Cooley Receives Multiple Life Sciences Awards

New York – September 5, 2025 – Two Cooley life sciences attorneys received awards from LMG Life Sciences in its 13th annual Americas Awards program. The firm’s Washington, DC-based Eric Greig was named Regulatory Attorney of the Year for Pricing and Reimbursement. Greig recently joined the firm as a partner advising clients on healthcare regulatory, market access and reimbursement strategies across the pharmaceutical, medical device, digital health, biotechnology and healthcare services…

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PaaS, IaaS or SaaS – Be Aware: New Switching Rules Will Become Applicable in EU

Key takeaways for cloud, SaaS, edge and other digital service providers Introduction On September 12, 2025, sweeping new rules under the EU Data Act (Regulation (EU) 2023/2854) will become applicable, introducing significant new obligations for cloud service providers in the European Union (EU), particularly around interoperability, termination rights and switching between providers. These rules are designed to make it significantly easier for customers of data processing services to switch between…

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Cooley Advises Uber on $2.25 Billion Investment-Grade Bond Offering

San Francisco – September 8, 2025 – Cooley advised Uber Technologies (NYSE: UBER), a technology platform that uses a massive network, leading technology, operational excellence and product expertise to power movement from point A to point B, on its $2.25 billion investment-grade bond offering. Lawyers Mischi a Marca, Jason Savich and Matt Kong led the Cooley team advising Uber on debt matters, while Eric Blanchard, Carlos Ramirez, Siana Lowrey, David…

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Infleqtion to Go Public Through Merger With Churchill Capital Corp X

Colorado – September 8, 2025 – Cooley advised Infleqtion, a global leader in neutral atom-based quantum technology, on its definitive business combination agreement with Churchill Capital Corp X, with the aim to accelerate Infleqtion’s mission to commercialize quantum products that provide orders of magnitude improvement in computing and precision sensing applications. The business combination values Infleqtion at a pre-money equity value of $1.8 billion and is expected to provide more…

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Maryland’s Unique State Privacy Law Takes Effect October 1 – What You Should Know

On October 1, Maryland’s law may be the last US state comprehensive privacy law to take effect in 2025, but it certainly is not least. While the Maryland Online Data Privacy Act of 2024 (MODPA) mirrors existing US state comprehensive privacy laws in many ways, certain key differences may pose unusual and operational challenges for businesses subject to the law, some of which we outline below. Lower thresholds and narrower…

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Property Finder Announces $525 Million Strategic Investment Led by Permira and Blackstone

London and Singapore – September 9, 2025 – Property Finder, a top property portal in the Middle East and North Africa, announced a combined investment of $525 million, led by funds managed by Permira and Blackstone. As part of the transaction, General Atlantic, which had been a cornerstone investor of Property Finder, undertook a secondary sale of part of its stake. Cooley advised Michael Lahyani, the founder and CEO of Property…

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China’s Biotech Industry Is on the Rise. Will It Reshape US Pharma?

Cooley partner Lila Hope was quoted extensively in a Chemical & Engineering News article about the new life sciences and biotech companies in China and her optimistic outlook on the US biopharmaceutical industry. Read the article This content is provided for general informational purposes only, and your access or use of the content does not create an attorney-client relationship between you or your organization and Cooley LLP, Cooley (UK) LLP,…

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Tourmaline Bio Enters Into Agreement to be Acquired by Novartis

New York – September 9, 2025 – Cooley advised Tourmaline Bio (NASDAQ: TRML), a late-stage clinical biotechnology company developing transformative medicines that establish new standards of care for patients with life-altering inflammatory and immune diseases, on its merger agreement with Novartis. Under the terms of the agreement, Novartis will acquire Tourmaline for $48 per share in cash at closing, or a total equity value of approximately $1.4 billion. Completion of…

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MAHA Targets Social Media in Push for Tighter Controls Over Direct-to-Consumer Pharmaceutical Advertising

The Make America Healthy Again (MAHA) Commission released the Make Our Children Healthy Again Strategy (MAHA Strategy) this week. The MAHA Strategy, a cornerstone of the MAHA movement championed by Secretary of Health and Human Services Robert F. Kennedy, Jr. and embraced by President Donald Trump in Executive Order 14212, “Establishing the President’s Make America Healthy Again Commission,” outlines more than 120 initiatives, including one focused on curbing misleading direct-to-consumer…

