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