Rodelis backtracks on price hike for TB med; India's Glenmark looks to U.S. for growth;

@FiercePharma: China's WuXi NextCODE builds on Fudan University partnership with Children's Hospital pact. FiercePharmaAsia story | Follow @FiercePharma

@EricPFierce: Novo to build a $78M insulin pen plant in Iran. FiercePharmaManufacturing news | Follow @EricPFierce

@CarlyHFierce: ICYMI yesterday: New ulcerative colitis data could help Pfizer's Xeljanz pick up the pace. Article | Follow @CarlyHFierce

> Under pressure, Rodelis Therapeutics--which had jacked up prices on TB med cycloserine--agreed to return the drug to its previous owner, a non-profit organization. Report

>  India's Glenmark Pharmaceuticals is counting on strong growth in the U.S. to offset weakness in emerging markets this year, its CEO said. Report

> AmerisourceBergen ($ABC) has authorized a special $2.4 billion share repurchase program to mitigate a possible dilution from the exercise of warrants issued to Walgreens Boots Alliance ($WBA) in 2013. Report

> Police in Gloucester, MA, are imploring people to contact the CEOs of Abbott Laboratories ($ABT), Pfizer ($PFE), Johnson & Johnson ($JNJ), Eli Lilly ($LLY) and Merck ($MRK) to ask what they're doing to curb opioid abuse. More

> South African police have shut down three counterfeit drug plants in a swoop. Report

> Bayer's CropScience unit has reached a $5.6 million settlement over an explosion at a West Virginia pesticide facility that killed two people in 2008. More

> In a study, people who suffered a heart attack lived longer when their dose of beta-blocker was a quarter of the amount commonly prescribed, researchers said Monday. Report

Medical Device News

@FierceMedDev: Sequenom appoints new CEO amid diversification. FierceDiagnostics story | Follow @FierceMedDev

@VarunSaxena2: CMS proposal to restrict coverage of artificial limbs facing pushback from amputees. Story | Follow @VarunSaxena2

@EmilyWFierce: ICYMI: Clorox reveals smartphone-powered UV cleaning device for drug-resistant bacteria. Article | Follow @EmilyWFierce

> Biogen VP Karaboutis rallies company for med tech R&D push. More

> NIH gives med tech company $1.9M to improve deep brain stimulation for Parkinson's. Story

Biotech News

@FierceBiotech: Why would Martin Shkreli hike an old drug price by 5000%? Only a 'moron' would ask. More | Follow @FierceBiotech

@JohnCFierce: The British papers seem particularly outraged by Shkreli. Feeling a bit sorry/outraged for the Yanks? Understandable. | Follow @JohnCFierce

@DamianFierce: "Industry analysts often cite the day Taiwanese animators got involved as the peak of the biotech bubble." Watch | Follow @DamianFierce

> Henri Termeer backs biotech upstart Artax's autoimmune research. Story

> AstraZeneca embraces crowdsourcing in a mix-and-match cancer R&D contest. Article

> Deerfield leads a $75M round for Akari. More

Drug Delivery News

> Drug-carrying nanoparticles disguised as platelets could help heal blood vessels. Report

> BDSI touts fed's plan to remove barriers on medication-assisted treatment of drug addiction. More

> West Pharma adds medication adherence tracking capability to its drug delivery system. Item

> Silicone vaginal ring could deliver HIV, herpes drugs at low cost. Story

> Impel NeuroPharma bags $4M to develop its device to deliver drugs across blood-brain barrier. Article

Pharma Manufacturing News

> Huge Russian plasma products plant moving forward. Article

> Novo to build $78M plant in Iran. News

> China's ShangPharma to build biologics plant in Qidong. Story

> GSK sets up network to help its suppliers cut emissions. Item

> McKesson nails down another international supply chain deal. Report

Pharma Asia News

> Serum Institute pushes for dengue cure fast track, Times of India says. Article

> WuXi NextCODE bolsters Fudan University alliance with Children's Hospital pact. News

> Novartis CEO says company to make heart failure drug Entresto at Singapore plant. Item

> Shanghai-based ZAI Lab in-licenses autoimmune candidate from UCB. Story

> China's BGI and Huawei partner on Big Data genomic system storage. More

And Finally... The ancestors of the Inuit evolved unique genetic adaptations for metabolizing omega-3s and other fatty acids, a new study says. More (sub. req.)

Suggested Articles

China's role as a major producer of global API has come under scrutiny, but so far global tensions haven't affected supply, the FDA said.

Reblozyl, a key drug in Bristol Myers Squibb's Celgene merger, has won a key FDA nod to treat patients with myelodysplastic syndromes.

Wealthy individuals typically don't set out to waste billions of dollars, but amid the COVID-19 pandemic, that’s exactly what Bill Gates plans to do.