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...

Company’s Expanding Roles Bring a Change in Its Name

MEDICINE: Millennium Health Brings Three Sets Of Tools to the TableSan Diego-based Millennium Laboratories Inc. announced recently that it has changed its name to Millennium Health LLC.

By BRITTANY MEILING September 5, 2014 3:40 p.m.   $$ Share

Court Ruling Against Utah Company Is Good News for Pathway Genomics

An appeals court has ruled against Salt Lake City-based Myriad Genetics Inc. regarding its gene sequencing patents used for breast and ovarian cancers. This ruling is not only good for defendant Ambry Genetics Corp., but for San Diego-based Pathway Genomics Corp., which has also been sued by Myriad.

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'Celebrity' Endorsement Boosts Isis Stock Price

Shares of Isis Pharmaceuticals Inc. soared to a record high the morning of December 19 following an endorsement by financial personality and former hedge fund manager Jim Cramer.

Royal Philips to Buy Volcano Corp. for $1 Billion

BIOTECH: S.D. Company’s Imaging Prowess Draws Buyer

Royal Philips NV agreed to buy San Diego-based Volcano Corp. for $1 billion to expand catheter-based imaging of the heart and blood vessels as part of a wider refocus on more profitiable markets, such as medical gear.

MEI Pharma Raises $46 Million in Public Offering

MEI Pharma Inc., a clinical-stage oncology company, announced that it has raised about $46 million from the sale of 11.5 million shares of its common stock.

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AMN Healthcare to Acquire 3 Brands From OGH LLC

AMN Healthcare Services Inc., a San Diego-based health care staffing company, announced an agreement to acquire Onward Healthcare, Locum Leaders and Medefis from OGH LLC for $82.5 million.

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Halozyme Therapeutics, Janssen Biotech Sign Agreement

Halozyme Therapeutics Inc., a San Diego-based biopharmaceutical company, will receive $15 million as an initial payment from Pennsylvania-based Janssen Biotech Inc. as part of a collaboration and license agreement to develop and commercialize products combining Halozyme’s technology with Janssen’s compounds.

Royal Philips NV Buys Volcano Corp. for $1 Billion

Royal Philips NV agreed to buy San Diego-based Volcano Corp. for $1 billion to expand in catheter-based imaging of the heart and blood vessels as part of a wider refocus on more profitable markets, such as medical gear.

Rock My World Adds New Feature to Music App

Downtown-based Rock My World has trotted out a new feature on its RockMyRun music app for iPhones — one that plays tunes in synch with a listener’s heartbeat.

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Steve Martin Appointed CFO of Applied Proteomics Inc.

Applied Proteomics Inc., a San Diego-based developer of protein-based molecular diagnostics, announced the appointment of Steve R. Martin as chief financial officer.

Biocept Inc. Granted Patent by South Korea

San Diego-based Biocept Inc., a molecular oncology diagnostics company, announced that it has been granted a patent in South Korea for its microfluidic channel technology used to capture circulating tumor cells.

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Medical Records Portals Help Patients and Providers

Due to rising consumer interest in health information technology and the transition to accountable care inspired by health care reform - patient portals are everywhere.

Sharp Contracts With Geneva For Cardiac Platform

Geneva Health Care Inc., a San Diego-based medical technology company, announced that Sharp HealthCare will begin using the Geneva Healthcare Suite, a technology platform for managing data from cardiac devices.

Organovo Partners With Yale for Tissue Creation

BIOTECH: Efforts Backed By Grant From a Foundation

San Diego 3-D bioprinting company Organovo Holdings Inc. and Yale School of Medicine, Department of Surgery have formed a collaboration to develop bioprinted tissues for surgical transplantation research, according to a recent news release.

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‘Sweat Equity’

BIOTECH: Dehydration Detection Is Leading Co. To Other Types of Sensors

Electrozyme LLC, a local startup that has attracted the financial support of Dallas Mavericks owner Mark Cuban, has developed a technology for fitness-related wearable devices that will tell users when they are nearing dehydration — and what to do about it.

Batu Biologics Files Investigational Drug App With FDA

Batu Biologics Inc., a biotechnology company developing a cancer vaccine that targets a tumor's blood vessels, announced the filing of an Investigational Drug Application (IND) with the U.S. Food and Drug Administration (FDA) for its lead immune therapy, ValloVax.