J&J's Weldon sees $1M salary cut as chairman; Cipla eyes more cancer-drug price cuts;

 @FiercePharma: Some Revlimid patients at higher risk of other blood cancers compared w/ placebo, FDA says--Story. | Follow @FiercePharma

> Johnson & Johnson ($JNJ) Chairman William Weldon now has a base salary about half of the amount he earned as chairman and CEO: $1 million, compared with $1.97 million. He's still eligible for performance pay and other inducements, though. Report

> India's Cipla is weighing more price cuts on its cancer portfolio after strong response to its discounts on Nexavar and two other oncology drugs last week. More

> Bristol-Myers Squibb ($BMY) and Otsuka Holdings won a court battle over their Abilify antipsychotic drug, staving off generic competition till 2015. Report

> Sanofi's Genzyme unit won U.S. and EU approval for a new production suite in Waterford, Ireland, doubling its capacity for fill-and-finish of two rare disease treatments. Story

> Savient Pharmaceuticals said Tang Capital Partners lost its bid for an injunction against its plan to raise $44 million and restructure its current debt. Report

> The U.K.'s Medicines and Healthcare Products Regulatory Agency cleared Alimera Science's Iluvien drug to treat vision problems in patients with chronic diabetic macular edema. Article

Biotech News

 @FierceBiotech: Honeybee substance freezes prostate cancer growth (Hint: it's not honey). More | Follow @FierceBiotech

 @RyanMFierce: Talon takes it in the teeth, back to penny stock, after FDA says more time needed to review lead cancer drug. Article | Follow @RyanMFierce

> Talon sinks after FDA prolongs cancer drug review. Article

> Amgen, VC groups pump $16.5M into Sutro Biopharma. News

> Eleven adds $20M in venture cash as it preps for the clinic. More

> Arena shares up after FDA briefing on lorcaserin. Story

Medical Devices News

 @FierceMedDev: Baxter is facing an SEC subpoena for records of its 2010 pump recall. More | Follow @FierceMedDev

> Boston Scientific's CEO: CRM business in active rebuilding mode. Article

> Canada's Monteris snags $9M in investments for NeuroBlate. News

> Dutch test boosts prospects for photoacoustic breast imaging device. Story

> Allergan subpoenaed over Lap-Band obesity device. More

Pharma Manufacturing News

> Baxter bitten again by problems with Colleague infusion pumps. News

> Pfizer to grow manufacturing capacity in Indonesia. Article

> Sanofi closing plant in Missouri, 4 years later than expected. More

> BASF erecting 50,000-ton-plus formic acid plant in Louisiana. Story

Biotech Research News

> Researchers find key to premature aging syndrome. Spotlight

> Controversial bird flu study details revealed. Article

> Stem cells grown from skin treat muscular dystrophy in mice. News

> Stem cell/gene therapy holds HIV at bay in mouse trials. More

And Finally... Antibiotics are used so liberally in India, it's super-fueling development of resistant bacteria. Report