Civil Law

Healthcare & Life Sciences Private Equity Deal Tracker: J.P. Morgan Life Sciences Invests in Turbett Surgical

J.P. Morgan Life Sciences Private Capital has invested in Turbett Surgical, according to a news release.

Turbett, founded in 2013 and based in Henrietta, New York, is a medical equipment company that manufactures mobile sterilization pods and consumable filters for surgical equipment sterilization.

J.P. Morgan Life Sciences Private Capital is the life sciences platform of J.P. Morgan Private Capital. The platform invests in early-stage biotherapeutics and late-stage healthcare companies.

Terms of the investment were not disclosed.

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Civil Law

Healthcare & Life Sciences Private Equity Deal Tracker: Vance Street Acquires Injectech

Vance Street Capital has announced its acquisition of Injectech from The West Group (TWG).

Injectech, founded in 1998 and based in Fort Collins, Colorado, is a manufacturer of luer locks, bond-in luers, check valves, tube to tube connectors and spikes for the medical industry.

Vance Street, founded in 2007 and based in Los Angeles, is a middle market private equity firm that invests in several sectors, including medical technology and life science. The firm typically pursues companies with between $ … Read the rest

Supreme Court

Court endorses private Section 1983 enforcement of spending clause enactments

Court endorses private Section 1983 enforcement of spending clause enactments

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Civil rights plaintiffs scored a significant victory in Health & Hospital Corp. of Marion County v. Talevski on Thursday, with a seven-justice majority reaffirming that private plaintiffs can enforce spending clause enactments through 42 U.S.C. § 1983 and allowing private damages actions to enforce the Federal Nursing Home Reform Act of 1987.

FNHRA, a law enacted under Congress’s spending clause powers, requires nursing facilities participating in Medicare and Medicaid to “protect and promote the rights of each resident” as … Read the rest