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Sequenom Discloses 75 Layoffs as Part of Cost-Cutting Reorganization

Posted by sandiegobiotech August 19th, 2013 .
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San Diego-based Sequenom (NASDAQ: SQNM), which specializes in molecular diagnostics and genetic analysis, plans to lay off 75 employees, or nearly 13 percent of its workforce, as part of a…

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MD Revolution Offers Blueprint for “Health Management” Practice

Posted by sandiegobiotech June 26th, 2013 .
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On the seventh floor of a medical office building near Scripps Memorial Hospital La Jolla, Dr. Samir Damani has established a prototype medical practice of the future. The suite looks more like a spa…

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The Biotech IPO Scorecard: Who’s Up, Who’s Down in 2013

Posted by sandiegobiotech June 3rd, 2013 .
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Remember Plexxikon? The Berkeley, CA-based company had a lot of talent for structural biology-based drug design, an impressive new treatment for melanoma, and a strong management team. Two years ago,…

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Thermo Fisher Scientific Acquires Life Technologies in $13.6B Deal

Posted by sandiegobiotech April 15th, 2013 .
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Waltham, MA-based Thermo Fisher Scientific (NYSE: TMO) said today it will pay $13.6 billion to acquire Carlsbad, CA-based Life Technologies (NASDAQ: LIFE) following an auction that began in January…

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Japan’s Ajinomoto Acquires Contract Drug Maker Althea Technologies

Posted by sandiegobiotech March 6th, 2013 .
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[Updated 3/7/13 7:34 am to include terms, other details. See below.] Ajinomoto, a Japanese food, pharmaceuticals, and specialty chemicals manufacturer, is acquiring San Diego-based Althea…

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Natera Joins Quest in Four-Way Battle for Prenatal Genetic Tests

Posted by sandiegobiotech February 20th, 2013 .
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[Corrected: 9:10 am PT] Parents have long wanted to know whether they are about to bring a child into the world with a chromosomal abnormality like Down syndrome. There’s never been a noninvasive,…

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J&J Creates Space at Janssen Labs for Life Sciences Entrepreneurs

Posted by sandiegobiotech February 5th, 2013 .
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Johnson & Johnson’s innovation center, Janssen Labs, has admitted 18 early stage companies since opening its “no strings attached” business accelerator program in San Diego a year ago. Now the…

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Crowdfunding Is Coming to Biotech, so Get Ready for a Wild Ride

Posted by sandiegobiotech January 28th, 2013 .
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Most biotech pros will shrug, or chuckle, if you ask whether crowdfunding will transform life sciences financing in the U.S. This, after all, is an industry where you often need to raise at least $50…

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Boston’s Got The Big Mo in Biotech, But SF Won’t Go Down Easy

Posted by sandiegobiotech January 21st, 2013 .
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San Francisco is used to being No. 1 in lots of things. It’s there in technology, and in biotechnology. Every magazine that ever ranked ‘Best Places to Live’ is practically required to put it near…

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Boston’s Got Big Mo in Biotech, But SF is Pushing Back

Posted by sandiegobiotech January 21st, 2013 .
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San Francisco is used to being No. 1 in lots of things. It’s there in technology, and in biotechnology. Every magazine that ever ranked ‘Best Places to Live’ is practically required to put it near…

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