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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DexCom CGM Device Is First of Its Kind to Get Medicare, Medicaid Reimbursement

Shares of locally-based DexCom Inc. skyrocketed 26 percent January 13 following news that patients will have easier access to the medical device maker’s lead product.

Vista-Based Access Biologics Sells Minority Stake for $51 Million

Local biotech Access Biologics has sold a minority stake of the company for $51 million to Barcelona-based pharmaceutical and chemical firm, Grifols.

AnaptysBio Hires CFO, Signals Intent for IPO

San Diego biotech AnaptysBio has hired a chief financial officer and signaled to the U.S. Securities and Exchange Commission that it plans to go public.

UC San Diego Receives $10.5 Million From Swiss Foundation

The University of California, San Diego will receive $10.5 million from Switzerland’s Family Larsson-Rosenquist Foundation to research the mysteries of human breast milk.

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Otonomy Eyes Swimmer’s Ear Market to Expand Use of Drug

Local drugmaker Otonomy Inc. is planning to ask the U.S. Food and Drug Administration for approval to sell its drug Otiprio for use in treating swimmer’s ear.

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Palliative Care Comes In Life-Affirming Model

MEDICINE: Co. Guides Patient, Family Through Last Journey

Dr. Bob Uslander was meditating on a bluff in La Jolla in early 2013 when he was jolted by an epiphany that would transform his professional life.

Venture Capitalists Liked These 10 S.D. Companies Best

During 2016, San Diego saw 103 venture capital investments for a total of about $1.28 billion, according to a MoneyTree report released this week by PwC and CB Insights.

DexCom Reports Record Revenue of $570 Million for 2016

San Diego medical device maker DexCom Inc. has reported $570 million in revenue for its fiscal 2016, a 42 percent jump over 2015.

Scripps Research Institute, Pfizer Ink Licensing Agreement

The Scripps Research Institute has landed a deal with global drugmaker Pfizer Inc. in which Pfizer will use TSRI’s technology to find promising chemical leads for new drugs.

Teamsters to Strike All UC Facilities Jan. 10

A plan by the Teamsters union to conduct a one-day labor strike Jan. 10 by clerical workers across the University of California system has been met with recrimination by UC San Diego Health, which said it plans to keep its facilities open during what it called a potentially illegal job action.

Mirati Therapeutics Announces Pricing of Public Offering

San Diego-based Mirati Therapeutics Inc. said Jan. 6 that it priced its initial public offering at $5.60 per share, raising up to $65 million before underwriting and related expenses. The offering is expected to close Jan. 11.

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Sharp's Chief Medical Officer Appointed to HQI Board

Sharp Chula Vista Medical Center’s chief medical officer has been appointed to a board that helps a number of state and regional groups improve industry performance and foster innovation.

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Illumina, IBM to Deploy Watson to Take on Cancer Treatments

Illumina Inc. kicked off the J.P. Morgan Healthcare Conference with a bang Monday morning when the company announced a partnership with IBM Watson that could revolutionize cancer care.

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Mast Therapeutics Merges With Austin-Based Biotech

Following a major clinical trial flop, San Diego’s public biotech Mast Therapeutics Inc. will merge with Austin, Texas-based Savara Inc.

Innovation Fund Makes $500,000 Investment in AristaMD

San Diego digital health company AristaMD has received a $500,000 investment from the Philadelphia College of Osteopathic Medicine’s Primary Care Innovation Fund.