
Agtech
Agtech has advanced the way agricultural industry approaches all aspects of the supply chain: upstream at the farm, midstream with the processor, and downstream with the consumer. Agtech tools, including improved data management, labor saving technologies, and higher quality inputs and seed traits, help farmers sustain healthy soils, increase crop production, and bolster the broader agricultural industry.
Agribusiness is increasingly global. With offices in Europe, the Middle East, the United States, Latin America, Australia, and Asia, our team represents a wide range of agribusinesses, including agtech companies, in key markets worldwide. The scope of our international reach allows us to do cross-border consultation and serve clients in a variety of subject matters from mergers and acquisitions, licensing, and finance to intellectual property, antitrust, and regulatory issues.
Our team also has lawyers with scientific, technical, regulatory, and operational backgrounds in the agriculture and food sectors. Our understanding of public policy and regulations, coupled with governmental experience, gives our clients an important edge when dealing with regulatory agencies involved in the agtech sector.
On February 28, 2019, the staff of the Division of Investment Management of the U.S.
On 23 December 2020, Judge Catherine Blake of the U.S. District Court for the District of Maryland granted the Pharmaceutical Research and Manufacturers of America (PhRMA) a 14-day nationwide temporary restraining order, preventing the Centers for Medicare and Medicaid Services (CMS) from implementing and enforcing its Most Favored Nation (MFN) interim final rule (MFN Rule) scheduled to take effect on 1 January 2021.
Following earlier announcements as to the efficacy of vaccine trials by pharmaceutical companies Pfizer, Inc. (Pfizer) and Moderna, Inc. on November 20, 2020, Pfizer and BioNTech submitted applications for emergency use authorization to the U.S. Food and Drug Administration (FDA) for their COVID-19 vaccinations.
This alert provides a brief overview of the final rules and the potential policy tools available to the Biden administration should it seek to revisit them.