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America’s Pharmaceutical Supply Chain: An Overview of the Policy Landscape and Potential Path Forward

For several years, policy-makers and commentators have expressed concern about the resilience of the United States’ pharmaceutical supply chain. Current U.S.-based manufacturing capabilities have been at the forefront of...more

New Paycheck Protection Program Flexibilities and Funding

Key Points - On December 27, 2020, the new stimulus package appropriating an additional $284.45 billion for the PPP was signed into law. - The categories of eligible uses for loan proceeds and forgiveness are...more

DOJ’s Civil Division Outlines Enforcement Priorities and Focus on COVID-19 Related Fraud

- The Department of Justice (DOJ) will focus its civil enforcement activity on fraud and other illegal actions relating to COVID-19, including with respect to CARES Act stimulus programs and consumer products marketed for use...more

New SBA Rule Bars Investment Managers from PPP Loans

On Friday, April 24, 2020, the Small Business Administration (SBA) published an Interim Final Rule (IFR) governing the Paycheck Protection Program (PPP) of the Coronavirus Aid, Relief and Economic Security Act (CARES Act). In...more

Reducing False Claims Act Exposure in the Aftermath of COVID-19 Legislation

- The government has pledged to prioritize investigations and prosecutions regarding alleged frauds related to coronavirus programs. - The False Claims Act is the government’s primary enforcement tool to prosecute alleged...more

The Paycheck Protection Program: New Stimulus Package Contains Forgivable Emergency Loan Program For Certain Firms

- The Paycheck Protection Program (PPP), contained within the stimulus package signed by President Trump on March 27, 2020, creates a $349 billion loan facility to help “small” businesses make payroll and pay certain other...more

CARES Act Summary – Small Business

Loans Under Paycheck Protection Program (Section 1102) - Section 1102 provides $350 billion for expedited individual loans up to $10 million through approved lenders that are guaranteed 100 percent by the U.S. government....more

Defense Production Act – What Does the March 18th Executive Order Mean?

The Defense Production Act (DPA) of 1950 (50 U.S.C. §§ 4501 et seq.) grants the President broad authority to prioritize and allocate health resources. This includes two very separate and distinct authorities to (1) “require...more

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