@FiercePharma: Chinese officials arrest 2,000 (brave, foolhardy, daft, choose your adjective) people in counterfeit-drug sting. News | Follow @FiercePharma
> Pharma-backed continuing medical education has taken another plunge; according to recent figures, industry funding dropped 11.4% to $736 million last year. Report
> Bayer may raise its dividend if its adjusted earnings rise 10% as expected, CFO Werner Baumann told the newspaper Frankfurter Allgemaine Sonntagszeitung. Report
> Mylan ($MYL) has inaugurated commercial operations in India with the launch of 18 anti-HIV drugs, looking for "significant growth" in that market. Report
> Chinese police picked up almost 2,000 people in a counterfeit drug sting, seizing more than $180 million in fake drugs and destroying more than 1,000 production facilities. Report
> Alliance Pharma is making its first big foray into the European market, after acquiring three antimalarial drug brands from AstraZeneca ($AZN). Report
> Biostar Pharmaceuticals won the all-clear from Chinese regulators to restart production of its gel capsule products, after tainted gel capsules surfaced countrywide in April. Report
Biotech News
@FierceBiotech: Teva's MLK inhibitor blocks aggressive breast cancer in MSU study. Article | Follow @FierceBiotech
@JohnCFierce: There's no question that AZ paid too much for MedImmune. The question now is whether MedImmune has built a valuable pipeline. More | Follow @JohnCFierce
@RyanMFierce: Did the VCs get dissed again? Novartis backs UPenn's pioneering cancer immunotherapies. Article | Follow @RyanMFierce
> Industry Voices: Microbiome Therapies - Coming to a Clinic Near You. More
> Astellas Pharma axes Durham R&D site amid generics threat. News
> K-V Pharma travels bankruptcy route after suing FDA. Story
> FDA approves Sanofi's Zaltrap for colorectal cancer. More
@FierceMedDev: Cleveland Heart will use $30M in new investment to advance its artificial heart device. An LVAD is also in the mix. News | Follow @FierceMedDev
@MarkHFierce: Doctors in Japan have implanted the first baby there with an artificial heart. Release | Follow @MarkHFierce
@DamianFierce: Covidien is voluntarily recalling two models of tracheostomy tubes over leakage risks. Report | Follow @DamianFierce
> Cleveland Heart draws $30M from Korean equity group. More
> CardioNet grabs cardiac testing lab for $23.5M. News
> Globus Medical IPO pulls in $100M in the face of lowered expectations. Item
Biotech IT News
> Bayer boosts diabetes message with new blog. Story
> Accenture snaps up pharma software outfit Octagon. Article
> Qsymia approval process. Timeline
> AstraZeneca adopts search engine for scientists. More
> Medidata lands record $100M deal with a Big Pharma. Story
CRO News
> Accenture boosts clinical data offerings with Octagon buy. Article
> Halo buys Teva's Canadian plant, inks production deal. News
> Report: Weak rupee hampers Indian CRO sales. More
> House Dems look to boost trial safety for patients. Story
And Finally... Jiminy Cricket knew what he was talking about: Telling the truth is healthier than lying. Report