San Diego Business Journal

SD HEALTHCARE

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

Collaboration Delivers on Pregnancy Care

TECHNOLOGY: Local Firm Helps West Wireless Develop 1st DeviceTwo local organizations, the West Wireless Health Institute and DD Studio, have teamed up to develop a device that could provide better care for expectant mothers in Mexico.

By Julie Gallant February 6, 2012 midnight   $$ Share

Cardium Therapeutics Gets $5M Boost From Stock Sale

Cardium Therapeutics Inc. said Feb. 16 that it raised $5 million in gross proceeds through a direct sale of nearly 18 million shares of its common stock.

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Rescuing Big Pharma?

BIOTECH: Local Companies Hatching Drug Innovations

Diego Miralles is conducting an experiment on the campus of Johnson & Johnson’s West Coast drug research center in Torrey Pines Mesa.

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Biotechs Create Jobs Along With Innovations

TECHNOLOGY: Optimer More Than Doubles Staff To Advance Dificid Drug

San Diego County’s biopharmaceuticals sector is an important part of the local economy and as diverse as the 16 companies represented on the San Diego Business Journal’s list of Biotechnology Companies for 2012.

Gen-Probe Test Offers Alternative to Invasive Prostate Biopsies

SCIENCE: Firm Expects Significant Sales Growth From Its FDA Approvals

San Diego-based molecular diagnostics company Gen-Probe Inc. has won the U.S. Food and Drug Administration’s approval for a test that detects the over-expression of a gene linked to prostate cancer.

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Investors Bet on Bioprinting as the Next Big Thing in Medicine

SCIENCE: Organovo Raises Funds to Advance Novel Tissue Technology

Backers stepped up and invested $6.5 million in Organovo Inc.

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Bright Ideas Win Race For Cash

FINANCE: Local Biotech Leads Investment Pack Despite VC Challenges

Even amid a risk-averse investing environment, there’s always money available for the most innovative drug and medical device ideas, said Joseph Panetta, CEO of the San Diego-based life sciences trade group Biocom.

Executive Profile: Douglas Bryant

Douglas Bryant is president and chief executive officer of Quidel Corp.(QDEL), a leading provider of rapid diagnostic tests and cellular-based virology assays.

Report: Life Sciences Venture Capital Soars 45 Percent in Q4

Companies in San Diego’s biotechnology and medical device industries continued to receive the largest share of local venture capital during the fourth quarter of 2011, according to PricewaterhouseCoopers MoneyTree Survey, conducted in partnership with the National Venture Capital Association.

Partnership Forms to Develop Imaging System

Brooks Life Science Systems said Feb. 7 that it has partnered with The Scripps Research Institute to jointly complete development of a microplate imaging system, used to evaluate the quality of compounds during drug discovery.

REIT Buys Local Care Facility for $67.5 Million

An Ohio-based real estate investment trust has purchased the Belmont Village assisted living facility in Sabre Springs for approximately $67.5 million.

Diagnostics Firm Moves To San Diego

Applied Proteomics Inc., an emerging diagnostics company focused on protein analysis, said recently that it relocated its corporate headquarters to San Diego from Glendale and appointed veteran diagnostic developer Peter Klemm as its first CEO.

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Locals Land Spot on Prestigious U.S. Health System Ranking

HOSPITALS: PPH and Scripps Health Standouts In Performance Report

Two local health systems, Palomar Pomerado Health and Scripps Health, were named to a list of the best-performing health care groups in the nation, based on a data analysis by New York-based business information company Thomson Reuters.

EvoNexus Raises Its Profile, But Doesn’t Lower Standards

INCUBATOR: Downtown Expansion Seeks to Foster A ‘South of Market’ Vibe

For every 15 startups that apply to be part of San Diego’s nonprofit EvoNexus incubator, 14 are turned away, said Kevin Hell, the pro-bono chairman of EvoNexus and former chief executive of local software firm DivX Inc., which was bought out in 2010.

Applied Proteomics Moves Headquarters to Torrey Pines, Hires Inaugural CEO

Applied Proteomics Inc., an emerging diagnostics company focused on protein analysis, said Feb. 7 that it relocated its corporate headquarters to San Diego from Glendale and appointed veteran diagnostic developer Peter Klemm as its first CEO.

Details Worked Out for Cardiovascular Safety Trial of Orexigen’s Obesity Drug

Orexigen Therapeutics Inc. said it reached an agreement with the U.S. Food and Drug Administration on the design and analysis of a cardiovascular safety trial for the company’s investigational obesity drug Contrave.