SD HEALTHCARE

PE Firm With SoCal Focus Raises $300M Fund

The firm has two San Diego companies in its eight-company portfolio.

First Blood Test to Evaluate Concussions Receives Green Light

A first-ever test from San Diego’s Banyan Biomarkers to help doctors diagnose traumatic brain injuries has won Federal Drug Administration approval.

Neurocrine Reports Big Gains

San Diego biotech Neurocrine reported a big increase in revenue following the launch of a nervous system drug in late spring, according to financial results released Feb. 13.

Hospital Deal to Fuel Downtown Escondido Construction Boom

An Encinitas developer has struck a deal to buy Palomar Health’s downtown Escondido hospital campus for $18 million, paving the way for a mixed-use project that’s poised to be the epicenter of a construction boom in the area.

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Tandem Diabetes Care Lists $60 Million Public Stock Offering

San Diego medical device maker Tandem Diabetes Care recently announced a $60 million public stock offering.

Sirenas Inks Research Partnership with Bristol-Myers Squibb

Sirenas, a marine-centric biotech in San Diego, has entered into a research agreement with pharmaceutical giant Bristol-Myers Squibb.

Dexcom CEO Is ‘Gadget Guy’ Who Emphasizes Human Side, Grows Co.

Seated beside an oval table in his office, Kevin Sayer squints to read a text on his phone. His blue eyes — the same color as his button-down shirt – light up.

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MKO Global Partners Acquired

San Diego-based MKO Global Partners has been acquired by Two Labs, which provides product and commercialization services to pharmaceutical manufacturers.

Former Arcturus CEO Is Challenging His Termination

Joseph Payne is challenging the legality of Arcturus Therapeutics firing him as president and CEO of the company, according to a Feb. 6 letter filed with the U.S. Securities and Exchange Commission.

Hospitals Take Preventive Fiscal Measures

San Diego hospital systems have reported significant drops in operating income given a whirlwind of financial pressures.

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Arcturus Therapeutics Terminates CEO

The company said Feb. 2 that its board fired president and CEO Joseph Payne and named Mark Herbert as interim president.

OncoSec Announces $20 Million Public Stock Offering

OncoSec Medical, a San Diego biotech developing cancer therapies, announced on Feb. 1 a $20 million public stock offering.

Illumina Awarded $26.7M in Lawsuit

LEGAL: Patent Infringement Case Over Prenatal Testing

A federal jury in San Francisco awarded Illumina $26.7 million in a lawsuit accusing Ariosa Diagnostics of infringing on patents, a decision that could bolster Illumina’s strong position in the prenatal testing market.

Medical Director Named at Scripps MD Anderson Cancer Center

Thomas Buchholz, a physician, researcher and scholar, has been named medical director of the Scripps MD Anderson Cancer Center.

Medical Providers Target Areas Of Risk to Combat Opioid Abuse

MEDICINE: New Approach Includes Preemptive Efforts, Changes in Treatments

San Diego health systems have sought to lessen opioid prescriptions, from emergency rooms to cancer care.

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