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
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.
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
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