SD HEALTHCARE
Recent and archived news stories on: Biotechnology, Doctors, Drugs, Health Insurance, HMO's/PPO's, Hospitals, Medical Devices, Nursing...Palomar Now Part of Mayo Clinic Network
MEDICINE: Is First California Organization to Join the SystemPalomar Health will be the first in California to join the Mayo Clinic Care Network, a group of about two dozen hospitals that are affiliated with the prestigious Mayo Clinic and can tap its resources. December 7, 2013 midnight $$ ShareCalbiotech Buys a Sacramento Biotech Company
San Diego-based Calbiotech Inc. announced it bought Sacramento-area Moduline Systems Inc. for an undisclosed sum.
Salk Institute Names Alan Gold and David Hale to Its Board
The Salk Institute for Biological Studies in La Jolla has appointed two veteran businessmen to its board – Alan Gold, Chairman and CEO of BioMed Realty Trust, and venture capitalist David Hale, CEO of Hale BioPharma Ventures LLC.
CareFusion Acquiring 40% of Israeli Company for $100 Million
San Diego-based CareFusion Inc. is investing $100 million in Israeli pump maker Caesarea Medical Electronics, acquiring a 40 percent stake of the company.
Accelrys Acquires Irish Software Company for $50 Million
San Diego-based life sciences software company Accelrys Inc. has acquired Ireland-based Qumas for $50 million in cash.
Volcano to Buy Back $200M of Company’s Stock
BIOTECH: Strategic Reprioritization Reduces Amount for M&A Activity
Volcano Corp. has authorized a $200 million share repurchase program — an initiative in line with advice from an activist investor who is reportedly grooming the company as an acquisition target.
New Medical Facilities Add Jobs and Needed Services to Region
HEALTH: Scripps, Kaiser, UC San Diego Have Plans For New Facilities
The completion of the $456 million Camp Pendleton Naval Hospital and the $225 million Scripps Proton Therapy Center highlighted a year in which several medical facilities, large and small, made strides toward opening.
Ligand Pharmaceuticals Raises Q4 and 2013 Forecast
Ligand Pharmaceuticals Inc. has grown its revenue and net income guidance, due to better-than-expected sales of its Captisol product.
Palomar Health Is First to Join Mayo Clinic Care Network in California
Palomar Health will join the Mayo Clinic Care Network, the Escondido-based health system announced Wednesday.
Sense4Baby Receives Key Regulatory Clearances for Monitoring System
Sense4Baby Inc. — a developer of a remote, wireless maternal-fetal heart rate monitoring system to perform nonstress testing for high-risk pregnancies on a smartphone or tablet — received 510(k) clearance from the U.S. Food and Drug Administration and a CE mark from the European Commission to commercialize its medical device.
Ignyta Raises $54M in 2 Private Placements
San Diego-based cancer drug developer Ignyta Inc. has raised $54 million in two separate stock offerings, exceeding the company’s original target of $35 million.
Zogenix and Battele Extend Collaboration on Needle-Free Drug Delivery
San Diego-based pharmaceutical company Zogenix Inc. announced a long-term collaborative agreement with global research-and-development organization Battelle to co-market Zogenix’s DosePro needle-free drug delivery technology.
Volcano to Repurchase $200M in Stock as Part of 'Strategic Reprioritization Initiative'
Volcano Corp. has authorized a $200 million share repurchase program — which is in line with the advice from an activist investor who is reportedly grooming the company as an acquisition target.
Orexigen Plans $100M Senior Notes Offering
San Diego-based Orexigen Therapeutics Inc. is planning a $100 million offering of convertible senior notes, the company announced.
ResMed Buys Unimedis to Target Czech and Slovak Markets
ResMed Inc., a San Diego-based medical device maker, has bought Unimedis, a distributor of equipment for treating sleep-disordered breathing operating in the Czech Republic and Slovakia.
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