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...

S.D. Life Science Cluster Healthy

San Diego ranks third among U.S. cities for the economic health of its life sciences cluster, scoring high in a newly issued report on factors including research facilities, funding access and critical mass of startup and midtier companies.

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Palomar Health Names Hemker New President, CEO

Palomar Health has named Robert Hemker as its new president and chief executive officer.

San Diego Ranks Third Nationally Among Life Science Clusters

San Diego ranks third among U.S. cities for the economic health of its life sciences cluster, scoring high in a newly issued report on factors including research facilities, funding access and critical mass of startup and midtier companies.

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Halozyme Earns $5 Million Milestone Payment

San Diego-based Halozyme Therapeutics Inc. said the commercial launch of a cancer therapeutic in Europe has triggered a $5 million milestone payment to company under an agreement with Roche.

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Ligand Inks Licensing Agreement With TG Therapeutics

Ligand Pharmaceuticals Inc. has signed an exclusive global license agreement with TG Therapeutics Inc. for the development and commercialization of Ligand’s Interleukin-1 Receptor Associated Kinase-4 — or IRAK-4 — inhibitors, Ligand announced.

Sorrento Therapeutics Registers for Possible IPO for Animal Health Subsidiary

Sorrento Therapeutics Inc. has submitted a draft registration statement on a confidential basis with the U.S. Securities and Exchange Commission for a possible initial public offering of shares of common stock of its wholly-owned subsidiary, Ark Animal Health Inc.

Hillary Clinton Set for Keynote Conversation at BIO Convention

Former Secretary of State Hillary Clinton is scheduled to participate in a keynote conversation at the BIO International Convention at the San Diego Convention Center June 25, according to BIO.

Free Testing Cups Cost Company

A federal jury in Florida on June 16 decided that San Diego-based Millennium Laboratories violated laws against kickbacks by giving physicians free urine testing cups, and it awarded a Baltimore-based competitor nearly $15 million in mostly punitive damages.

Free Testing Cups Cost Millennium Laboratories $14.8M

A federal jury in Florida on Tuesday decided that San Diego-based Millennium Laboratories violated laws against kickbacks by giving physicians free urine testing cups, and it awarded a Baltimore-based competitor nearly $15 million in mostly punitive damages.

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CareFusion Launches New Line of Surgical Instruments

CareFusion announced the commercial launch of its new micro-laparoscopic line of surgical instruments.

La Jolla Pharmaceutical Enters Agreement With Stanford

La Jolla Pharmaceutical Co. has signed an option agreement with Stanford University that will add proprietary technology to its programs, the pharma company said.

RuiYi Gets $4M Loan From Sillicon Valley Bank

Debt financing follows $15 million equity financing.

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OncoSec Medical Inc. Reports YTD Results

OncoSec Medical Inc. reported a net loss of $8.5 million, or $0.05 per share, for the nine months ended April 30, 2014.

Sorrento Therapeutics Inc.'s Underwriters Are All In on Allotment Purchase

Sorrento Therapeutics Inc. announced that the underwriters of its previously announced public offering of 4,765,000 shares of its common stock have exercised in full their option to purchase an additional 714,750 shares of common stock from the company at $5.25 per share.

Organovo Holdings Inc. Reports 2014 Fiscal Year Results

San Diego-based Organovo Holdings Inc. reported revenues of $400,000 for the fiscal year ending March 31, 2014 compared with revenues of $1.2 million for the year ended Dec. 31, 2012.