Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / promotional-claims-memo.docx
promotional-claims-memo.docx
Parties
HARKNESS LLP
Solstice Biomedical Devices Ltd
Solstice Biomedical Inc
Pinnacle Regulatory Consulting Group LLC
Meridian Conformity Assessment GmbH
NovaSense Medical Technologies Inc
Northpoint Services Inc
Kestrel Services Inc
Dates
May 19, 2025
April 30, 2026
August 14, 2025
September 12, 2024
June 18, 2022
March 7, 2024
Amounts
$1.24
Obligations
Following clearance, all promotional claims must be truthful, non-misleading, adequately substantiated, and consistent with the cleared indications for use as stated in the device's FDA-cleared labeling
Under the FTC's substantiation doctrine, an advertiser must have a "reasonable basis" for its advertising claims before disseminating those claims
However, investor communications must clearly state that the Lumina CGM System has not been cleared by FDA and is not available for commercial distribution in the United States
Such materials must be clearly designated for internal use only and may not be distributed externally to healthcare professionals, customers, investors, or members of the public
All promotional claims must be consistent with, and supported by, the cleared labeling
Truthful and Non-Misleading Standard Every promotional claim made by Solstice regarding the Lumina CGM System must satisfy three fundamental requirements: (1) the claim must be truthful, (2) the claim must not be misleading, and (3) the claim must be adequately substantiated by competent and reliable scientific evidence