San Diego Business Journal


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

Company’s Expanding Roles Bring a Change in Its Name

MEDICINE: Millennium Health Brings Three Sets Of Tools to the TableSan Diego-based Millennium Laboratories Inc. announced recently that it has changed its name to Millennium Health LLC.

By BRITTANY MEILING September 5, 2014 3:40 p.m.   $$ Share
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Investors Back BioNano’s Big Picture Approach

BIOTECH: Its Genomics System Complements Other Cos.’ Short Reads

In an era of personalized medicine, customized gene mapping is crucial for drug developers and researchers to match the right treatments to the right patients — which is why San Diego-based BioNano Genomics Inc. just attracted one of the largest rounds of private financing in the U.S. life sciences sector this year.

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Healing Forces

BIOTECH: Local Cos. Bring Innovative Weapons To the Cancer Battlefront

What if we could engineer “killer cells” to wage war on tumors, and then program the little soldiers to seek a specific kill zone?

Aethlon Medical Makes First U.S. Shipment of Ebola Therapy

Aethlon Medical Inc., a San Diego-based medical device company making devices to treat infectious disease and cancer, announced the first shipment of its blood filtration device as a candidate to treat future Ebola virus infections in the United States.

State's Life Sciences Tops in Economic Growth

California continues to rank at the top of life science-related economic growth, with the industry now producing $101 billion in total revenue, according to a report released last week by the California Healthcare Institute and the consulting firm PricewaterhouseCoopers.

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Target, Kaiser Collaborate to Open 4 In-Store Expanded Clinics

MEDICINE: Vista and Mission Valley Among Sites Accepting Patients

In a move that reflects the increasing wave of consumer-driven health care, Target Corp. has partnered with Kaiser Permanente to open four in-store Target Clinics in Southern California, adding more options to consumers keeping an eye on their health care budgets.

Travel Nurses Fill ‘Utility Player’ Role

HEALTH: Expertise Tapped; System’s Shortfalls Filled

An aging population, expanded coverage due to health care reform and an improving economy are creating an increasingly daunting demand for health care services.

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Ichor Wields Weapon in Biological Threat Fight

Ichor Medical Systems Inc., a San Diego-based biotech, recently was awarded funding potentially worth $20.2 million over five years from a national defense organization to develop a special kind of immunization to protect U.S. military members and the general population against biological threats.

Reva Medical Inc. Completes $25 Million Financing Transaction

San Diego-based Reva Medical Inc., a medical device company developing stents that can be absorbed by the body, announced that the $25 million financing transaction approved by shareholders on Oct. 31 has been successfully completed.

Waiting Period Ends for Proposed CareFusion, Becton Deal

Becton, Dickinson and Co. and CareFusion Corp. announced that the waiting period mandated under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 regarding Becton’s proposed acquisition of San Diego-based CareFusion expired on Nov. 19.

Neothetics to Sell 4.65 Million Shares to Raise $65.1 Million

San Diego-based Neothetics Inc., a developer of cosmetic therapies, said it will sell 4.65 million shares at $14 apiece in an initial public offering. The gross total to be raised is $65.1 million.

Receptos' Pricing Puts Public Offering of Common Stock at $360M

Receptos Inc., a biopharmaceutical company developing drug candidates to treat immune and metabolic diseases, announced the pricing of an underwritten public offering at $360 million for 3,600,000 shares of its common stock at a price to the public of $100 per share.

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BioMed Realty and Broad Institute Form Strategic Partnership to Promote Innovation

San Diego-based BioMed Realty Trust Inc. and the Broad Institute of MIT and Harvard announced a strategic partnership to foster innovation and promote relationships between academia and the life science industry.

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Chargers Blood Drive Set for November 25

The 36th annual Chargers Blood Drive, sponsored by San Diego County Credit Union, will be held on Tuesday, Nov. 25 from 9 a.m. to 6 p.m. at the Town and Country Resort Hotel & Convention Center in Mission Valley.

PsychArmor Gets $1 Million Donation to Open Center

PsychArmor, a nonprofit that helps veterans and their families, recently received a $1 million donation from the Rebecca Moores Foundation. The grant will help launch the Moores Center for Military Service Providers, which will assist civilian mental health practitioners who care for veterans, as well as others who provide similar services.

Organovo Releases Commercial Version of 3D Liver Tissue

Organovo Holdings Inc., a company that creates human tissues by 3-D bioprinting, announced the release of a commercial version of its bioprinted human liver tissue, specifically designed for testing drug toxicity.