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SD Biotech Roundup: Elevation Pharmaceuticals, BioSurplus, and More

Posted by sandiegobiotech May 17th, 2012 .
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We’re anticipating a lot of news out of a big cancer conference that begins next week in Chicago. Here is your head start. —Cancer researchers have talked for decades about finding the silver bullet...

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Drug Development, News, Syndication, Xconomy »

San Diego’s MediciNova Nears Turning Point with Lead Drug for Asthma

Posted by sandiegobiotech May 8th, 2012 .
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[Corrected 5/7/12, 5:10 pm. See below.] When Yuichi Iwaki started MediciNova in 2000, he says many mid-size pharmaceutical companies in Japan had concluded it was just too difficult to conduct their...

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Diagnostics, News, Syndication, Xconomy »

Hologic Buys Gen-Probe for $3.7B, Making Molecular Diagnostics Push

Posted by sandiegobiotech April 30th, 2012 .
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Hologic has made big-money acquisitions before, and today it’s making another sizable one. The Bedford, MA-based maker of women’s health products (NASDAQ: HOLX) said today it has agreed to purchase...

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Drug Development, News, Syndication, Xconomy »

AstraZeneca Reloads its Pipeline with Ardea Deal, Could be Still Hunting

Posted by sandiegobiotech April 23rd, 2012 .
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AstraZeneca (NYSE: AZN), the global pharmaceutical giant based in London, is replenishing its drug pipeline with its acquisition of San Diego’s Ardea Biosciences (NASDAQ: RDEA), which was disclosed...

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Diagnostics, News, Syndication, Xconomy »

Illumina Stays Independent, Roche Walking Away

Posted by sandiegobiotech April 18th, 2012 .
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Illumina will remain an independent company, at least for now. The San Diego-based company (NASDAQ: ILMN), the market leading maker of DNA sequencing instruments, fended off a hostile takeover bid by...

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Diagnostics, News, Syndication, Xconomy »

AIDS Drugs Were the Start. Let’s See More FDA Accelerated Approvals

Posted by sandiegobiotech March 12th, 2012 .
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There’s been a lot of talk in biotech lately about the need for reforms at the FDA, to make it run faster and more predictably. One idea is taking shape in a bill starting to move through Congress....

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Diagnostics, Drug Development, Drug Discovery, Featured, SDBN Blog »

San Diego’s Biotechnology Companies: Who’s Taking Off?

Posted by Lara March 8th, 2012 .
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Image Courtesy Flickr User JoF

Here at SDBN we’ve been updating our directory of 400+ San Diego biotech companies.  We were surprised to find close to 40 companies removed from the local scene – due to acquisition or shut down.  But we also found a net gain in companies, with 68 added. We’ve begun to add some of the ‘provenances’ of new companies, as well as what’s happened to those that are no longer listed, and welcome your comments and additions as well, please leave them as a comment below. Note that some companies are not new, we just missed them in our original directory and wanted to feature them in this post.

