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TOP NEWS
DRUGS & DEVICES
Glenmark Pharma Beats Suit Over Recalled Cholesterol Drugs
By Rae Ann Varona
A New Jersey federal judge Wednesday tossed a proposed class action that accused drugmaker Glenmark Pharmaceuticals of falsely representing that its statin cholesterol drugs were safe and effective despite a recall over its manufacturing practices, saying plaintiff consumers' lack of actual economic or physical injury meant they couldn't sue.
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LEGAL INDUSTRY
GC Cheat Sheet: The Hottest Corporate News Of The Week
By Sue Reisinger
General counsel may cringe at the news, but their chief financial officers will rejoice over a new study that shows the average spending by legal departments dropped to a six-year low in 2026. And two in-house Cigna lawyers are at the center of a finding of "improperly asserted privilege" over key company documents related to a payment lawsuit brought by three labs.
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