San Diego Business Journal


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

Fitch Upgrades Palomar Health's Outlook from Negative to Stable

Fitch Ratings officials, previously concerned with Palomar Health’s outstanding debt, recently upgraded what had been a negative outlook to stable – citing increasing financial stability and a good market position as key drivers for the revision.

Genentech, Human Longevity Sign Multiyear Agreement

San Diego-based Human Longevity Inc. announced a multiyear agreement with Oceanside's Genentech, a member of the Roche Group, to conduct whole genome sequencing of tens of thousands of samples from Genentech.

Neuropore Therapies to Collaborate With Belgian-Based UCB S.A.

San Diego-based Neuropore Therapies Inc., a biotechnology firm, has entered into a collaboration agreement with Belgium-based UCB S.A. to develop and commercialize products that may slow the progression of Parkinson’s disease and related disorders.

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New GOP-Led Congress Aims to Repeal Medical Device Tax

HEALTH: Strong Bipartisan Support For Nixing Controversial Levy

During the opening session of the newly-elected Congress, a bipartisan group of politicians introduced yet another measure to repeal the medical device tax.

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Millennials Changing Health Care Model

MEDICINE: More Personal, Complete Services Sought

If it wasn’t already apparent by the flocks of twenty-somethings scanning labels in supermarkets — inquiring if the chicken is hormone-free, if the beef is grass-fed and if the produce is organic — market research has confirmed that the millennial generation is the most health-conscious to date,

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Drug Uses Trick Play In Weight-Loss Game

BIOTECH: S.D. Has Novel Therapies for Fat Fight

Maybe it’s the beaches, bikinis and sunshine. Maybe it’s the local talent pool.

Obalon Announces Completion of $30 Million in Financing

San Diego-based Obalon Therapeutics Inc., a private medical technology company, announced the completion of $30 million in financing to advance the development of their weight-loss device.

TruMed Systems Moves From EvoNexus to Irvine Co. Space

TruMed Systems Inc., a medical device company, graduated from the San Diego-based incubator EvoNexus with a $5.5 million Series B funding round, according to a recent press release.

Adamis Pharmaceuticals Reports Raising $10.6 Million in Public Offering

Adamis Pharmaceuticals Corp., a San Diego-based biopharmaceutical company, raised about $10.6 million in a previously announced public offering, according to a recent company press release.

Ligand Pharmaceuticals Partner's Drug Receives Orphan Designation

San Diego-based Ligand Pharmaceuticals Inc. announced that its partner New York-based Retrophin Inc. has received orphan drug designation from the U.S. Food and Drug Administration for Sparsentan, a drug developed to treat scar tissue in the filtering unit of the kidney.

Trovagene Inc. Announces Collaboration With UCSD Moores Cancer Center

Trovagene Inc., a San Diego molecular diagnostics company, announced that it has entered into a clinical collaboration with the University of California, San Diego's Moores Cancer Center.

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Arcturus Partners With Canadian Company for Manufacture of RNA Medicines

San Diego-based Arcturus Therapeutics and Canadian company Precision NanoSystems announced a partnership for the manufacture of RNA medicines.

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AMN Announces Completion of Acquisitions From OGH

San Diego-based AMN Healthcare Services Inc., a health care staffing company, announced the completion of the previously announced acquisition of Onward Healthcare, Locum Leaders and Medefis from OGH LLC for a total purchase price of $82.5 million.

ACA Means Business in 2015; Other New Laws Bring Changes

The California Legislature had an active year, adding 930 new laws that will come into effect in 2015 – many of which aim to reform the state’s health care industry. These come as the federal health care reform hits businesses in a big way this year.

Aethlon Device Approved For Treating Patients

BIOTECH: Firm’s Hemopurifier Makes A Top Invention List

San Diego-based Aethlon Medical Inc., a medical device company developing therapies for infectious diseases and cancer, announced that the U.S. Food and Drug Administration has approved a clinical protocol to treat Ebola-infected individuals in the U.S. with the Aethlon Hemopurifier.