Updates to San Diego Biotechnology Company Directory

Company Status Details
1060 Discovery Engineering Added
Adnavance Removed
ALARIS Medical Systems Removed Now under Cardinal Health
Alere Added Acquired Biosite
Altair Therapeutics Removed Shut down
Amira Pharmaceuticals Removed Acquired by Bristol-Myers Squibb
Amplyx Pharmaceuticals Added
Aperio Added
Applied Proteomics Added
Aragon Pharmaceutical Added
Astute Medical Added BioSite spinoff
AvantGen Added
Avelas Biosciences Added
Azco Biotech, Inc. Added
Balboa Bio Removed
Bio Applied Technologies Joint, Inc. Added
BioAtla Added
Biocept Added
BioLaurus Added
BioMedica, Inc. Removed
BioSettia Added
BioSite Removed Acquired by Alere
Biotix Added
BPS Bioscience, Inc Added
Calmune Corporation Removed
Carolus Therapeutics Added
Cebix Added
Crinetics Added Started by ex-Neurocrine employees
CryoCor, Inc. Removed
Diverse Diagnostics Removed
Dx Innovations Removed
Elcelyx Added
Enigma diagnostics Added
Essentialis Added
Etaluma Added
EuMederis Pharmaceuticals, Inc. Added
Expedeon Added
Genetex Added
Genofi Added
GenTarget Inc, Added
GenVault Added Existing, missed in original directory
Harbor Biosciences Added Changed name from Hollis Eden
Helixis Removed Acquired by Illumina
HemaQuest Added
Hollis-Eden Removed Changed name to Harbor Biosciences
Iapyx Medical Removed
Icx Biosystems Removed
IDM Pharma, Inc. Removed Acquired by Takeda 2009
Inception Sciences Added Amira spinoff
Inhibrx Added
KFx Medical, Inc. Removed
Kinagen, Inc. Added
Kinexis, Inc. Removed
Kyowa Hakko Kirin California, Inc. Added
LeGene Biosciences Added
LiquidGrids Added Previously known as Swarmology
MabPrex.com Added
MediVas LLC Removed
Metabasis Therapeutics, Inc. Removed
MO BIO Laboratories Added Existing company missed in original directory
Molecular Response Added
Mpex Pharmaceuticals Removed Name change to Rempex
Nacalai usa Added
NeoMPS, Inc. Removed Now part of PolyPeptide Group
NeuroGenetic Pharmaceuticals Inc. Added
Novalar Removed
Nventa Removed Merger with Akela Pharma, Inc March 27, 2008
Oceanside Pharmacuticals Added
Orbigen Removed
ORQIS Medical Corporation Removed
PAGEgel, Inc. Removed Merged with Expedeon/Protein Discovery
Paramount BioSciences, LLC Removed
Pegasus Cleanroom Services Added
Perry Scientific Removed Acquired by Absorption Systems
Pfenex Added
PharmaCircle Added
Phenometrics Added
Phenomix Removed
PliCare Therapeutics Added
ProteinLabs Added
Rebexsess Added
Rempex Pharmaceuticals Added Name change from Mpex
Renascions Added
SeaSpine Added
Serametrix Added
SG Biofuels Added
SGX Pharmaceuticals, Inc. Removed As of 2008, acting as subsidiary of Lilly
Sidney Kimmel Cancer Center Removed
Sonexa Therapeutics Added
SorrentoTherapeutics.com Added
Sova Pharmaceuticals Added
Strategic Enzyme Applications Added
Tanox Removed
TargeGen, Inc. Removed Acquired by Sanofi-Aventis
Targeson Inc Added
Theragence Inc. Added
TheraKem Removed
Torrey Path, LLC Removed
TorreyPines Therapeutics Removed
TrovaGene Added
Tulip BioMed, Inc. Removed
Ultimate Labs Added
Vasgene Removed
Verus Pharmaceuticals, Inc Removed
ViaCyte Technologies: Stem Cell Engineering Added
VivaMab, LLC Added
West Wireless Health Institute Added
Zacharon Pharmaceuticals Added

A recent report suggests evidence that the San Diego biotech scene is going strong. Released in December 2011 the Life Sciences Cluster Report by Jones Lang LaSalle rates San Diego #7 in the global biotech clusters.  The report examines global locations for viable industry hubs, and defines a “cluster” by a multiple data points including:

  • Educated workforce
  • Venture and investment capital
  • Centers of excellence and innovation
  • Industry-friendly political structures
  • Institutions of higher learning
  • Target economic development incentives
  • Patent protection
  • Other associations and supporting infrastructure

Ranking in the top 10 for funding – third in VC and sixth for NIH funding – it seems that the money is rolling in for San Diego. The 97-page study says San Diego’s dense concentration of incubator and start-ups is expected to continue growth in the near future.

Each of the submarkets reviewed – UTC, Torrey Pines, Sorrento Mesa, and Sorrento Valley – experienced growth in 2011, aside from Sorrento Mesa being almost completely leased.  The report forecasts continued recovery in rents, vacancies tightening and, due to a lack of new development, re-positioning of older properties to meet demands for higher quality facilities, particularly in Sorrento Mesa.

Additionally, Torrey Pines, San Diego’s largest submarket, has seen a resurgence of growth, with more life science companies acquiring larger spaces. The report states that in 2011 Verenium signed a deal larger than Torrey Pines has seen in two years.

NIH grants have increased 28 percent from 2010 and by 70 percent from 2008.  The outlook is sunny for San Diego in 2012, with a continued increase expected in the number of start-ups and dispersal of capital from venture capital and government funds.

A PDF of the complete report can be downloaded here.

