Cooley-Led Electra Therapeutics Prices Upsized $350M IPO
Cooley LLP-advised Electra Therapeutics, a venture-backed biotech firm developing antibodies for immune diseases and cancer, began trading Friday after raising $350 million in an upsized IPO.
Muscular Dystrophy Drug Co. Beats Investor Suit Over Risks
A Massachusetts federal judge denied investors another chance to rework their suit accusing Sarepta Therapeutics and its executives of misleading the market about the safety and efficacy of their muscular dyst... (more story)
Express Scripts Accused Of Shorting Independent Pharmacies
A dozen independent Arkansas pharmacies on Tuesday hauled Express Scripts into Missouri state court, accusing the pharmacy benefit management giant of continuously shorting them on prescription reimbursements ... (more story)
Insurers Can't Nix $195M Opioid Coverage Bid, Trustee Says
Chubb, Liberty Mutual and Lloyd's of London units and other insurers can't get off the hook for covering the remainder of third-party payor opioid lawsuits against Endo International, a representative for a tr... (more story)
Molina Escapes Investor Action Over Guidance Cuts, For Now
Health insurance provider Molina Healthcare and two of its executives have, for now, escaped a shareholder suit accusing them of misleading investors about medical costs and internal controls before the compan... (more story)
Cooley, Latham Prep Electra Therapeutics' $325M IPO Plan
Biotechnology firm Electra Therapeutics plans to make its public debut this week through an estimated $325 million initial public offering steered by Cooley LLP and Latham & Watkins LLP.