SD HEALTHCARERecent and archived news stories on: Biotechnology, Doctors, Drugs, Health Insurance, HMO's/PPO's, Hospitals, Medical Devices, Nursing...
San Diego-based Cytori Therapeutics Inc. could receive as much as $531 million in an Asia Pacific licensing deal with Chinese regenerative medicine company Lorem Vascular.
Businessman and philanthropist T. Denny Sanford has committed $100 million to create the Sanford Stem Cell Clinical Center at University of California, San Diego.
Right on the heels of the Food and Drug Administration’s approval of the narcotic painkiller Zohydro, San Diego-based Zogenix Inc. has announced a $60 million public offering of its stock.
San Diego-based drugmaker Celladon Corp. announced the terms of its approximately $75 million initial public offering, with plans to release 5 million shares of stock at a price range of $14 to $16 per share.
MEDICINE: It Will Focus on Improving Stakeholders’ Experiences
Tri-City Medical Center is regrouping after the firing of its chief executive, Larry Anderson, with Chief Operating Officer Casey Fatch filling the position in the interim.
PHARMA: Many at Co. Have A ‘Rich History’
Seragon Pharmaceuticals Inc. — a new San Diego company focused on breast cancer therapies with a management team coming off an extremely lucrative exit — has raised $30 million in Series A financing.
Biotech/Health Care Column
Illumina Inc. has acquired Silicon Valley-based NextBio Inc., which uses big data technology to systematically catalogue and interpret genetic data. This is a notable move for a company like Illumina that has a vested stake in lowering the cost of sequencing the human genome.
HEALTH: DJO Sees Aging Population Needing Its Devices to Stay Mobile
Vista-based DJO Global Inc.’s DonJoy brand has minor celebrity status in the football circuit, with its knee braces making regular cameos on national television.
HEALTH: Project Finished Ahead of Schedule and $100 Million Under Budget
Six months ahead of schedule and more than $100 million under budget, the joint-venture team of Clark Construction Group LLC and McCarthy Building Cos. Inc. is putting the finishing touches on a $456 million naval hospital at Marine Corps Base Camp Pendleton.
Mary Lacroix is CEO of Cognitive Medical Systems. The company develops custom clinical decision support solutions from its stable of software tools. With headquarters in San Diego, it is a certified HUBZone, service-disabled, veteran-owned and economically disadvantaged woman-owned small business.
Shares for San Diego-based Sequenom Inc. plunged 23 percent after it reported in a regulatory filing that it received an unfavorable ruling in a patent infringement case against San Jose-based Ariosa Diagnostics Inc.
Scripps Health and Sharp HealthCare have recently joined a health information exchange called San Diego Health Connect, the federally funded program connects hospital systems’ electronic health records.
San Diego-based NuVasive Inc.’s stock reached a 52-week high, closing day trading Oct. 30 at $31.40 — a 22 percent increase — following reports of strong third quarter earnings.
San Diego-based Pfenex Inc. has received a subcontract from Reston, Va.-based defense contractor Leidos Holdings Inc. to develop an anti-malaria agent.
DJO Global Inc., a Vista-based maker of orthopedic braces and other medical supports and devices, announced that its third quarter net sales grew 5.1 percent to $288 million, compared with the like quarter in 2012 in which it reported net sales of $274 million.