San Diego Business Journal


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

Vical Inc. Announces $4.4 Million Loss For Third Quarter

Vical Inc., a San Diego-based biopharmaceutical company, announced Thursday that it lost $4.4 million in the third quarter, or 5 cents per share, which is 1 cent below what Wall Street analysts were projecting. The loss is less than half the $9.9 million Vical lost in the same period in 2013.

AMN Healthcare Reports $265 Million in Third-Quarter Revenue

AMN Healthcare Services Inc., a San Diego-based staffing company, announced quarterly revenue of $265 million for the third quarter of this year.

Zogenix Acquires U.K.-Based Brabant Pharma

Zogenix Inc., a San Diego-based pharmaceutical company making products for the treatment of pain-related and central nervous system disorders, announced that it has acquired Brabant Pharma, a privately-held U.K.-based pharmaceutical company for $20 million in cash and $15 million in stock, plus potential future milestone and royalty payments.

Local Companies Aid Efforts to Treat Ebola

MEDICINE: Aethlon Device Is Used to Filter Patient’s Blood

A local medical device maker Aethlon Medical Inc. has joined the San Diego effort to develop an Ebola treatment using its experimental blood-filtration system to treat a patient in Germany.

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Cosmederm Itching to Take on the ‘Big Boys’

MEDICINE: Specialty Pharma Gets $50M to Support Drug

Cosmederm Bioscience Inc., a La Jolla-based specialty pharmaceutical company, has received a $50 million investment to help expand its TriCalm line — an over-the-counter steroid-free itch reliever that the company hopes will trump well-known competitors like over-the-counter hydrocortisone cream.

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Medical Marketplace

HEALTH: The EMR Mandate Opens Door For Industry Innovations

A federal mandate requiring hospitals to install electronic medical record systems has not only streamlined the collection of patient information, it has opened up new markets for innovation in San Diego County and created a new field in health care.

UC San Diego Medical Center-Hillcrest Tapped to Treat Ebola Patients

Stepping up California’s preparedness to treat Ebola patients, state public health authorities on Friday officially designated five University of California hospital systems as “priority” hospitals statewide, including UC San Diego Medical Center-Hillcrest.

ResMed Inc. Posts $380.4 Million in First-Quarter Revenue

San Diego-based ResMed Inc., a medical technology company making devices for sleep-related breathing disorders, announced revenue of $380.4 million for the quarter ending Sept. 30, a 6 percent increase compared to the same quarter last year.

Fraden Corp. Develops Thermometer for Smartphones

Just in time to meet the Ebola outbreak demand for detecting fever, San Diego-based Fraden Corp. announced that it received a second U.S. patent for augmenting any smartphone with an instant non-contact infrared thermometer.

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Edico Genome Announces Launch of Dragen Processor

Edico Genome Inc., a San Diego-based company that makes integrated circuits for processing genomic data, announced the broad commercial launch of its flagship Dragen processor.

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Otonomy Names Yost Chief Commercial Officer

San Diego-based Otonomy Inc., a clinical-stage biopharmaceutical company, announced the appointment of Anthony Yost as chief commercial officer.