STARTUPS: Program Serves Earliest-Stage Biotech Companies
Biotech startups in Southern California will soon have the opportunity to speed up their path to commercialization.
SOFTWARE: German SaaS Provider Complements Offerings
ResMed (NYSE: RMD) announced on Tuesday (June 14) that it has entered an agreement to buy MEDIFOX DAN, a privately held German company specializing in out-of-hospital software solutions, for $1 billion.
PHARMA: Company Makes Psychedelics Sustainable, Scalable
CB Therapeutics is bringing a bit of scientific “magic” of its own to the growing field of “magic” mushroom and other natural psychedelic compounds research.
BIOTECH: San Diego Now Canadian Firm’s US HQ
A Canadian pharmaceutical company – Entos Pharmaceuticals – has moved its U.S. operations to a Torrey Pines life science campus after starting them in a nearby incubator.
ResMed (NYSE: RMD) announced on Tuesday (June 14) that it has entered an agreement to buy MEDIFOX DAN, a German company specializing in out-of-hospital software solutions, for $1 billion.
BIOTECH: Software Speeds up Process for Future Vaccines
Scripps Research is helping fellow scientists everywhere speed up the process of studying RNA for drug development. Last month, Scripps announced it had created an app named “Pytheas” for studying RNA molecules and that it would be offered to the scientific and academic communities for free as an open-source software tool.
BIOTECH: $4.1B Deal Expands ‘Oncology Franchise’
Bristol Myers Squibb (BMS) is further strengthening its ties to San Diego. On June 3, the New York-based global biopharmaceutical company announced it had acquired Turning Point Therapeutics, Inc., a clinical-stage precision oncology company based in San Diego.
San Diego-based Illumina (NASDAQ: ILMN) has announced that its CFO, Sam Samad, will be leaving the company next month.
BIOTECH: Company Raises $15M Pre-Series A
Multi-omic instrument platform company Pleno, Inc. is poised to disrupt clinical testing.
HEALTHCARE: Expansion at Serra Mesa Hospital Part of ‘ENVISION’
Sharp HealthCare is already bringing its “ENVISION” to life. On May 26, the Foundations of Sharp HealthCare broke ground on Sharp Memorial Hospital’s emergency and trauma center expansion – and used the occasion to announce a $250 million fundraising campaign to advance improvements at Sharp’s corporate headquarters, regional medical centers and specialty hospitals.
BIOTECH: Firm’s DNA Sequencing Display Debuts at JA’s BizTown
Illumina, a San Diego stalwart since 1998, now has a high-profile presence at the McGrath Family JA BizTown in the Grantville community.
EVENT: National Conference Held Amidst Industry’s Changing Economy
After two years of pandemic delays, the Association of Bioscience Financial Officers (ABFO) will finally hold its national conference in San Diego next week (June 5-8).
San Diego is the second busiest region in the country when it comes to converting traditional office space to life science labs, according to a report by the commercial real estate brokerage CBRE.
PHARMA: $67M NIH Program Includes 16 U.S. Research Institutes
The National Institute of Allergy and Infectious Diseases (NIAID) announced earlier this month (May 18) it was sponsoring a major new antiviral drug development center to be led by La Jolla-based Scripps Research.
HEALTHCARE: ‘Heroes in the Hotspots’
Demand for traveling nurses has slackened since the peak of the COVID-19 pandemic but staffing companies that represent the nurses said the demand remains high with far more openings than nurses to take them.