San Diego Business Journal


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

AMN Healthcare Reports $265 Million in Third-Quarter Revenue

AMN Healthcare Services Inc., a San Diego-based staffing company, announced quarterly revenue of $265 million for the third quarter of this year.

Zogenix Acquires U.K.-Based Brabant Pharma

Zogenix Inc., a San Diego-based pharmaceutical company making products for the treatment of pain-related and central nervous system disorders, announced that it has acquired Brabant Pharma, a privately-held U.K.-based pharmaceutical company for $20 million in cash and $15 million in stock, plus potential future milestone and royalty payments.

Local Companies Aid Efforts to Treat Ebola

MEDICINE: Aethlon Device Is Used to Filter Patient’s Blood

A local medical device maker Aethlon Medical Inc. has joined the San Diego effort to develop an Ebola treatment using its experimental blood-filtration system to treat a patient in Germany.

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Cosmederm Itching to Take on the ‘Big Boys’

MEDICINE: Specialty Pharma Gets $50M to Support Drug

Cosmederm Bioscience Inc., a La Jolla-based specialty pharmaceutical company, has received a $50 million investment to help expand its TriCalm line — an over-the-counter steroid-free itch reliever that the company hopes will trump well-known competitors like over-the-counter hydrocortisone cream.

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Medical Marketplace

HEALTH: The EMR Mandate Opens Door For Industry Innovations

A federal mandate requiring hospitals to install electronic medical record systems has not only streamlined the collection of patient information, it has opened up new markets for innovation in San Diego County and created a new field in health care.

UC San Diego Medical Center-Hillcrest Tapped to Treat Ebola Patients

Stepping up California’s preparedness to treat Ebola patients, state public health authorities on Friday officially designated five University of California hospital systems as “priority” hospitals statewide, including UC San Diego Medical Center-Hillcrest.

ResMed Inc. Posts $380.4 Million in First-Quarter Revenue

San Diego-based ResMed Inc., a medical technology company making devices for sleep-related breathing disorders, announced revenue of $380.4 million for the quarter ending Sept. 30, a 6 percent increase compared to the same quarter last year.

Fraden Corp. Develops Thermometer for Smartphones

Just in time to meet the Ebola outbreak demand for detecting fever, San Diego-based Fraden Corp. announced that it received a second U.S. patent for augmenting any smartphone with an instant non-contact infrared thermometer.

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Edico Genome Announces Launch of Dragen Processor

Edico Genome Inc., a San Diego-based company that makes integrated circuits for processing genomic data, announced the broad commercial launch of its flagship Dragen processor.

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Otonomy Names Yost Chief Commercial Officer

San Diego-based Otonomy Inc., a clinical-stage biopharmaceutical company, announced the appointment of Anthony Yost as chief commercial officer.

Apricus Receives $10M in Financing to Pursue Licensing Deal

San Diego-based Apricus Biosciences Inc. announced that it has acquired $10 million in financing to purchase licensing from Finland-based Forendo Pharma to develop and commercialize an investigational treatment for urological conditions in men.

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Epic Sciences Names Giske to CIO Position

Epic Sciences Inc. announced the appointment of Michael Giske as chief information officer.

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Medical Community Finding Some Success in Treating PTSD

HEALTH: Variety Of Treatments Used to Deal With the Disorder

Military health care organizations in San Diego are investing in research to help staunch undiagnosed post-traumatic stress disorder among soldiers and veterans and to find out which treatments actually work.

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Synthetic Biology Seen as Game Changer for Drug Development

BIOTECH: Process To Be More Efficient And More Expansive

The phrase “synthetic biology” might sound like an oxymoron meant for science fiction novels, but it’s not for Synthorx Inc., a small biotechnology company in Torrey Pines. Synthorx is developing a new — and a little bit scary — way to create and protect life.

Medical Device Tax Repeal Likely DOA

BIOTECH: Local Companies Say Many Jobs Are on the Line

Last month the U.S. House of Representatives voted in favor of a bill that would repeal part of the Affordable Care Act — a 2.3 percent medical device excise tax expected to generate $30 billion in 10 years. However, experts say prospects look bleak for the U.S. Senate and president to follow suit.