Craig is a seasoned healthcare executive, previously serving as general counsel for two major pharmaceutical companies, Novo Nordisk and Daiichi Sankyo. With over 30 years as a corporate and life sciences lawyer, he provides counsel on legal, compliance, policy, and regulatory issues related to healthcare products and businesses. He provides strategic advice based on his practical real-world experiences, spanning discovery to commercialization.
He has extensive knowledge of the processes and operations of the Food & Drug Administration (FDA) and the Centers for Medicare & Medicaid Services (CMS). Craig advises on clinical trials, inspections, recalls, drug safety programs, and product labeling. He also guides pharmaceutical and medical device clients on promotional and medical communications in accordance with FDA regulations and guidance, enforcement practices, and litigation precedents, including print ads, direct-to-consumer TV ads, websites, and apps.
Additionally, Craig evaluates marketing, sales, and medical strategies in light of fraud and abuse laws, the Anti-Kickback Statute and the False Claims Act, focusing on patient assistance programs, grants, continuing medical education (CME), co-pay coupon programs, and pricing and rebate strategies. He negotiates contracts between product manufacturers and physicians, health systems, payors, pharmacy benefit managers (PBMs), specialty drug distributors, wholesalers, and group purchasing organizations (GPOs). He also conducts Fair Market Value and Bona Fide Service Fee analyses.
Compliance is at the core of Craig’s practice, based on his years of practical experience in mission-critical compliance issues, and in creating and implementing compliance programs. He advises clients on pertinent guidance from the Department of Justice (DOJ) and the Department of Health & Human Services (HHS) Office of Inspector General (OIG). He develops compliance charters, policies, board and executive fiduciary training, employee role-based training, effective monitoring and auditing programs, and implements a Recovery and Monitoring Program (RAMP). Craig conducts compliance program assessments, internal compliance investigations, advises on remedial measures, and is skilled in managing external governmental investigations. He also provides counsel on federal and state “Sunshine” spend/transfer of value reporting, as well as compliance with various local and state price transparency regulations and requirements.
Moreover, Craig has significant experience in negotiating technology and product licenses, forming strategic alliances, co-development and commercialization agreements, and managing acquisitions and divestitures of products, assets, facilities, and corporate entities. Craig leads the due diligence process for investments and acquisitions of life sciences companies by lenders, private equity, venture capital, and other stakeholders in the sector. He also provides these clients with strategic advice on proposed targets and product lines, based on his deep knowledge of business operations and the applicable law and regulations which may provide obstacles as well as opportunities for growth.
As a leader in the life sciences industry, Craig previously chaired the Pharmaceutical Research and Manufacturers of America’s (PhRMA) Law Section Executive Committee and served as chair and board member of the Healthcare Institute of New Jersey (HINJ). He has received multiple awards for his leadership in in-house legal departments and regularly writes articles on healthcare topics and speaks at industry-wide events.
- New York University School of LawJD1992
-
Vassar CollegeBA
cum laude
1988
- Chairperson (2017-2018), Vice Chair (2016-2017), Member (2000-2020), Pharmaceutical Research and Manufacturers of America (PhRMA) Law Section Executive Committee
- Past Chair and Board Member, Healthcare Institute of New Jersey (HINJ), 2011-2018
- Speaker, "Pharmaceutical and Medical Device Pricing and Reimbursement," Practicing Law Institute’s Life Sciences 2024: Navigating Legal Challenges in Drug and Device Industries, September 19, 2024
- Speaker, "Mastering M&A," Pharmaceutical Compliance Conference, April 16, 2024
- Moderator, "Enforcement Panel – Critical, Industry-Specific Updates from the Most Active U.S. Attorney Offices for the Bio/Pharma and MedTech Industry," Pharmaceutical Compliance Conference, April 16, 2024
- Speaker, "Pharma and MedTech Compliance: Industry Guidance for Emerging Trends and Best Practices for the Year Ahead," Informa Connect, Webinar, April 3, 2024
- Speaker, "Understanding How the Pricing of Biosimilars Affects Government Drug Payor Programs," Rx Drug Pricing Boot Camp, March 20, 2024
- Speaker, "Compliance Congress for Specialty Products," Biotech Week Boston, September 21, 2023
- Speaker, "Life Sciences 2023: Navigating Legal Challenges in Drug and Device Industries," Practicing Law Institute, September 14, 2023
- Speaker, "Update on Recent DOJ Pronouncements Affecting Compliance Programs, Investigations, and Self-Disclosure," Pharmaceutical Compliance Congress, April 26, 2023
- Speaker, "Advertising, Promotion and Communication Strategies for Biologics, Biosimilars, and Interchangeable Biosimilars," Pharmaceutical Compliance Congress, April 26, 2022
- Speaker, "Ask The Experts," Pharmaceutical Compliance Congress, April 25, 2022
- Speaker, "Rx Drug Pricing and Rebate Fundamentals," ACI’s Rx Drug Pricing & Rebate Fundamentals, December 1, 2021
- Speaker, "Mini-Summit 11: The Role of Compliance in M&A Transactions: A Review of DOJ's Recent Expectations," Pharmaceutical Compliance Forum’s 22nd Annual Pharmaceutical and Medical Device Ethics and Compliance Congress, November 3, 2021
- Speaker, "Enforcement Actions," KENX Webinar, December 1, 2020
- Speaker, "Post-COVID Pharma Operations," Guidehouse Webinar, November 19, 2020
- Speaker, "Tele-Compliance," GHC Life Sciences Webinar, November 18, 2020
- Speaker, "Patient Support Programs," Pharmaceutical Compliance Forum’s 21st Annual Pharmaceutical and Medical Device Ethics and Compliance Congress, November 6, 2020
- New York
- New Jersey
- Recognized as “General Counsel of the Year: Private Companies with Revenues over $1 Billion,” NJBIZ, 2012
- Awarded “Legal Department of the Year,” New Jersey Law Journal, 2011
- Author, Dairy Industry Alerted to New USDA Order Requiring National Raw Milk Testing, McGuireWoods Legal Alert, December 10, 2024
- Quoted, "FDA Wants Safer Cancer Drugs, But Some Startups Fear Unintended Consequences," Wall Street Journal, August 29, 2024
- Quoted, Court Could Pause Medicare Drug Price Negotiation Process Following First Hearing In IRA Litigation, Pink Sheet, September 14, 2023
- Co-author, "Navigating the Parallel Path of Patent Litigation Alongside the Inflation Reduction Act," Reuters, August 31, 2023
- Author, "Pfizer Seeks a Do-Over on Co-Pay Foundation Issues," Policy & Medicine Compliance Update, October 2020
- Author, "Helping Patients or The Bottom Line?," Policy & Medicine Compliance Update, September 2020
- Author, "Is There a Future for Speaker Programs or Co-Pay Assistance Programs in Pharma?," New Jersey Law Journal / LAW.com, August 5, 2020
- Author, "Is There a Future for Speaker Programs or Co-Pay Assistance Programs in Pharma?," New Jersey Law Journal / LAW.com, August 5, 2020