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Learning Resources filed a lawsuit in April arguing that the tariffs are beyond the scope of the 1977 law that allows a president to regulate international commerce as an emergency response to a foreign threat.
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The White House is close to announcing a deal with drugmakers Eli Lilly and Novo Nordisk that would cut the price of obesity drugs to $149 per month in some cases and extend coverage to certain Medicare and Medicaid beneficiaries, according to media reports Tuesday.
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Potentially huge legal issues are hovering over Kenvue. But Kimberly-Clark, which agreed to buy it for $40 billion, appears to think they're manageable.
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The clash reflects the shifting landscape for weight loss and diabetes drugs, with Novo Nordisk trailing Eli Lilly as companies like Pfizer race to break in.
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The move will bring 10 billion-dollar brands, including Kleenex, Band-Aid and Huggies, under one roof.
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