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...

Vassiliadis Gives $8.5M for Jacobs Medical Center

Local philanthropist Carol Vassiliadis has donated gifts totaling $8.5 million to the University of California, San Diego for the future development of the Jacobs Medical Center.

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Three Companies Selected for Inaugural Illumina Accelerator

Illumina Inc. announced the selection of three startup companies for the inaugural Illumina Accelerator funding cycle. The companies are Encoded Genomics Inc., EpiBiome Inc., and Xcell Biosciences Inc.

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Aethlon Medical Device Used in Treatment of Ebola Patient

Aethlon Medical Inc., a San Diego-based medical device company, announced the first use of Hemopurifier therapy on a patient infected with Ebola virus.

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Cytori Completes $13.5M Registered Direct Offering

Cytori Therapeutics Inc. announced that it has completed the sale of shares of its Series A 3.6 percent convertible preferred stock pursuant to a registered direct offering representing gross proceeds of about $13.5 million.

Quidel Receives FDA Clearance to Market Assay

Quidel Corp., a San Diego-based diagnostics company, announced that it has received 510 (k) clearance from the U.S. Food and Drug Administration to market its Lyra Adenovirus Assay, a real-time PCR test for the qualitative detection of human adenovirus (HAdV) viral DNA.

Local Loan Firm Adds More Health Systems to Its Roster

Clear Balance, a San Diego provider of patient loans, recently added a few health care systems to its client base.

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Independa Uses TV as a Tool To Link Seniors and Caregivers

HEALTH: Keeping People Independent And Connected Is Goal

Independa Inc., a San Diego-based health care technology company, has joined forces with LG Electronics Inc. to embed a health monitoring social system into the televisions of seniors.

CareFusion Being Sold To BD in $12.2B Deal

BIOTECH: Buy Is Part of Recent Consolidation Trend

In the second biggest sale in San Diego life science history, New Jersey-based medical equipment supplier Becton, Dickinson and Co. has agreed to purchase San Diego-based CareFusion Corp. for $12.2 billion.

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Isis Pharmaceuticals Earns $18M Milestone Payment From GSK

Isis Pharmaceuticals Inc. announced that it has earned an $18 million milestone payment from GlaxoSmithKline Plc related to the advancement of the Phase 2/3 study of ISIS-TTRRx in patients with familial amyloid polyneuropathy (FAP).

Cognitive Medical Secures Several Government Contracts

Cognitive Medical Systems Inc., a health care software company, announced that it secured 11 federal and state agency contracts last quarter.

SupraMed to Debut EHR Platforms

San Diego-based SupraMed Inc., providers of Web-based practice management and electronic health record systems for private practice surgeons, announced the launch of its new technology platform, SupraMed Complete.

SpectraScience Taps SenaHill for Advice on $40M Financing Plan, Strategic Alternatives

SpectraScience Inc., a San Diego medical device company, sid it has engaged SenaHill Advisors LLC as an advisor in connection with a proposed equity financing of up to $40 million and a review of strategic alternatives.

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BioTheranostics Inc. Appoints Barthelemy President and CEO

BioTheranostics Inc., a San Diego-based cancer diagnostic company, has appointed life sciences industry veteran Nicolas Barthelemy to the position of president and CEO.

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ResMed Announces Commercial Sale of Noncontact Sleep Monitoring Device

San Diego-based ResMed Inc., a medical device maker for sleep-related conditions, announced the commercial distribution of its new at-home device ─ a noncontact sleep system called S+ by ResMed.

Carefusion to be acquired for $12.2 billion

The San Diego-based medical technology giant Carefusion Corporation is being acquired by New Jersey-based Becton, Dickinson and Company in a deal for $12.2 billion, the company announced Friday.