The US dollar is trading higher against nearly all the currencies. Equity markets are mixed and bond yields are lower alongside oil prices. There are two major developments.  First, the US and Canada trade talks broke down, and the risk is further escalation. Last week, President Trump has granted Canada a three-day grace period from the 50% tariffs on $20 bln of Canadian goods, even those that were protected by the USMCA saying a deal was struck. Canadian Prime Minister...

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The European Union has laid the foundations for a new system for health data. After years of political wrangling, the European Health Data Space (“EHDS”) Regulation has now entered into force. This creates a framework to improve access to electronic health data and facilitate its use for research, innovation and regulatory purposes across the EU. For life sciences companies, universities, NHS partners, CROs and technology transfer offices, this is not simply a regulatory change. It has the potential to change...

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With highly contested midterm elections less than three months away, investment advisers must be aware of, and pay close attention to, the Securities and Exchange Commission’s (SEC) pay-to-play rule governing their business, SEC Rule 206(4)-5. The rule provides that when investment advisory firms and their covered associates make political contributions to certain candidates, the firms are prohibited from providing services for compensation to the governmental entities that the candidates can control or exert influence over. The rule also prohibits...

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