Jeffrey A. Newman As of this week, the FDA has ordered that compound pharmacies stop selling copycat medications for weight loss including semiglutide, Ozempic, Wego,Monjaro,Zepbound and Tirzepitide. Compound pharmacies mix ingredients of a drug to create a version for specific patients. When drugs are in shortage, they mmay...

Jeffrey A. Newman The Chinese government has delayed approval of contruction of a new plant in Mexico for BYD the largest maker of China's electric vehicles. The concern, according to published articles is that the proprietary technology could find its way intot he U.S. BYD has international construction...

Jeffrey A. Newman For me, the most interesting article in the last few months was published today in FierceBiotech at 11 am, written by Conor Hale. https://www.fiercebiotech.com/medtech/synchron-and-nvidia-set-sights-ai-model-trained-direct-brain-activity?utm_medium=email&utm_source=nl&utm_campaign=LS-NL-FierceMedTech&oly_enc_id=1561B4050334F3FNvidia, in collaboration the brain computer interface company Synchron is working on neural reading AI programming. According to the article, Synchron's founder/CEO...

Jeffrey A Newman The FBI has issued a warning to the public about counterfeit compounded weight loss drugs on the market that claim to contain semaglutide, the active ingredient in Osempicand Wegovy two prescription medicationsfor weight loss. The notice posted on the FBI website says that the fraudulent drugs purporting to contain semaglutide have...

By Jeffrey A. Newman China is the world's leading supplier of advanced electric grid components for ultrea high voltage systems including transformers, crcuit brekakers and inverters. Last year, the Wall street Journal wrote that U.S. officials seized a Chinese-built transformer that was suspected to distance adversaries to monitor and...

A Texas Pharmacist Dehshid Nourian was sentenced last month to 17 years and six months in federal prison for his part in a major healthcare fraud scheme involving three pharmacies in Texas. He was ordered to pay $115 million in restitution for his role in the $145 fraud...

Jeffrey A. Newman United States businesses are facing a daunting task in protecting their intellectual property from the Chinese Government, especially in joint ventures including in the biotech industry and in pharmaceutical development. According to press reports, U.S. intelligence officials have informed members of Congress that Chinese entities are...

Now that the Adminstrations new tariffs against Canada, Mexico and China are in effect, many U.S. importers may face complex issues in complying with the payment systems required for the import duties. The volume of the goods covered by the tariffs on imports from those companies for example are significant. Last year...

Alot. Here is just one example of a company that paid $22.2 Million to settle its False Claims Act case: Linde GmbH and its U.S. subsidiary Linde Engineering North America LLC (LENA) (together, “Linde”) have agreed to pay the United States more than $22.2 million to resolve allegations that...

According to recent reports in the Wall Street Journal and other news sources, buyers in China are actively evading U.S. export controls ordering Nvidia's top articifial intelligence chips. The buyers are routing them through third parties in Vietnam, Taiwan and Malaysia. It is unclear how much Nvidia knew or should know about...