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Avalanche Predicted for Healthcare Private Equity

BDO USA - Flushed with cash, investors continue to pour capital into their coffers, signaling an optimistic outlook for profitable opportunities. KKR’s $1.45 billion Health Care Strategic Growth Fund and Athyrium Capital Management LP and Neuberger Berman’s $2.025 billion healthcare fund are just two of the largest healthcare focused private equity funds to close recently. On the strategic side, recently announced megamergers, such as CVS’s agreement to acquire Aetna for a whopping $69 billion, will leave competitors with no choice but...

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From Geneva to Amelia Island: twin faces of a single passion

Pirelli - The passion for motors takes many different forms, spanning distant generations and drivers in search of a variety of different sensations and emotions, from the classic roar of a powerful engine to the latest hi-tech innovations. The most essential elements, shared by all, are a steering wheel (apart from driverless vehicles, that is), four wheels and a road. And the desire to get together to share a common ritual, seeing oneself mirrored in the ever-changing legend of the...

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U.S. Companies with Foreign Ownership Face Reporting Deadline

Cozen O'Conner - Background The BEA conducts a number of surveys to collect data on foreign direct investment in the United States. Reporting to the BEA is mandatory. Any data collected is confidential, and the reporting entity’s prior permission is required before the BEA can release it in any form that would allow the data of an individual reporting entity to be identified. Failure to participate in any mandatory survey may subject the entity and its directors, officers, and employees to...

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Commission report on patent settlement agreements

Houthoff - On 9 March 2018, the European Commission published its 8th monitoring report on pharmaceutical patent settlements. The monitoring process was launched in 2009 as a result of the pharmaceutical sector inquiry. The sector inquiry report indicated that settlement agreements that limit entry of generic medicines onto the market and include a value transfer from an originator company to one or more generic companies are an example of potentially anti-competitive agreements. Such agreements may have negative effects on consumers...

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Member News, News

Let’s Make a Deal: Europe and Latin America

BlueStar Strategies - In remarks before his trip to Latin America last month, U.S. Secretary of State Rex Tillerson mused about the importance of the Monroe Doctrine, which he called “as relevant today as the day it was written.” Latin American leaders and analysts were largely nonplussed by the Trump administration’s invocation of the nearly 200-year old policy, originally conceived to oppose any efforts by Europe to reassert power over its former colonies in the hemisphere. To be sure, the...

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Philips Lighting introduces LiFi: broadband data through light

Philips Lighting - Philips Lighting introduces LiFi: broadband data through light French company Icade pilots Philips LiFi-enabled luminaires at its smart office in Paris Secure and highly stable high-speed Internet connection without compromising light quality First major lighting company to LiFi-enable regular office luminaires Philips Lighting (Euronext: LIGHT), the world leader in lighting, is now offering Light Fidelity (LiFi), a technology in which high quality LED lighting provides a broadband Internet connection through light waves. As the lighting company for...

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EU plans retaliatory measures as it attempts to dodge incoming US tariffs and other EU news from the Vulcan View

Vulcan Consulting - UNITED KINGDOM   British – Russian diplomatic feud descends over accusations of spy poisoning   The British government has formally accused the Kremlin of poisoning a former Russia spy and his daughter in Salisbury, England last week. The target, Sergei Skripal, was part of an exchange of a spies between Russia and the UK several years ago but is now in a critical condition in hospital after being poisoned by a nerve agent called Novichok. With all indications pointing to Moscow,...

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3 reasons why Lisbon is booming

aciep - Portugal Global Trade and Investment Agency After a few years as the new European home of choice for millennials, it would seem that Berlin’s bubble has burst. While the number of Brits in the city increased by 79% between 2000 and 2016, last year’s Nestpick survey of the best cities for millennials saw Amsterdam ranked top, with Berlin nestled at number two. One particularly unexpected entry in the top 5, however, was the Portuguese capital Lisbon.Lisbon’s high placement on the list may be...

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Brexit News, Member News, News

Staying ahead of disputes in Europe

Osborne Clarke - US businesses operating in Europe will have no shortage of legal, political and commercial issues on their plate right now, from the implementation of the GDPR and a host of consumer-focussed regulation to the implications of Brexit. So there can be a temptation not to get hung up on ‘boilerplate’ issues like governing law or jurisdiction of contracts. But disputes occur for all sorts of (often unforeseeable) reasons, and what has been agreed in the contract can...

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New York Related News

Governor Cuomo Announces Grand Opening of Burgard High School’s Advanced Manufacturing Labs

Governor Andrew M. Cuomo today announced the grand opening of a new state-of-the-art Welding Lab, and renovations of the existing Machine Tool Lab and Auto Lab at Burgard High School in Buffalo. The $3.2 million Buffalo Billion initiative lead by Alfred State College provides the high-tech tools students need to train for careers in welding, automotive and other cutting-edge careers. "Education is the first step of workforce development, and New York will continue to equip our young people with the...

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