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...

Co. Aims to Disrupt Health Care Temp-Staffing Model With Website

MEDICINE: Site Streamlines the Process, Eliminates Need for Broker

There are scores of staffing agencies nationwide that cater to doctors looking for temporary work and hospitals seeking part-time physicians.

Receptos’ Pipeline Looks Promising

BIOTECH: Analysts Expect Sales in Billions for the Company

San Diego biotech Receptos Inc. watched its stock price soar last month after the company shared promising trial data involving a treatment for ulcerative colitis, an autoimmune inflammatory disorder affecting about 700,000 people in the United States, with 70,000 new cases diagnosed every year, according to the National Institutes of Health.

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‘The Physician Assistant Will See You Now’

HEALTH CARE: Hospitals Respond to Physician Shortage With New Staffing Model

A new model of “team-based” patient care in San Diego County could fill the gaps left by doctor shortages as hospitals and medical groups divvy up responsibilities among less-costly support staff, such as physician assistants and nurse practitioners.

Discovery Benefit Solutions Acquired by Arthur J. Gallagher & Co.

Discovery Benefit Solutions Inc., an insurance firm based out of Mission Valley that specializes in employee benefit plans, has been acquired by Arthur J. Gallagher & Co., the fourth-largest international brokerage firm.

DexCom Inc. Reports Third Quarter Financials

DexCom Inc., a San Diego-based medical device company, reported its unaudited financial results for the quarter ended Sept. 30, 2014.

CareFusion Reports $922 Million in First Quarter Revenue

CareFusion Corp., a medical technology company in San Diego, reported $922 million in revenue for its first quarter of fiscal 2015, an 11 percent increase from the same quarter last year, according to financial statements.

Mast Therapeutics Prices Underwritten Public Offering

San Diego-based Mast Therapeutics Inc., a clinical-stage biopharmaceutical company, announced the pricing of its underwritten public offering that is expected to raise gross proceeds of approximately $21 million.

Ebola Patient Treated With S.D. Device 'Virus Free'

San Diego-based Aethlon Medical Inc., a medical device company that offered its blood purifier device to treat an Ebola patient in Germany, announced that the hospital reported the patient “virus free.”

Isis Earns $7.5 Million Milestone Payment on Cancer Drug

Carlsbad-based Isis Pharmaceuticals Inc. announced that it has earned a $7.5 million milestone payment, the first of two milestone payments totaling $15 million, from AstraZeneca Plc for the advancement of its drug candidate, Isis-Stat3, in patients with advanced cancers.

Lpath's CEO Scott Pancoast Resigns

Lpath Inc. announced that Scott Pancoast has resigned as president, chief executive officer and a member of the board of directors effective Nov. 3.

International Stem Cell Corp. Gets FDA Clearance

International Stem Cell Corp., a Carlsbad-based biotech company developing stem cell therapies and biomedical products, announced that the U. S. Food and Drug Administration has cleared the company’s human parthenogenetic stem cell line for investigational clinical use.

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Arcturus Leaves Incubator For Torrey Pines Science Center

Arcturus Therapeutics Inc. announced its launch from incubator Johnson and Johnson Innovation Center as it expands operations at a new office and laboratory space in the Torrey Ridge Science Center, 10628 Science Center Drive.

Mast Therapeutics Reports Third Quarter Loss of $7.9 Million

Mast Therapeutics Inc., a pre-revenue, clinical-stage biopharmaceutical company in San Diego, reported a net loss of $7.9 million for the third quarter ending Sept. 30, 2014, compared to a net loss of $5.3 million for the same period in 2013.

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Novasyte’s Nurses Fill Training Roles

HEALTH: Device Makers Freed Up to Focus on Sales

Novasyte LLC, a private health care company in Carlsbad, is offering a training service to medical device companies that may help the medtech sector adjust to financial setbacks brought on by the medical device tax last year.

Reforms Push Doctors Into Group Practices

MEDICINE: They Offer Way to Handle Billing, IT

The added weight of new health care regulations appears to be driving doctors to opt out of private practice and entrepreneurial pursuits in exchange for the stability, support and paycheck offered by medical groups working in hospitals.