House appropriators submits conference report Nov. 25 attaching remaining spending bills, including Labor/HHS, to HR 2673, originally Agriculture, Rural Development, FDA and Related Agencies appropriations. FDA would receive $1.39 bil., up $13.2 mil. from FY 2003 in bill. Labor/HHS package increases 4% to $139.76 bil., with NIH allotted $27.98 bil., a 7% increase accounting for one-time costs in 2003...

Legal experts explain why India’s plans to abolish the Intellectual Property Appellate Board and shift its powers to courts may be problematic for stakeholders, including those pursuing infringement charges. The transition could mean a significant burden on courts both in terms of capability and capacity, and IPR cases will now conflate into all other pending commercial matters, some experts said, though others cheered the proposed change.

Ex-Novartis executive and co-founder of investment bank MM Dillon & Co shares insights around where healthcare unicorns can be found and some core criteria to build such firms.