San Diego Business Journal


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

IriSys Raises $6.3 Million in Equity Financing

San Diego-based IriSys LLC has raised $6.3 million in equity financing, according to a recent filing with the Securities and Exchange Commission.

Consortium Formed to Develop Program to Fight Ebola

Scripps Translational Science Institute (STSI) announced Friday that it will lead a consortium of four partners to develop a program to improve health outcomes for Ebola patients, increase the safety of health care workers and reduce the risk of spreading the virus to others.

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North County Health Services Completes Expansion of Oceanside Campus

North County Health Services announced Thursday the completion of a $5 million overhaul of its Mission Mesa campus in Oceanside. The project, which broke ground in December of 2013, quadrupled the size of the community clinic.

Molecular Response Sells Business Unit to Crown Biosciences

San Diego-based Molecular Response LLC announced Thursday the sale of one of its business units to Santa Clara-based Crown Biosciences Inc.

ResMed Acquires Software Provider Jaysec for Undisclosed Sum

San Diego-based ResMed Inc. announced it has acquired Jaysec, a provider of Internet-based software solutions for the home medical equipment industry.

Cidara Therapeutics Completes $42 Million Financing Round

San Diego-based Cidara Therapeutics Inc., a biotechnology company developing anti-infectives and immunotherapies, announced the completion of a $42 million financing round on Wednesday.

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Isis Pharmaceuticals Announces $5M Milestone Payment

Carlsbad-based Isis Pharmaceuticals Inc. announced that it has earned a $5 million milestone payment from Biogen Idec related to developing a treatment for an unspecified neurological disorder.

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Ligand Reports Q4 Net Income of $7.1M

Ligand Pharmaceuticals Inc., a San Diego-based biotechnology firm, posted quarterly earnings results.

CareFusion Signs Exclusive Agreement With Breas Medical

San Diego-based CareFusion Corp., a global medical technology company, announced Monday that it has signed an exclusive distribution agreement for the U.S. with Breas Medical for its Vivo line of ventilation equipment.

Company’s Buy Brings Complete Control of a Hemp Business

San Diego-based Medical Marijuana Inc. has acquired a hemp business from one of the biggest names in recreational cannabis, Denver-based Dixie Holdings LLC.

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‘Home’ Setting is Key to Hospice Care

MEDICINE: Sharp’s Model Is Residential, Not Institutional

Sharp HospiceCare has opened a hospice residence in Bonita that is intended to marry the comforts of home with the support of inpatient care.

Trovagene Announces Pricing of $20 Million Public Offering

San Diego-based Trovagene Inc., a developer of cell-free molecular diagnostics, announced Friday the pricing of an expected $20 million underwritten public offering of 4.4 million shares of its common stock.

CareFusion Posts Strong Second-Quarter Financial Results

CareFusion Corp. announced its second-quarter financial results, posting strong revenue growth bolstered by the acquisition of the Vital Signs division of GE Healthcare last January.

Anthem Discloses Data Breach; 80 Million Customers Affected

Anthem Inc., the nation’s second-largest health insurer, revealed late Wednesday that its information technology system has been hacked, exposing the birthdays, Social Security numbers, income data and other personal details of about 80 million customers and employees.

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Mark McClellan Appointed to Boards of Two West Health Entities

Dr. Mark B. McClellan, former head of the Centers for Medicare & Medicaid Services and the U.S. Food and Drug Administration, has been appointed to the boards of directors of the Gary and Mary West Health Institute in La Jolla and the Gary and Mary West Health Policy Center in Washington, D.C.