TOP STORIES
Former Oppenheimer & Co. investment advisor David Hobson of Providence, Rhode Island, was arrested on charges of insider trading. The feds said Hobson received tips on Pfizer acquisition targets from childhood friend Michael Maciocio, a planner in the drug giant’s Active Pharmaceutical Ingredient Supply Chain Group. Maciocio later ratted out Hobson to avoid prison. — Bloomberg
Speaking of criminal probes in the pharma business, our old pal Martin Shkreli has been hit with a new conspiracy charge. — The Wall Street Journal
High-deductible health plans are causing patients to delay care. Physicians should have a game plan for dealing with such unfortunte circumstances. — Medical Economics
LIFE SCIENCES
Vedanta Biosciences, a Cambridge, Massachusetts-based startup that’s testing microbes as drugs, has raised $50 million. — Xconomy

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A report out of London suggests that the FDA often clears medical devices before the public gets a chance to see relevant safety and effectiveness studies. — Reuters
Theranos may be sinking, but Elizabeth Holmes will get to keep her honorary doctorate from Pepperdine University. — BioSpace
Big Pharma, meet Big Biotech. — STAT
Ganymed Pharmaceuticals, backed by billionaire German twins Thomas and Andreas Strüngmann, created some buzz at ASCO on Sunday with an investigational drug to treat gastric cancer. — FierceBiotech
Also at ASCO, Roche reported that a newly approved immunotherapy could become the first option for patients with metastatic bladder cancer. — Reuters
PAYERS/PROVIDERS
Tutera Group, developer of nursing homes and other senior care facilities, has been cleared of Medicare fraud charges. — Kansas City Business Journal
What’s it like for a cancer surgeon to fight breast cancer herself? — The New York Times
Health and wellness magazine Prevention is going ad-free and introducing a paywall. — The New York Times
TECHNOLOGY
A research team from Harvard has developed a flat lens made from paint whitener on a fine sliver of glass that is said to produce sharper optics than today’s high-end microscope lenses. — BBC News
Texas startup Valify, which makes software and analytics technology to help healthcare organizations track the performance of their vendors, will announce Monday that it has raised a $2 million Series A round. — Xconomy
Research platform iPug, founded in Australia, is launching in the U.S. at BIO 2016 this week. — Business Wire
British startup Vinaya hit its crowdfunding target of $100,000 for an emotion-tracking bracelet after just 41 hours on Indiegogo. — Business Insider
POLITICS
Four major provider organizations are urging swift legalization of assisted dying in Canada. — Canada Newswire
A LITTLE BIT EXTRA
Brian Johnson had to step down as lead singer of rock band AC/DC a few months ago due to hearing loss. But a new, “breakthrough” in-ear monitor may allow him to return to touring. — Ultimate Classic Rock
Photo: Flickr user Scott Davidson