Recent and archived news stories on: Biotechnology, Doctors, Drugs, Health Insurance, HMO's/PPO's, Hospitals, Medical Devices, Nursing...

Rady Children’s Hospital Receives $1M to Expand 3D Printing

Rady Children’s Hospital has received $1 million from the Helen and Will Webster Foundation.

RayzeBio Launches With $45M Series A

BIOTECH: Co. Has Pipeline of Seven Programs; Will Triple Team Headcount

Hologic Gets $119M for COVID Testing

U.S. Government Funds Will Add Capacity to Produce More Tests

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Dermatology Co. Raises $6.73M Series A

Dermala, a consumer dermatology company has raised $6.73 million in Series A financing.

Biotech Leads Q3 Investment

VENTURE CAPITAL: Cos. See $933M in Funding

Biotech and life science companies led San Diego’s top venture capital rounds last quarter, furthering the region’s reputation as a biotech hub.

$4M Grant to UC San Diego

EDUCATION: Need Seen in Mental Health

UnitedHealth Group has granted $4 million to the UC San Diego School of Medicine to encourage more students to go into the fields of child and adolescent psychiatry.

ChromaCode Surpasses 1 Million COVID-19 Test Milestone

ChromaCode, a Carlsbad-based molecular diagnostics company, announced it has shipped over 1 million COVID-19 tests.

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Cue Receives $481M Award

BIOTECH: Co. Plans to Produce More Virus Tests

The U.S. Department of Defense awarded San Diego-based Cue Health Inc. $481 million to expand the capacity of its San Diego manufacturing plant.

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Genalyte Receives Emergency Approval for Antibody Test

BIOTECH: Co. Touts 20-minute Time Frame to Detect COVID-19 Virus

Healthcare analytics and diagnostics company, Genalyte Inc. received emergency use authorization from the U.S. Food and Drug Administration (FDA) for its rapid COVID-19 antibody test, SARS-CoV-2 Multi-Antigen Serology Panel on Oct. 15.

FDA Approves Remdesivir to Treat COVID-19

The U.S. Food and Drug Administration approved its first COVID-19 treatment: Gilead Science Inc.’s antiviral drug remdesivir. The FDA and Foster City-based Gilead (Nasdaq: GILD) announced the news on Oct. 22.

Biocom and centrexIT Partner to Launch IT Deal Desk

TECH: Connects Life Science Companies with Over 300 vetted IT Providers

Together, Biocom and centrexIT created IT Deal Desk, a digital platform that provides life science companies with cost-effective IT solutions.

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Escient Raises $77.5M Series B

BIOTECH: Co. Testing Its First Drug

San Diego-based biotech Escient Pharmaceuticals, has announced it has raised a $77.5 million Series B funding round and started their first clinical trial.

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Biotech Raises Profile Among San Diego’s Public Companies

FINANCE: In Some Cases, Market Caps Almost Quadruple

Every year, the San Diego Business Journal compiles a list of public companies with headquarters in San Diego County. This year’s list seems to tell a story. Call it Rise of the Biotechs.

Micronoma Appoints Magda Marquet to Chairman of the Board

Micronoma has appointed Magda Marquet as chairman of the firm's board.

Illumina Acquires Grail

$8 Billion Deal to Close in 2021

Illumina Inc. (Nasdaq: ILMN), a leading maker of the machines that sequence genes, will pay $8 billion in cash and stock for San Francisco-based Grail, a developer of a blood test that promises to detect cancer early.

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