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Morning Read: Pfizer, Allergan bounce back from failed merger

Plus, McKesson’s RelayHealth wins a $139 million DoD contract for secure messaging services and Obama redirects $589 million to the fight against the Zika virus.

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Now that its $160 billion merger with Pfizer is off, Allergan has committed $3.3 billion to license the neurological portfolio of Heptares Therapeutics. — FierceBiotech

Pfizer got some good news of its own: A federal judge in Philadelphia dismissed more than 300 cases alleging that Zoloft caused birth defects. — Reuters

LIFE SCIENCES

Medtronic has won FDA approval of a device said to be the world’s smallest pacemaker. — MassDevice

J. Craig Venter’s Human Longevity has a new president, Dr. Kenneth Bloom. — PR Newswire

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Researchers in Sweden are trying to crowdfund the study of a drug that might be used for “chemical castration” of pedophiles. — Reuters

Arrowhead Research, Pasadena, California, has changed its name to Arrowhead Pharmaceuticals. — Business Wire

PAYERS-PROVIDERS

Consumers are finally realizing that higher costs don’t always translate to better care. — Reuters

Catholic Health Initiatives needs approval from the Vatican to complete the sale of 35 medical office buildings. — Milwaukee Business Journal

TECHNOLOGY

McKesson’s RelayHealth has won a Department of Defense contract to supply secure messaging services to the Military Health System. The deal is worth $139 million over five years. — Business Wire

A computer-assisted method called parabolic personalized dosing is helping take the guesswork out of treating conditions that require precise medication dosing. — STAT

Patient identity management vendor CrossChx has raised $15 million in a Series C venture round. — PR Newswire

Ayasdi, maker of machine intelligence software, has hired its first chief medical officer, Dr. Francis “F.X.” Campion, of Harvard Vanguard Medical Associates in Boston. — PR Newswire

POLITICS

The Obama administration is transferring $589 million to the fight against the Zika virus. $510 million had previously been earmarked for Ebola response. — The New York Times

The conservative Citizens Against Government Waste group “performed a collective facepalm” to mark the release of supplementary appendices to the 2015 CMS Improper Payment Report. — Business Wire

A LITTLE BIT EXTRA

Mylan is in trouble with a British pharma watchdog for handing out frozen yogurt at a convention last year. — STAT

 

 

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