Last week I wrote about the standings in the presidential race and said it looked like a long, hard slog through about a dozen clearly identified target states, much like the contests in 2000 and 2004. Call it the 2000/2004 long, hard slog scenario.

Today, URL Pharma was acquired by Takeda for nearly $800M.  The story here in brief is that for hundreds of years, colchicine was used for the treatment of gout and other conditions; it was an effective drug but had to be used carefully. URL invested in the formulation development and clinical studies required for colchicine, and ultimately received FDA approval in 2009. 

On Wednesday 8, 2012, the House Committee on Ways and Means held a testimony on "The Interaction of Tax and Financial Accounting on Tax Reform." Here, Aparna Mathur contributes to their discussion.  

Scott Gottlieb's testimony on the Independent Payment Advisory Board for the Committee on Ways and Means' subcommittee on health.

Larry Lindsey, with his profound knowledge of Washington ways, has absolutely nailed the principal guiding motto of all regulatory bureaucracies: "Cross us and we will make you pay."

In short, Obama hates the pipeline deal because it is both symbolically and concretely an issue that drives a wedge straight through his base and his reelection spin.

Stability seems to be the watchword in the aftermath of Kim Jong-il’s death. Leaders in the United States, across Asia, and even in Europe have been calling for stability on the Korean peninsula. But as nice as stability might be, it is not difficult to imagine things getting very messy very quickly in Northeast Asia. Forthwith, the top five ways things could go wrong in the Hermit Kingdom.

Over the past two decades, the share of working age Americans collecting disability insurance payments has doubled, from 2.3 to 4.6 percent of the population aged 25 to 64, with the largest increases coming among women.