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...

Biomed’s Growth Strategy Matched to Fast-Changing Market

REAL ESTATE: Company Boosts Portfolio With New $640M Acquisition

Leaders of BioMed Realty Trust Inc. note that the company’s recently announced $640 million acquisition of a life-sciences property portfolio, currently held by Wexford Science & Technology LLC of Baltimore, underscores two key aspects of a growth strategy that has actually been in place for some time.

ResMed’s New CEO Aims to Grow Global Sleep Apnea Market

MEDICAL DEVICES: Firm’s Strategies Include Targeting Other Conditions

Mick Farrell, the new CEO of San Diego’s ResMed Inc., thinks the market is ripe for growth for his company’s devices that treat sleep-related breathing disorders. In an interview, he weighed in on the direction he plans to take the company, which was founded by his father, Peter Farrell, in 1989. Mick Farrell took the helm of ResMed on March 1.

Isis’ Path to Success is Creative Interaction and Innovation

BIOTECH: Firm Organizes Workspace To Foster Collaboration

The key growth strategy for San Diego drug developer Isis Pharmaceuticals Inc. is to … not grow. At least, not grow too much.

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Realty Firm Makes Improvements Pay Off

PROPERTY: Company Puts Capital Into Home Renovations

Having flipped houses during the depths of the recession, the guys at Renovation Realty knew their best payoffs were behind them.

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Firm’s Stem Cells Play Offense In Fight Against Parkinson’s

MEDICINE: Aim Is To Regenerate Affected Regions of the Brain

The Carlsbad-based International Stem Cell Corp. is making strides in developing a cure for Parkinson’s disease, a devastating degenerative brain disorder most common in the elderly.

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Royal DSM Builds on Verenium Partnership in Sorrento Valley

BIOTECH: New Office Will Expand DSM’s Move to Biofuel

Exactly one year after it purchased $37 million worth of food processing and oil extracting assets from San Diego-based Verenium Corp., Netherlands-based Royal DSM N.V. has christened a new outpost in Sorrento Valley.

Amylin Pharmaceuticals to Be Closed

Bristol-Myers Squibb is pulling the plug on La Jolla-based diabetes drug manufacturer Amylin Pharmaceuticals Inc., which it acquired last year in a multibillion dollar deal. Amylin, which employs 420 in San Diego, will be shuttered by late 2014.

Sharp Joins MinuteClinic For Retail-Based Care

MEDICINE: Clinics Provide More Basic Treatments, Referrals

Sharp HealthCare has teamed up with MinuteClinic, the retail health care division of CVS Caremark Corp. Sharp physicians will now help oversee patient treatment in the 10 walk-in medical clinics that are located in CVS pharmacy stores around San Diego County. They are designed to be highly accessible: They’re open seven days a week and in the evenings, and patients can be seen without an appointment.

Lessons on Dealing With a Workplace Bully

SDBJ Insider

Yes, it’s April 1, but let’s not be foolish. There is a lot of news to report. Famed North County business guru and writer Ken Blanchard writes the foreword to “Back Off!” written by San Diego resident Catherine Mattice.

BioMed Realty Announces $640M Merger

San Diego-based BioMed Realty Trust Inc. has entered into an agreement to merge with Wexford Science & Technology LLC of Baltimore, in an acquisition deal valued at approximately $640 million.

Interoperability Could Cut Health Care Costs, Study Finds

HEALTH: Firms Look for Ways to Integrate Systems

More than $30 billion could be saved each year in health care costs by improving the way that medical devices and health care systems communicate, according to a new analysis from San Diego’s West Health Institute. Hospital rooms have multiple medical devices from various manufacturers, and coordinating data from so many sources into one electronic medical record can be both costly and complicated.

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Acquisition Puts SynteractHCR in Position for Global Trials

MEDICINE: Firm Is In 16 Countries, Expects To Expand to Asia

One of Southern California’s largest contract research organizations Synteract Inc. recently doubled in size after acquiring Munich, Germany-based Harrison Clinical Research Group GmbH. The move has formed a new multinational company called SynteractHCR, with headquarters in Carlsbad.

Brain Researchers Gather in San Diego for Annual Conference

Health Care Column

San Diego recently hosted the 2013 annual meeting of the American Academy of Neurology, attracting thousands of brain researchers from around the country. Several San Diego companies made key announcements during the conference, including San Diego’s International Stem Cell Corp.

Pathway Taps Avenue For Sharing Genetic Data

HEALTH: Alliance Is Formed With Large Medical Records Firm

San Diego’s Pathway Genomics has been ramping up its presence in the field of personalized genomics, as evidenced by its most recent collaboration with Practice Fusion Inc., a San Francisco-based electronic health record developer.

Health Care Providers Prepare for Patient Influx

HEALTH: Competition For Primary Care Physicians Is Fierce

Large health care providers in the county are bracing for an influx of new patients, as the Affordable Care Act comes into full effect next year.