San Diego Business Journal


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

Kura Oncology Reports Results of Cancer Drug's Phase 2 Trial

Kura Oncology stock is trading sharply higher this morning after revealing the results of a Phase 2 trial of one of its cancer drugs, Tipifarnib.

Illumina Strikes Deal With Oregon-Based Tech Firm FlowJo

Medtech giant Illumina Inc. announced a partnership with Oregon-based tech firm FlowJo LLC to develop and co-market software for analyzing single-cell, next-generation sequencing data.

Acadia Pharmaceuticals Looking to Raise $200 Million

San Diego drugmaker Acadia Pharmaceuticals Inc. is looking to raise $200 million in a secondary offering.

Scintilla Pharmaceuticals Acquires Pennsylvania Company

Scintilla Pharmaceuticals Inc., a subsidiary of San Diego’s Sorrento Therapeutics Inc., is acquiring a Pennsylvania-based pharmaceutical company focused on pain management.

MEI Pharma Inks Deal Potentially Worth Nearly a Half-Billion Dollars

San Diego biotech MEI Pharma signed a major deal with Swiss pharmaceutical group Helsinn that could be worth up to $464 million.

Orexigen Reports Second Quarter Results

San Diego’s Orexigen Therapeutics Inc. reported a jump in quarterly revenue, but missed Wall Street’s expectations for total earnings-per-share, according to a recent earnings statement.

AMN Healthcare Reports Second Quarter Results

AMN Healthcare Inc. reported a 35 percent increase in revenue compared with the like quarter of the previous year in its second-quarter earnings report released Aug. 4.

David Hale, Rick Sliter Launch Adigica Health

Biotech veteran David Hale, who has been involved in San Diego’s life science industry for decades, has launched a new company, Adigica Health, Inc., to develop and commercialize specialty healthcare and skincare products directly to consumers.

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Scripps’ Covered Calif. PPO Rate to Jump

MEDICINE: Blue Shield Rate Increase to Average 20%

Scripps Health’s reputation for inspiring loyalty among patients may soon be put to the test as its sole partner in the state-run insurance exchange, Blue Shield of California, plans a rate increase dwarfing those of its closest rivals in the highly competitive San Diego market.

Ambrx Inc. Raises $45 Million

La Jolla-based Ambrx Inc. has raised $45 million in new cash.

Ionis Pharmaceuticals Receives $75 Million From Biogen

Carlsbad drugmaker Ionis Pharmaceuticals Inc. has received $75 million from its partner Biogen following news of positive Phase 3 data for its spinal muscular atrophy drug called Nusinersen.

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Matt Zubiller Joins AMN Healthcare

AMN Healthcare announced it has appointed a former senior executive at McKesson Corp., Matt Zubiller, to lead strategic planning across all divisions of the San Diego-based workforce solutions and staffing services company.

StatRad Receives $13 Million Equity Investment

Medical imaging software developer StatRad said Tuesday it has received a $13 million equity investment from an undisclosed institutional partner active in health care information technology.

Evofem Inc. Raises $25 Million in Series D Round

San Diego biotech Evofem Inc. has raised $25 million in a Series D round.

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Craig Kussman Named CFO at Organovo Holdings

Organovo Holdings Inc., the San Diego firm that “bioprints” three-dimensional human tissue, has appointed Craig Kussman as chief financial officer.