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D-day for New ‘Failure to Prevent’ Offense

Tom Epps, white collar defense and investigations partner at Cooley, was quoted in The Law Society Gazette about the entry into force of the “failure to prevent fraud” offense under the UK Economic and Corporate Transparency Act 2023. In the article, Epps describes the act as a “landmark piece of legislation,” emphasizing its potential to significantly strengthen UK enforcement capabilities against fraud and other economic crimes. He also predicts a…

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Fed Signals Fraud a Top Priority in Special Compliance Outlook Issue

The Federal Reserve (Fed) has devoted its entire Second Issue 2025 of Consumer Compliance Outlook (Outlook) to fraud – a rare, single-topic focus that underscores regulators’ and industry’s heightened concern for addressing financial fraud. The Outlook’s special fraud issue was published amid sharply rising fraud and scam losses. US consumers reported $12.5 billion lost to fraud in 2024, a 25% jump from 2023. Banks are feeling the strain too –…

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Out-Licensing Is In

This content is provided for general informational purposes only, and your access or use of the content does not create an attorney-client relationship between you or your organization and Cooley LLP, Cooley (UK) LLP, or any other affiliated practice or entity (collectively referred to as "Cooley"). By accessing this content, you agree that the information provided does not constitute legal or other professional advice. This content is not a substitute…

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MAHA Food Strategy Puts Chemicals, Dyes, GRAS and Kids’ Marketing Under the Microscope

The Make America Healthy Again (MAHA) Commission released the Make Our Children Healthy Again Strategy (MAHA Strategy) this week. Consistent with the MAHA Strategy’s overall theme of increasing transparency and trust with the American public, the Department of Health and Human Services (HHS) and the Food and Drug Administration (FDA) plan to take several key actions in the food space, including reforming the process for establishing food that is Generally…

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CPSC Stepping up Enforcement of Recalls, AHFA Presenter Says

Cooley special counsel, Asha Allam, was mentioned in Home News Now about her presentation at the American Home Furnishings Alliance (AHFA) 2025 Regulatory Summit, where she explained that the US Consumer Product Safety Commission (CPSC) was intensifying its enforcement of product recalls. Allam said that furniture makers, retailers and distributors must proactively report potential hazards and demonstrate product safety – or risk civil penalties and even criminal investigations. Read the…

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What’s Next for the OECD Minimum Tax? Six Questions, Six Answers

Washington is currently imposing a 39% tarrif rate on many swiss exports. As a possible countermeasure, there is discussion about suspending the OECD/G20 minimum tax in order to ease the tax burden on affected companies. The timing may seem favorable, as the framework is under international pressure: four years ago, more than 130 countries signed a declaration of intent, but to date only around 60 have implemented parts of it—mainly…

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To Align Purpose and Profit, Company Culture Matters

Let’s be frank: the core purpose of a company is profit. But many firms also want to make an impact, whether it’s helping their customers solve a problem, filling a gap in a market, or promoting broader social change. In more-ambitious cases, these dueling motivations can create a seeming paradox: Is it possible to build a business and a better world at the same time? The answer, according to Kellogg’s…

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Are Your Ads Truly Paying Off?

It’s a familiar experience for today’s online shoppers: seeing tailored offers and promoted items while you’re filling your cart. A search returns “sponsored” items at the top of the results, and embedded ads suggest additional purchases based on your browsing history. Picking out some pasta? Maybe you’d like to try this sauce. Typically order water filters every 6 months? Here’s a helpful reminder—and a recommended brand. These platforms, called retail…

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Why Exit Planning Starts on Day One

The First 100 Days: Setting the Strategy in Motion The 100-day plan should reflect an informed, forward-leaning investment thesis. Sponsors must enter with a clear sense of how to create inroads into new segments, test adjacent plays, and elevate long-term initiatives from “potential” to “demonstrated.” The goal is not to finalize every move in the first three months, but to lay the groundwork. The most successful holds are those where…

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