San Diego Business Journal


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

ResMed Acquires Software Provider Jaysec for Undisclosed Sum

San Diego-based ResMed Inc. announced it has acquired Jaysec, a provider of Internet-based software solutions for the home medical equipment industry.

Cidara Therapeutics Completes $42 Million Financing Round

San Diego-based Cidara Therapeutics Inc., a biotechnology company developing anti-infectives and immunotherapies, announced the completion of a $42 million financing round on Wednesday.

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Isis Pharmaceuticals Announces $5M Milestone Payment

Carlsbad-based Isis Pharmaceuticals Inc. announced that it has earned a $5 million milestone payment from Biogen Idec related to developing a treatment for an unspecified neurological disorder.

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Ligand Reports Q4 Net Income of $7.1M

Ligand Pharmaceuticals Inc., a San Diego-based biotechnology firm, posted quarterly earnings results.

CareFusion Signs Exclusive Agreement With Breas Medical

San Diego-based CareFusion Corp., a global medical technology company, announced Monday that it has signed an exclusive distribution agreement for the U.S. with Breas Medical for its Vivo line of ventilation equipment.

Company’s Buy Brings Complete Control of a Hemp Business

San Diego-based Medical Marijuana Inc. has acquired a hemp business from one of the biggest names in recreational cannabis, Denver-based Dixie Holdings LLC.

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‘Home’ Setting is Key to Hospice Care

MEDICINE: Sharp’s Model Is Residential, Not Institutional

Sharp HospiceCare has opened a hospice residence in Bonita that is intended to marry the comforts of home with the support of inpatient care.

Trovagene Announces Pricing of $20 Million Public Offering

San Diego-based Trovagene Inc., a developer of cell-free molecular diagnostics, announced Friday the pricing of an expected $20 million underwritten public offering of 4.4 million shares of its common stock.

CareFusion Posts Strong Second-Quarter Financial Results

CareFusion Corp. announced its second-quarter financial results, posting strong revenue growth bolstered by the acquisition of the Vital Signs division of GE Healthcare last January.

Anthem Discloses Data Breach; 80 Million Customers Affected

Anthem Inc., the nation’s second-largest health insurer, revealed late Wednesday that its information technology system has been hacked, exposing the birthdays, Social Security numbers, income data and other personal details of about 80 million customers and employees.

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Mark McClellan Appointed to Boards of Two West Health Entities

Dr. Mark B. McClellan, former head of the Centers for Medicare & Medicaid Services and the U.S. Food and Drug Administration, has been appointed to the boards of directors of the Gary and Mary West Health Institute in La Jolla and the Gary and Mary West Health Policy Center in Washington, D.C.

Tri-City Medical Center Opens First Primary Care Clinic

Tri-City Medical Center has launched its first primary care clinic in Vista called Tri-City Primary Care.

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Dr. Donald Kearns Named President/CEO at Rady Children's Hospital

Rady Children’s Hospital San Diego has named Dr. Donald Kearns as president and chief executive officer.

Ligand Pharmaceuticals, Sermonix Sign Licensing Agreement

San Diego-based Ligand Pharmaceuticals Inc. announced Tuesday the signing of a license agreement with Sermonix Pharmaceuticals LLC for the development and commercialization of oral lasofoxifene.

FDA Gives Zogenix OK to Retool Painkiller to Minimize Abuse of Drug

San Diego-based Zogenix Inc. announced that it has received regulatory approval for a new formulation of its painkiller Zohydro that is intended to be harder to abuse, though the company is still working on studies needed to uphold that claim.