China to start online sales of prescription drugs; EMA approves 17 rare disease drugs in 2014; Legislation would allow Americans to buy cheaper Canadian drugs;

@FiercePharma: Catterton offloads PetVet hospital network to Canadian pension plan for $440M. FierceAnimalHealth story | Follow @FiercePharma

@CarlyHFierce: ICYMI yesterday: Court to give speedy answer in Actavis bid to yank old Namenda off market. Report | Follow @CarlyHFierce

> China is expected to begin online sales of prescription drugs as early as next month. Story

> The European Medicines Agency said that it approved 82 drugs in 2014 and that a record number, 17, are for rare diseases. Report

> India's Glenmark said in a filing that it does not intend to manufacture a copy of AbbVie's ($ABBV) Humira there, which competitor Zydus Cadilia is already making in India. Story

> Indian drugmakers say the government needs to beef up its regulatory infrastructure. Story

Medical Device News

@FierceMedDev: PureTech bumps its early life science funds up to $107M. Story | Follow @FierceMedDev

@EmilyWFierce: Adaptive Biotechnologies snatches up Sequenta to gain ground in cancer immunosequencing Story | Follow @EmilyWFierce

> In a win for Spectranetics, Covidien's to-be-divested drug-coated balloon earns CE mark. News

> C.R. Bard pushes for delay of vaginal mesh trial after judge's call for settlement. Article

Biotech News

@FierceBiotech: Incyte, Agenus partner on immuno-oncology targets in $410M deal. More | Follow @FierceBiotech

@JohnCFierce: Hey, UK readers. I'm moderating a panel Feb 4 at the Queen Mary Innovation Centre on #biotech finance. Invite only. More | Follow @JohnCFierce

@DamianFierce: Biogen signs a $30M deal with Columbia U. to sequence the genomes of "unusual" patients. Release | Follow @DamianFierce

> Orphazyme hauls in $24M to advance its rare disease contender. More

> Argos tanks as its HIV immunotherapy flunks Phase II. Story

> Euro VC Fountain unveils a $101M biotech fund. Item

And Finally... Senators John McCain (R-AZ) and Amy Klobuchar (D-MN) have again introduced legislation that would permit Americans to buy prescription drugs from Canada, where prices are lower because of price restrictions. Story

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