Top Story

Morning Read: FDA panel approves Acadia’s Parkinson’s disease treatment

Also, Aveo Pharmaceuticals will pay $4 million to settle charges with the SEC, and EMED Technologies said today that it is seeking a federal court injunction against competitor Repro-Med Systems.

TOP STORY

Acadia Pharmaceuticals Inc.’s treatment for psychosis associated with Parkinson’s disease moved a step closer to approval after receiving the support of a U.S. regulatory panel. — The Wall Street Journal

LIFE SCIENCES

Aveo Pharmaceuticals will pay $4 million to settle charges with the Securities and Exchange Commision, which accused the company of misleading investors about the FDA’s review of its cancer drug. — BioPharma DIVE

The Sandoz unit of Novartis A  asked FDA to reject a Citizen’s Petition from AbbVie Inc.  requesting that biosimilar sponsors demonstrate interchangeability with a reference product for each of the reference product’s approved indications. — BioCentury

EMED Technologies said today that it is seeking a federal court injunction against competitor Repro-Med Systems to keep the company from selling home infusion pumps and needles for subcutaneous immunoglobulin infusion. — MassDevice

PAYERS-PROVIDERS

CMS’ first mandatory bundled payment initiative, the Comprehensive Care for Joint Replacement model, starts April 1. Here are 13 things to know about the CCJR model. — Becker’s Hospital Review

Telemedicine is changing from a specialty offering to a more mainstream service, with a new study showing that two-thirds of respondents name telemedicine as the top or one of the highest priorities – a 10 percent increase from the 2015 survey results. — HealthcareITNews

TECH

Mobile-enabled sleep tracking company Rythm, a startup with offices in San Francisco and Paris, has raised $4 million, which brings the company’s total funding to around $11 million. — mobihealthnews

Apparently Jawbone users like the app, but the device isn’t up to par – the opposite appears to be true for Fitbit users. — mobihealthnews

POLITICS

The Obama administration has pushed for improved access to mental heathcare, substance use services with $23 million. — Healthcare DIVE

House Republicans on Tuesday subpoenaed documents from the administration related to ObamaCare payments that they say violate the law. — The Hill

A LITTLE BIT EXTRA

Of course Netflix’ House of Cards, is fictional, but based on a recent episode, the question is raised about whether or not in real life the president could get an organ transplant before those who have been on a waiting list, should he/she need one. Short answer is apparently no. But, really? Pretty sure the Commander and Chief would get organ donation perks…  — STAT