Six Irish men to share $635m after sale of drug firm
Irish Times Business
Adapt Pharma’s Narcan spray used in the front line of opioid crisis in United States
Six Irish businessmen will share a $635 million (€542m) payday after selling a company that developed a drug used in the frontline as the United States battles an opioid crisis.
Waterford entrepreneur Seamus Mulligan and his team invested €115 million to set up Adapt Pharma just over four years ago. Their team focused on a drug, Naloxone, that has been in use for many years and is commonly used in hospital anaesthesia.
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Villanova Promotes From Within for New General Counsel
The Legal Intelligencer
Villanova University announced on Monday that E. Michael Zubey will be taking on the role of vice president and general counsel at the Philadelphia-area school.
Zubey, who is currently the associate general counsel at the university, located in the town of Villanova, will be “responsible for the vision and leadership of Villanova’s overall legal strategy.”
As a part of the new role, he will serve as a member of the president’s cabinet and will advise the president, board of trustees and administrative officials on legal issues. Zubey is set to begin in the new role on Aug. 17. Click HERE to read more.