As we ring in the new year, it is time, once again, to reflect on some of the most significant legal developments for drug and device companies this year. Below is a brief recap and assessment of a few of the top developments affecting drug and device law that came out of 2024....

No one can accurately claim that state taxes are simple—especially sales taxes. That is particularly highlighted with respect to sales tax refunds. For retail sales, the party to the sale transaction that can claim the refund varies by State—whether it’s the customer or the retailer, or both.

December 2024 marks a pivotal milestone in international cybersecurity cooperation as the Tallinn Mechanism concludes its first year of operations, having mobilized over $210 million in targeted assistance for Ukraine’s digital defense infrastructure.

In re: CCIV / Lucid Motors Sec. Litig., 110 F.4th 1181 (9th Cir. 2024), the Ninth Circuit affirmed dismissal of a securities fraud class action brought by investors under Sections 10(b) and 20(a) of the Exchange Act and Rule 10b-5 against Lucid Motors and its Chief Executive Officer.  ...