Webcast: Most Favored Nation Drug Pricing Reforms: Implications for Dealmaking

Webcasts  |  July 30, 2026

Join our lawyers for a recorded webcast examining the rapidly revolving Most Favored Nation (“MFN”) and drug pricing landscape and its implications for life sciences companies and global dealmaking.

Recent legal and policy developments surrounding MFN pricing, including the contemplated Medicare and Medicaid MFN “demonstration programs”, have introduced significant uncertainty for companies in the pharmaceutical and biotechnology sectors. As policymakers continue to explore mechanisms designed to lower prescription drug costs and establish international reference pricing, companies must consider how these developments may affect global regulatory strategy, asset valuations, commercialization strategies, licensing structures, collaboration agreements, and M&A transactions.

Discussion topics include:

  • The current status of MFN pricing initiatives and related drug pricing reforms, and what may be on the horizon;
  • How evolving pricing frameworks may impact global regulatory and commercialization strategy and licensing and collaboration agreements;
  • Considerations for diligence, valuation, risk allocation, and deal structuring in life sciences M&A transactions;
  • Practical strategies for navigating uncertainty in an increasingly complex pricing environment.

MCLE CREDIT INFORMATION:

This program has been approved for credit in accordance with the requirements of the New York State Continuing Legal Education Board for a maximum of 1 credit hour, of which 1 credit hour may be applied toward the areas of professional practice requirement. This course is approved for transitional/non-transitional credit.

Attorneys seeking New York credit must obtain an Affirmation Form prior to watching the archived version of this webcast. Please contact CLE@gibsondunn.com to request the MCLE form.

Gibson, Dunn & Crutcher LLP certifies that this activity has been approved for MCLE credit by the State Bar of California in the amount of 1 hour in the General Category.

California attorneys may claim “self-study” credit for viewing the archived version of this webcast. No certificate of attendance is required for California “self-study” credit.

PANELISTS:

Ryan A. Murr is widely recognized as one of the nation’s leading corporate lawyers in the life sciences industry. Over his career, he has led more than 300 transactions totaling over $65 billion in aggregate value, spanning mergers and acquisitions, capital markets, and royalty-finance transactions, making his practice among the most active in the United States. Ryan has more than 25 years of experience representing public and private life sciences companies and investors in connection with securities offerings and business combination transactions. Ryan serves as principal outside counsel for publicly traded companies and private venture-backed companies, advising management teams and boards of directors on corporate law matters, SEC reporting, corporate governance, and M&A transactions.

Branden C. Berns is a partner in the San Francisco office of Gibson Dunn where he practices in the firm’s Transactional Department. He represents leading life sciences companies and investors on a broad range of complex corporate transactions, including mergers and acquisitions, asset sales, spin-offs, joint ventures, PIPEs, as well as a variety of financing transactions, including initial public offerings, secondary equity offerings and venture and growth equity financings. Branden also serves as principal outside counsel for numerous publicly-traded life sciences companies and advises management and boards of directors on corporate law matters, SEC reporting and corporate governance.

Margaux Hall is a partner in the Washington, D.C. office of Gibson Dunn and a member of the firm’s FDA and Health Care practice. Margaux is a leading lawyer in drug pricing, coverage, reimbursement, market access, and value-based arrangements. She brings to clients a keen understanding of the transformative legal, policy, and changes affecting pricing and access to drugs, vaccines and devices, including in government enforcement and litigation matters.

Karen A. Spindler is a corporate partner in the San Francisco office of Gibson Dunn where her practice focuses on advising life sciences companies and investors on a variety of intellectual property transactions. Karen represents the full spectrum of companies in the life sciences sector, including companies operating in the areas of pharmaceuticals, biologics, diagnostics, and medical devices. Karen has considerable experience structuring complex strategic collaboration and partnering transactions, including co-development, co-commercialization and joint venture arrangements, and advising on manufacturing and supply agreements, services arrangements, and academic licenses.

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