San Diego Business Journal


Recent and archived news stories on: Biotechnology, Doctors, Drugs, Health Insurance, HMO's/PPO's, Hospitals, Medical Devices, Nursing...
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Sharp Grossmont Completes $41M Renovation on East Tower

Sharp Grossmont Hospital’s East Tower is officially open for business following the completion of a three-year, $41 million renovation.

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Biz Taps a Rich Vein: Hangover Sufferers

SERVICE: I.V. Society’s Product Is Rehydration

It’s not uncommon for those who enjoy San Diego’s craft beer and beach nightlife to drink too much. Visiting conventioneers, vacationers and wedding parties are particularly prone to excess (let’s call it the “carpe diem effect”).

Organovo Subsidiary Samsara Launches Commercial Operations

San Diego’s 3D bioprinting firm Organovo Holdings, Inc. announced Wednesday that its subsidiary Samsara Sciences Inc. has officially launched commercial operations.

Apricus Biosciences to Raise $10 Million From Stocks, Warrants Offering

San Diego-based Apricus Biosciences Inc. announced that it has entered into agreements to raise $10 million in a registered direct offering of stocks and warrants.

Illumina Forms Company to Develop Blood Test for Cancer

San Diego-based Illumina, the world’s largest maker of DNA sequencing machines, said Sunday that it was forming a company to develop a blood test that can detect any kind of cancer at an early stage.

Medical Device Maker ResMed Buys Austin-Based Inova Labs

San Diego medical device maker ResMed announced Monday that it will buy Inova Labs of Austin, Texas.

Abide Therapeutics Appoints Beals as Chief Medical Officer

San Diego-based Abide Therapeutics announced the appointment of Dr. Chan Beals as chief medical officer.

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Executive Q&A Sara Radcliffe, President/CEO California Life Sciences Association

A two-year suspension of the medical device tax was signed into law late last month, to the delight of the industry and life science associations.

Sequenom to Cut 110 Jobs, Cease North Carolina Operations

San Diego diagnostic maker Sequenom Inc. announced Thursday that it will cut 110 jobs, or about 20 percent of its workforce, and divest its North Carolina operations.

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Institute and Company to Form Accelerator

BIOTECH: HTL Life Plans to Raise $40M For Venture Fund

The La Jolla Institute for Allergy and Immunology has established a joint venture with San Diego’s HardTech Labs to fund and fuel startups focused on health and technology.

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Reuben Shaw Tapped to Lead Salk Cancer Center

The Salk Institute announced that Reuben Shaw has been appointed director of the Salk Cancer Center.

Otonomy Inc. Announces $100 Million Public Offering of Common Stock

San Diego drug developer Otonomy Inc. announced Tuesday that it has commenced a $100 million public offering of its common stock.

NuVasive Inc. to Acquire Ellipse Technologies in $410 Million Deal

San Diego medical device maker NuVasive Inc. announced Tuesday that it will acquire Aliso Viejo-based Ellipse Technologies Inc. in a deal worth $410 million.

Pathway Genomics, GlySens Announce Funding

Two San Diego life science firms announced funding Tuesday: Pathway Genomics Corp. pulled in $40 million in a Series E round and GlySens Inc. raised $20 million in a Series D round.

Ionis Pharmaceuticals Granted Orphan Drug Designation for Huntington's Disease Drug

Ionis Pharmaceuticals, formerly Isis Pharmaceuticals, announced that the U.S. Food and Drug Administration has granted Orphan Drug Designation to IONIS-HTTRx for the treatment of patients with Huntington’s disease.