@Newenough they just declare bankruptcy and start the business under a new name. The whole thing is for the media attention and to try and pressure regulators. The next presidential election will be huge it’s regulation v common sense. This administration will thumb their nose at Lilly now they have a lot of politicians in their pocket so the next cycle will be massive for peptides. We have a 2 year window where not much will change
I kinda agree. If Lilly can prove the "RUO" designation was a known fiction designed solely to illegally distribute an unapproved drug, and trying to hide behind an LLC shield, a judge could likely rule that the company was being used to promote the fraud, which is a primary trigger for piercing the corporate veil. Making the owners personally responsible.
