San Diego Business Journal

SD HEALTHCARE

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

Performing Under Pressure

BIOTECH: Exec Brings Co. to S.D. To Work on Stroke Treatment DeviceKleanthis Xanthopoulos, a veteran of San Diego’s biotech community, is heading up a new venture in La Jolla.

By Brittany Meiling May 25, 2016 3:04 p.m.   $$ Share

Orexigen Co-founder Resigns From the Board of Directors

San Diego drugmaker Orexigen Therapeutics Inc. announced May 27 that Dr. Eckard Weber, the company’s co-founder and former chairman, has resigned from the board of directors.

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Phoenix House California Names New Executive Director

Phoenix House California named Shawna Morris its executive director over the nonprofit's California locations, including Phoenix House San Diego.

Justice Department Sues Prime Healthcare

The U.S. Department of Justice on Wednesday announced that it has filed a Medicare-fraud lawsuit against Prime Healthcare Services Inc. of Ontario, which owns Alvarado Hospital in San Diego, where a whistleblower complaint initiated an investigation.

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Biotech Investor Makes San Diego the Center of His Ecosystem

FINANCE: Xanthopoulos Brings Leadership, Focus And Location to Companies

The growth of San Diego’s biotech hub is often credited to a small but active pool of “serial entrepreneurs.” As the historically vibrant ecosystem begins to dim in a down market, a few bold individuals with enough cash or clout to refuel the sector become increasingly valuable.

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Avalon, GSK Launch Their Eighth Startup

DRUGS: Tougher Times in Pharma Add to Challenges

Avalon Ventures LLC is launching an additional startup out of its venture capital incubator in La Jolla. The firm, called PDI Therapeutics Inc., is jointly backed by British drugmaker GlaxoSmithKline plc and San Diego’s Avalon as part of an ongoing partnership.

Qualcomm and Medtronic Team Up on Disposable Diabetes Tech

Qualcomm Life, the San Diego healthtech subsidiary of Qualcomm Inc., is teaming up with Medtronic Plc to develop disposable glucose monitoring systems for type 2 diabetes patients.

UC San Diego Key Partner in New Binational Institute

Advanced materials able to withstand extreme environments are the focus of a new binational institute inaugurated May 24.

La Jolla-Based Innovus Acquires Texas Firm

La Jolla’s Innovus Pharmaceuticals Inc., a commercial-stage drug company that makes over-the-counter medicine, has acquired Austin, Texas-based Beyond Human for $630,000 in cash.

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MDRejuvena Appoints Kriech as President and CEO

San Diego skin care firm MDRejuvena Inc. has appointed Randy Kriech as president and CEO of the company.

Mesa Biotech Appoints CFO, SVP of Operations

San Diego-based Mesa Biotech Inc., a privately held, molecular diagnostic company, announced the appointment of Tom Willardson as chief financial officer and John Monroe as senior vice president of operations.

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Executive Q&A Vanessa Jacoby, Dan Chevallard, VPs of Finance

These are uneasy days for biotech CFOs. Valuations are down, capital is harder to come by, and companies (fearful they will be undervalued) are shying away from acquisition talks.

Ionis Pharmaceuticals, Texas Cancer Center to Partner

One of San Diego County’s biggest drugmakers is teaming up with a cancer center in Texas to tackle new strategies in oncology.

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Sharing Economy Puts On White Lab Coat

BIOTECH: Key Resource Offered in Co.’s Lab Rentals

Two entrepreneurs in San Diego are applying “sharing economy” principles to a new frontier: science.

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OncoSec to Raise $10 Million in Stock Offering

San Diego-based OncoSec Medical Inc. will sell about $10 million of its common stock to a single health care institutional fund, the company announced Monday.