U.S. Spotlight on Pharma Imports: What does this mean for Indian Pharma?

U.S. Spotlight on Pharma Imports: What does this mean for Indian Pharma?

The U.S. Department of Commerce Bureau of Industry and Security (“BIS”), on April 14, 2025, announced the initiation of an investigation into the imports of pharmaceuticals and pharmaceutical ingredients as well as semiconductors and semiconductor manufacturing equipment in the context of U.S. national security. This move could affect India’s USD 10 billion annual pharmaceutical exports to the U.S.

The BIS investigation would determine whether reliance on foreign pharmaceutical supply chains, particularly active pharmaceutical ingredients (“APIs”) and … Read the rest

Funding Shortfalls Adversely Affect Key Judiciary Programs

A shortfall in this year’s congressional appropriations is significantly impacting the Judiciary’s ability to ensure security at courthouses at a time of rising threats to federal judges and impairing efforts to provide critical legal defense services to people who can’t afford to hire lawyers.
Judiciary News – United States CourtsRead the rest

The FDA and CDC should not be stopped from doing their jobs

Since the start of the Trump Administration, the CDC and FDA have withheld from the public details about a Romaine Lettuce E. coli O157:H7 outbreak that sickened 89 in 15 states with 36 hospitalized, 7 with kidney failure – hemolytic uremic syndrome –  and 1 death.

(Bainbridge Island, WA – April 21, 2025)  “It is disappointing, but with 20,000 employees at Health and Human Services (HHS) being fired, investigating, and reporting on outbreaks and alerting the public to the … Read the rest

Matcha shortage spurs concern about unsafe bargain products in U.S.

A global matcha shortage is flooding U.S. markets with low-quality, potentially hazardous bargain products. Supply chain strains and paused tariffs are raising alarms about food safety.

Japan, the heart of authentic matcha production, is grappling with declining tea yields because of droughts, aging farmers and surging global demand, according to a Japan Times report. The Ministry of Agriculture, Forestry and Fisheries reported matcha production grew from 1,471 tons in 2010 to 4,176 tons in 2023. With more than half exported, … Read the rest

PTAB to Discuss “Interim” Bifurcation

Boardside Chat This Thursday

The PTAB will host its next Boardside Chat webinar on Thursday, April 17, noon to 1 p.m. ET, for a discussion of the new interim processes for PTAB workload management. The new processes concern institution of AIA trial proceedings and bifurcation of discretionary considerations from merits and other non-discretionary institution considerations.

The new interim processes were announced on March 26, 2025. The Board will discuss more details about the processes and a question-and-answer session will follow the presentation. (Register Here) … Read the rest

Tariffs threaten safety of imported specialty foods

New U.S. tariffs, particularly on Chinese imports like soy sauce, are driving up costs at specialty stores, raising fears that smaller importers could face pressures challenging their ability to maintain safety standards.

Surprise policy shifts have added uncertainty to the trade landscape.

On April 9, 2025, the Trump Administration paused its steep “reciprocal” tariffs on countries like Vietnam, Thailand, and the Philippines for 90 days, leaving a baseline 10 percent tariff on most imports from these nations. However, tariffs on … Read the rest

AMT: Does It Impose Additional Taxes Under Income Tax Bill, 2025?

AMT: Does It Impose Additional Taxes Under Income Tax Bill, 2025?

Background

The Alternate Minimum Tax (“AMT”) has its genesis in the Minimum Alternate Tax (“MAT”), which was introduced to ensure that taxes were paid by even those companies that intended to avoid payment of taxes by engaging in ingenuous tax planning methods despite having earned significant amount of book profits. These companies, called “zero-tax companies”, while reporting significant book profits, paid minimal or no income tax by leveraging various exemptions and deductions available under the Income … Read the rest