Thanks to Flickr user JoF for this image of gliders taking off and landing at Torrey Pines, where many San Diego life science companies also ‘take off.’

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Diagnostics, News, Syndication, Xconomy »

San Diego Life Sciences Roundup: Aragon, Illumina, CareFusion, & More

Posted by sandiegobiotech March 8th, 2012 .
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We saw some sizable deals in the life sciences domain over the past week, including an interesting partnership that Domain Associates formed with Moscow-based Rusnano. —The venture capital firm...

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Drug Development, Drug Discovery, Headline, SDBN Blog, SDBN Events »

SDBN March 26th 2012 Event with Organovo

Posted by Mary Canady March 6th, 2012 .
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Organovo is an exciting San Diego biotech company with technology to create human tissue through a technique called 3D bioprinting. The tissue can be used for drug discovery and development, and the company has been included in the MIT Technology Review’s 2012 TR50 list of the world’s most innovative companies. The excitement around Organovo has grown since they recently announced funding and their stock is now publicly traded. You’ll get the chance to hear from CEO Keith Murphy at our March 26th event, he’ll give a presentation titled ‘3D Bioprinting – Delivering Tissue on Demand for Drug Discovery & Development.’

At this event, we will delve into innovation and how it happens. What does it take to make an outstanding product – a game changer? We all have ideas but how does an idea get to be a reality? What are the barriers to innovation? It’s not just time, money and people. It’s even how you think about the problem.

We have two companies that are innovating to success:

Organovo, the featured company, will discuss how they overcame barriers to achieve an industry changing technology that still seems futuristic and impossible – printing tissue.

Invetech
, the event sponsor, helps people translate their ideas into products. They will share a few key learnings of how to approach innovation.

We want to hear from the local innovators at this event,
- Do you have an idea but are stuck?
- How have you been successful in innovation?
- What barriers are in your way?

We’re having a contest to see who has the best idea for improving innovation in San Diego. During registration, or on LinkedIn or Twitter (tag with #Invetech), complete this statement: “My innovation idea is ______.” It can be a product idea or a general idea to improve the innovation culture in San Diego. We’ll discuss and vote on the best idea for innovation at the event and the winner will get two free passes to an SDBN event and a $15 gift card to Green Flash Brewery.

Sponsors

Premier

Invetech is a contract product development and manufacturing consultancy working with companies worldwide. We provide a range of instrument, medical device and consumables development and manufacturing services that develop break-through products and solve complex automation challenges. With over 200 in-house specialists and experience drawn from over 5,000 projects, we work with medical device, clinical diagnostics, life sciences and drug discovery companies. Operating from locations in North America, Europe and Asia Pacific, our clients range from start-ups through to multinationals. Our proven design, engineering and manufacturing processes deliver shorter time-to-market, reduced risk, and enhanced product quality.
If you’re interested in sponsoring this event, please contact us.

Event Details

Who: Biotechnology professionals in the greater San Diego area
What: SDBN March 26th Event with Organovo
When: Monday, March 26th 2012, 5:30-8:30 p.m.
Where: Green Flash Tasting Room, 6550 Mira Mesa Boulevard, San Diego, CA 92121 (Directions below)
Cost: $25/20 (Academic), dinner provided, beverages for purchase (30 Green Flash beers on tap, soda), complimentary water.
Contact: http://sdbn.org/contact
For more information about the event: http://sdbn.org/marchevent

Directions: From the west: From the 805 North or South exit Mira Mesa Blvd, head east for 2.0 miles, the Green Flash Tasting Room will be on the left/north side of the street at Flanders Drive. From the east: From the 15 North or South exit Mira Mesa Blvd, head west for 3.6 miles, the Green Flash Tasting Room will be on the right/north side of the street at Flanders Drive.
Parking: The Green Flash lot holds about 70 cars, so come early and carpool if you’d like to park there. You can also park on the street, but be very mindful that there are some poorly marked ‘no parking’ areas, especially on Sequence where there is a center lane.

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Drug Development, News, Syndication, Xconomy »

San Diego’s Aragon Raises $42 Million, Targets Hormone-Driven Cancers

Posted by sandiegobiotech March 5th, 2012 .
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Aragon Pharmaceuticals, a San Diego startup targeting hormone-driven cancers, has raised $42 million in a Series C financing led by a new investor, the Topspin Fund, a Long Island, NY-based firm...

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