NIH increase moves out of committee, Teva keeps courting Mylan (Morning Read)

TOP STORIES

Leaders of the House Energy and Commerce Committee have reached a deal on a draft of legislation that will speed up the approval of new drugs and treatments.

Funding for the NIH — which had been a deeply disputed issue within the committee — will rise by $10 billiion over five years if the measure is enacted, according to a copy of the legislative language obtained by The Hill.

With the Rise of AI, What IP Disputes in Healthcare Are Likely to Emerge?

Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.

Blueprint Medicines IPO brought in $147 million.

Teva isn’t giving up on Mylan, and Mylan isn’t giving up on Perrigo. Sometimes “no” is just not an acceptable answer.

LIFE SCIENCE

The FDA has approved Kythera Biopharmaceuticals’ fat-melting injected treatment designed to erase double chins.

A British company, GW Pharmaceuticals, that makes medicines from cannabis is aiming to raise almost $180m on Nasdaq to push forward a new treatment for childhood epilepsy.

Scientific research company, Beryllium, is opening a 24,000 square-foot research facility in Bedford, Mass. that will provide easier access to clients the company collaborates with located in the Boston area – a biotechnical and pharmaceutical research hub.

Chromosome-folding theory looks promising out of Rice University.

PAYERS-PROVIDERS

A man being treated at the Carolinas Medical Center in Charlotte, N.C., for Ebola-like symptoms has tested negative.

Blue Cross Blue Shield of Illinois has launched four new ACOs.

Hospitals are failing when it comes to best practices to prevent c. diff. “Nearly half of hospitals hadn’t set strict limits on the use of antibiotics and other drugs that might allow the dangerous bacteria to flourish, even though such restrictions are shown to work.”

Type 2 diabetics who lean, not obese or overweight, actually have a more severe form of the disease and a higher mortality rate.

Doximity, a leading online medical network with over 50 percent of all US doctors as members, has announced a new, instant method for physicians to apply for career opportunities.

Thousands of registered nurses are set to strike in California this week.

TECH

Apple is now requiring app developers for apps conducting health-related human subject research to get approval from an independent ethics review board and show proof of it upon request.

A new study shows that kids are using tablets, smartphones and watching TV by age two. My how things have changed.

Salaries for STEM jobs are either stagnant or declining in Q1 of 2015.

POLITICS

Florida Gov. Rick Scott has filed a lawsuit against the federal government for allegedly withholding money from Florida to force it into expanding Medicaid.

A LITTLE EXTRA

Do you think you could ride a backwards brain bike? It turns right when you turn left, left when you turn right. And you might think you’d be able to figure this out pretty quick, but it appears to be much harder than expected.

The Morning Read provides a 24-hour wrap up of everything else healthcare’s innovators need to know about the business of medicine (and beyond). The author of The Read published it but all full-time MedCity News journalists contribute to its content.