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Navigating the complex intersection of the life sciences industry and insurance

 

Through engaging articles from our industry experts, learn about cutting-edge research, breakthrough discoveries, regulatory compliance, risk management strategies, and much more.

Blog content is current only as of the publication date and may become outdated as laws, regulations, and industry practices evolve. This blog is for general informational purposes only and is not intended as legal or other professional advice. Links to third party websites are provided for convenience only and do not constitute an endorsement of any third-party products, services, or opinions. Berkley Life Sciences is not responsible for the content of external sites. Views expressed are those of the individual author and do not necessarily reflect the views of any Berkley company.

Our most recent News Releases

An Introduction to Innovator Liability: Brand-Name Responsibility for Generic Drug Failure to Warn Injuries

Several prescription drugs in pill form on a table with a judge's gavel

Innovator liability is a legal theory under which a consumer seeks to hold the brand-name manufacturer of a drug (the “innovator”) responsible for an injury that was caused by the generic version of that drug. This novel approach to injury culpability has gained modest ground in recent years, despite its departure from long-standing product liability principles and case precedent. The following feature offers a general overview of the concept of innovator liability, its origins and legal status in the U.S., arguments for and against its use and success, and its potential impacts on drug manufacturers and the pharmaceutical industry.


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Melatonin: The Benefits vs. the Risks of the Dietary Supplement

Melatonin molecular structure

Melatonin was first identified by Aaron B. Lerner, an American physician and dermatologist at Yale University, in 1958. Dr. Lerner and his colleagues were initially investigating a cure for vitiligo, an autoimmune disorder characterized by the loss of skin pigmentation. Although the experimentation failed to find a cure for skin disorders, subsequent research revealed that the compound melatonin did have a profound impact on the brain and neuroendocrine systems. The discovery paved the way for melatonin's widespread use as a sleep aid for humans.


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The Risks of Employees Driving in Foreign Territories

A plethora of various road and traffic signs layered on top of eachother

The hazards of driving increase when you or your employees drive in unfamiliar territory. This is especially true when driving in foreign territories without knowing the driving rules and habits within the country. Being unfamiliar with local regulations, failing to adhere to them, or making incorrect assumptions increases the likelihood of accidents.


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Organ Chip Technology

Three Organ on a Chip devices

Life science companies seeking FDA approval must not only establish a new medicine’s efficacy but also comply with rigorous safety protocols and procedures. The process is time-consuming and costly: the financial burden associated with developing and securing market approval for a new compound is estimated at $2.5 billion and can take over a decade, with failure possible at any stage in the process. Seeking to reduce the staggering cost and accelerate the approval time frame, many researchers are exploring an exciting, new methodology as an alternative to traditional pre-clinical studies: "organ-on-a-chip"


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Gene Therapy: Challenges and Regulatory Developments

A syringe injects substrate into a fragmented piece of DNA

Our last gene therapy article highlighted several novel cures for rare, life-threatening illnesses using gene therapy technology. Many more treatments based on gene therapy are in the clinical trial phase. Despite the remarkable results thus far, significant challenges lie ahead. As with any new treatment modality, scientists must be cautious in their approach, carefully studying the potential side effects in the short and long term. Unlike conventional treatments, gene therapy research raises unique economic, distribution, and manufacturing concerns. Below, we will discuss the medical and social hurdles posed by gene therapy research and commercialization, and the nascent regulatory response underway to help move this new frontier of medicine forward in a safe and ethical manner.


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Staying Ahead in Life Sciences: 2023 in Review and 2024 Trends – Part 3

A balanced scale surrounded by various molecular and DNA structures

The final article of this three-part series will focus on recalls, regulatory updates, and what to watch for in 2024.


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Staying Ahead in Life Sciences: 2023 in Review and 2024 Trends – Part 2

A balanced scale surrounded by various molecular and DNA structures

Part Two of this series will focus on defense decisions and key case law developments


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Staying Ahead in Life Sciences Litigation: 2023 in Review and 2024 Trends – Part 1

A balanced scale surrounded by various molecular and DNA structures

Part 1 of this series will focus on Multi-District Litigation (MDL) and nuclear verdicts and their impact on product liability cases of interest to life science organizations.


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Medical Devices Powered by Lithium-ion Batteries: Safety Considerations

Web graphic: Lithium Ion Batteries, Lithium ore, and the Lithium element from the periodic table

The development of lithium-ion batteries, also known as “Li-ion” batteries, has brought game-changing portable, rechargeable power to a vast array of products, including modern-day smartphones and electric cars. The life science industry has taken notice: many medical devices, ranging from electric wheelchairs to defibrillators to oxygen concentrators, have been designed to work with lithium-ion batteries. While the efficiency and longevity of such batteries can be extremely beneficial and, in some cases, lifesaving, their use comes with safety trade-offs over traditional batteries. Medical device manufacturers must consider these trade-offs carefully when electing lithium-ion batteries as the power source for their products.


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“Nuclear” Verdicts Go “Thermonuclear”: What is the Impact on Life Science Companies?

A pill with four electron paths surrounding it to symbolize an atom

Researchers studying litigation in the United States over the past several decades have coined the phrase "nuclear” verdict to mean a jury award exceeding $10 million. There is no question that over the past twenty-plus years, the number of nuclear verdicts, and the amounts awarded, have increased exponentially, to the extent that one self-described independent communications and research firm, Marathon Strategies, has coined the term “thermonuclear” verdict, which is a jury award that surpasses $100 million. Researchers speculate that such verdicts can drive up the price of goods and services, adversely affect the cost and availability of insurance, and undermine fundamental fairness and predictability in the rule of law.


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