agreement (BsUFA).
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CDC advisory committee recommends Pfizer-Biontech COVID-19 vaccine for children

Nov. 2, 2021
By Lee Landenberger
In a move that had been expected, the CDC’s Advisory Committee on Immunization Practices unanimously recommended the Pfizer Inc.-Biontech SE COVID-19 vaccine as safe and beneficial for children ages 5 through 11. The recommendation, coming from a 14-0 vote, is the committee’s way of reassuring the American public that the vaccine is safe, according to committee member Beth Bell, clinical professor in the School of Public Health at the University of Washington in Seattle.
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Architectural pillars

DoJ signals more aggressive disclosure policy for corporate misconduct prosecutions

Nov. 1, 2021
By Mark McCarty
The U.S. Department of Justice (DoJ) reported a new set of policies dealing with federal prosecutions of corporate misconduct that includes a far-reaching policy on disclosure. Deputy attorney general Lisa Monaco announced Oct. 28 that companies will have to disclose all non-privileged information in connection with alleged misconduct rather than just information regarding those who were “substantially involved.”
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Former sales rep gets prison time for fraud conviction

Nov. 1, 2021
A former sales rep for Cambridge, Mass.-based Aegerion Pharmaceuticals Inc. was sentenced Oct. 28 to 54 months in prison and three years of supervised release for a scheme to defraud insurance companies and boost his bonuses for sales of Aegerion’s cholesterol drug, Juxtapid (lomitapide).
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