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European Legal update: 23.07. – 05.08.2024.
Data protection European Artificial Intelligence Act comes into force Entered into force: 1 August 2024 On August 1 the European Artificial Intelligence Act (AI Act), the world’s first comprehensive regulation on artificial intelligence, entered into force. The AI Act ensures that AI developed and used in the EU is trustworthy, with safeguards to protect people’s […]
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Spreading misleading information about competing drugs can be an infringement of competition law
On 22 July 2024, the European Commission (EC) announced that it will be imposing certain commitments on Vifor, a manufacturer of intravenous iron medicines. Vifor is a dominant player in this market and had spread misleading information about the safety of a competing drug, Monofer, to healthcare professionals. The EC had opened an investigation, suspecting a potential […]
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Sorainen helps AI-driven skincare company Haut.AI reach new clients worldwide
We advised Haut.AI on data protection and contractual matters, as well as in negotiations with a global consumer goods company whose products are used by over 1 billion customers daily. AI-powered image analysis can revolutionize skincare commerce Estonian based Haut.AI provides a B2B SaaS product that automates the collection of high-quality skin data, conducts a […]
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Share your innovative ideas for improving the Estonian healthcare system
The discussion surrounding the lack of funding in Estonian healthcare and its deterioration is intensifying, with potential solutions being cautiously presented. We are partnering with AstraZeneca and the American Chamber of Commerce (AmCham) to find new, cross-sector solutions to Estonian healthcare funding challenges. Through our new healthcare platform, we are specifically looking for ideas that […]
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Stebby shareholders sell majority stake in Stebby
We advised shareholders of Stebby on the sale of Stebby’s majority shareholding to French rewards and benefits leader Up Group. As part of the transaction, the previous majority owner of Stebby, Livonia Partners, has exited. The management team will continue to run the company together with the new partner, enabling it to expand its presence […]