Insights: Clients

Mergers & Acquisitions

The EC will soon decide whether to issue a formal statement of objections (SO) against the deal. An SO typically issues on or around the 40th business day of the EC’s review, which would be October 10th in this case. The M&A publication Dealreporter reported today that the case team reviewing the transaction has found no basis for an SO and has...

Drug Pricing/Most-Favored Nation Pricing (MFN)

HHS has submitted a Notice of Proposed Rulemaking (NPRM) entitled “Global Benchmark for Efficient Drug Pricing (GLOBE) Model” – presumably outlining a CMS Innovation Center (CMMI) model testing MFN pricing – to the White House’s Office of Information & Regulatory Affairs (OIRA) for review. This is the final step before a regulation is formally...

Drug Pricing/TrumpRx (Direct-to-Consumer)

The Trump administration is considering creating a government-run website which would facilitate the purchase of certain pharmaceuticals by consumers at discounted cash prices – a direct-to-consumer (DTC) construct that would presumably bypass pharmacy benefit managers (PBMs) and/or insurance companies. The plan has not yet been finalized and is...

Pharmaceutical Tariffs

President Trump yesterday posted... "Starting October 1st, 2025, we will be imposing a 100% Tariff on any branded or patented Pharmaceutical Product, unless a Company IS BUILDING their Pharmaceutical Manufacturing Plant in America. “IS BUILDING” will be defined as, “breaking ground” and/or “under construction.”

Tech / Media / Telecom

Antitrust (Google, Meta, Apple, Amazon)

The DOJ’s antitrust actions against Google have continued to advance this month. Earlier this month, the District Court for D.C. issued a series of remedies against Google following its finding last summer that the company illegally maintained a monopoly in the “general search services and general text advertising” markets. And this week, the...

Tech / Media / Telecom

Tech Workforce/H-1B Visas

Late last week, President Trump signed an Executive Order (EO) imposing a new, incremental $100,000 fee for H-1B petitions. Two days later, the Department of Homeland Security (DHS) – as directed by the EO – issued a proposed rulemaking to implement a weighted selection process that would generally favor the allocation of H-1B visas to higher...