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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CareFusion Subsidiary Receives Warning From FDA

The Food and Drug Administration has warned CareFusion 2200 Inc., a subsidiary of San Diego-based CareFusion Corp., that it failed to satisfactorily investigate and respond to 32 complaints of particulate matter and debris found in certain medical devices

Sequenom Reports Q2 Results, Inks License Agreement With Mayo Medical

Sequenom Inc., a life sciences company that provides genetic analysis solutions, and Mayo Medical Laboratories, one of the top providers of esoteric laboratory services in the U.S., have announced a license agreement for Sequenom’s noninvasive prenatal testing patents and applications.

NuVasive Reports Q2 Revenue of $190.7 Million

NuVasive reported second quarter 2014 revenue of $190.7 million as compared with $165.7 million from the previous year.

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La Jolla Pharmaceutical Co. Closes Common Stock Offering

La Jolla Pharmaceutical Co., a therapeutics company focused on unmet life-threatening diseases, announced the closing of its underwritten $56.6 million public offering.

PaxVax Secures $62 Million in Funding

PaxVax, Inc., a Redwood City-based vaccine company with manufacturing facilities in San Diego, announced that it has secured up to $62 million in additional funding as part of the acquisition of an oral typhoid vaccine, Vivotif, from Crucell Switzerland AG.

Quidel Receives FDA Clearance for Strep Diagnostic

Quidel Corp., a San Diego-based diagnostics company, has received FDA clearance for its molecular diagnostic test, AmpliVue GAS Assay, used for detecting Group A strep.

Cypher Genomics Inc. Teams With Illumina, Also Names President and COO

San Diego-based Cypher Genomics Inc. announced a co-promotion agreement with Illumina Inc. and the selection of Adam Simpson as president and chief operating officer.

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DJO Global Reports Q2 Results

DJO Global Inc., the Vista-based maker of orthopedic devices, reporter second quarter net sales of $313.9 million, up 6.5 percent from the like quarter of 2013.

Pfenex Raises $50 Million in IPO

Pfenex Inc., a Sorrento Valley biotech firm specializing in a class of drugs called biosimilars, raised $50 million in its initial public offering July 23, selling 8.33 million shares at $6 per share.

La Jolla Pharmaceutical Prices Stock Offering

La Jolla Pharmaceutical Co., a developer of therapeutics targeting unmet life-threatening diseases, announced a price of $10.50 per share for a planned underwritten stock offering of 4.8 million shares of common stock.

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Illumina Reports Q2 Results

Illumina Inc. reported revenue of $448 million for the second quarter ending June 29.

La Jolla Pharmaceutical Announces Proposed Common Stock Offering

La Jolla Pharmaceutical Co., a developer of therapeutics targeting unmet life-threatening diseases, intends to sell shares of common stock in an underwritten offering pursuant to its existing shelf registration statement, the company announced.

Marletta Intends to Step Down as President, CEO of The Scripps Research Institute

The Scripps Research Institute CEO and President Michael Marletta intends to step down, according to the organization’s board of trustees.

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Dansky Named CEO at Agena Bioscience

San Diego-based Agena Bioscience, Inc. said that Peter Dansky has joined the company as its chief executive officer and as a member of the board of directors.

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Sanchez Named CIO at AMN Healthcare

AMN Healthcare Services Inc. has promoted Jeanette Sanchez to chief information officer, the company announced.