life sciences risks News

Parental Fury After Stem Cell Bank Ruins Thousands of Children’s Samples in Singapore

Thousands of parents in Singapore are furious, with some now pursuing legal action, after a major operator of cord blood banks in Asia irreparably damaged their children’s samples through improper handling. The ongoing case, one of the worst to hit …

French Drugmaker Servier Appeals 2021 Convictions Connected to Weight-Loss Pill

French drugmaker Servier on Monday launched its appeal against manslaughter and deception convictions handed down by a Paris court in 2021 in connection with weight-loss pill Mediator. At least 500 people died of heart valve problems in one of France’s …

Sompo Global Risk Solutions Launches Product for Life Sciences Industry

Sompo Global Risk Solutions has introduced Sompo Life Science Plus, a products-completed operations and errors and omission liability protection product built for the life sciences industry. The new product offers coverage for various life science products, including products used in …

Everest Insurance Adds Coverages to Life Sciences Product Offering

Everest Insurance has expanded its life sciences product offering to include property, commercial auto, and workers’ compensation products for the life sciences segment. These products join the unit’s established primary product liability offering, as well as a suite of available …

OneBeacon Creates Modular Medical Technology Product for Life Sciences Risks

OneBeacon Technology Insurance, a member of OneBeacon Insurance Group, has introduced a modular medical technology product/ professional liability policy – Medical Technology Solutions – tailored to address life science companies’ exposure to products/completed operations, cybersecurity and communication liability risks. Through …