San Diego Business Journal


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

Zogenix Sells Zohydro ER Business to New Jersey-Based Pernix

San Diego-based Zogenix Inc. announced that it has agreed to sell its Zohydro ER business to New Jersey-based Pernix Therapeutic Holdings Inc. for $100 million, plus regulatory and sales milestones up to $283.5 million.

Zafgen Reports Positive Clinical Results With Obesity-Related Drug

Zafgen Inc., a biopharmaceutical company developing treatments for obesity and metabolic disorders, announced positive clinical data from a recently completed Phase 2 trial of its obesity-related drug beloranib.

Epic Sciences Announces Collaboration With Consortium

Epic Sciences Inc., a San Diego-based diagnostic company, announced a collaboration with The Prostate Cancer Clinical Trials Consortium in which Epic’s circulating tumor cell technology will be applied in multiple studies.

Regen Files Patent Application for a Cancer Drug

Regen BioPharma Inc. announced that it has filed a patent application for a therapy for the treatment of myelodysplastic syndrome.

Former Biotech Exec Now Curing Sales and Marketing Woes

Richard Hollis’ name has long been associated with biotechnology. But the 2008 recession and an unpleasant end to his last enterprise, Hollis-Eden Pharmaceuticals, got him thinking about new directions.

TearLab Announces $35M Term Loan Agreement

San Diego-based TearLab Corp. has entered into a term loan agreement with health-care-focused investment firm CRG for up to $35 million in borrowing capacity, TearLab said.

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Health Systems Busy Building Up in County

MEDICINE: Seismic Retrofits, More Services Drive Activity

Health systems in San Diego County are facing a deadline to retrofit hospital buildings — or build new ones — to meet the state’s rigorous seismic safety standards by 2030.

Sequenom Reports Net Loss of $14.4 Million for Fiscal 2014

Sequenom Inc., a life science company providing genetic analysis solutions, reported its net loss for fiscal 2014 ($14.4 million) improved 87 percent from 2013 ($109.6 million).

R&D Costs Leave Receptos With Q4 Net Loss of $38 Million

Receptos Inc., a biopharmaceutical company developing treatments for immune and metabolic diseases, reported a fourth-quarter net loss of $38 million, up from $15 million in the same quarter the previous year.

Orexigen Therapeutics Shares Rise 50 Percent After Filing Patent

Shares of Orexigen Therapeutics Inc. leapt 50 percent after the San Diego company filed a patent for its recently approved weight loss drug Contrave, claiming it reduced heart disease.

Crisi Medical Systems Acquired by Becton, Dickinson and Co.

San Diego-based Crisi Medical Systems Inc., a medical technology company, has been acquired by global firm Becton, Dickinson and Co. (BD).

Denovo Biopharma Gets Exclusive Drug License from Eli Lilly

Denovo Biopharma LLC has exclusively licensed a previously failed late-stage neuroscience drug from global pharma firm Eli Lilly and Co., according to a recent news release.

Sotera Wireless Acquires Reflectance Medical

Sotera Wireless, the Mira Mesa-based medical device company, said on Feb. 25 that it acquired Reflectance Medical Inc. of Westborough, Mass. for undisclosed terms.

Scripps Health Acquires San Diego OB-GYN Medical Group

San Diego OB-GYN Medical Group in Hillcrest has joined Scripps Clinic Medical Group, according to a recent news release. The agreement creates the 14th Scripps Clinic location in San Diego County.