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Geisel Library Exhibits, Events to Celebrate Black History Month

Posted by Mary Canady February 1st, 2012 .
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A series of exhibits and events in celebration of Black History month will be held during winter and into spring quarter at UC San Diego’s Geisel Library.  All events are free and open to the public.

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Ardea Biosciences Announces Proposed Public Offering of Common Stock

Posted by Mary Canady January 31st, 2012 .
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SAN DIEGO, CA--(Marketwire - Jan 31, 2012) - Ardea Biosciences, Inc. (NASDAQ: RDEA) today announced that it intends to offer and sell, subject to market and other conditions, shares of its common stock in an underwritten public offering. There can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

Jefferies & Company, Inc. is acting as sole book-running manager for the offering. Cowen and Company, LLC, Lazard Capital Markets LLC, Leerink Swann LLC, Oppenheimer & Co. Inc. and Wells Fargo Securities, LLC are co-lead managers for the offering. JMP Securities LLC and Mizuho Securities USA Inc. are co-managers for the offering.

The securities described above are being offered by Ardea pursuant to a shelf registration statement previously filed with the Securities and Exchange Commission (the "SEC"), which the SEC declared effective on January 12, 2012. A preliminary prospectus supplement related to the offering will be filed with the SEC and will be available on the SEC's website located at http://www.sec.gov. Copies of the preliminary prospectus supplement and the accompanying prospectus relating to this offering, when available, may be obtained from Jefferies & Company, Inc., Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, 12th floor, New York, NY 10022, or by telephone at 877-547-6340, or by email at Prospectus_Department@Jefferies.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

About Ardea Biosciences, Inc.

Ardea Biosciences, Inc., of San Diego, California, is a biotechnology company focused on the development of small-molecule therapeutics for the treatment of serious diseases. Lesinurad, our lead product candidate for the chronic treatment of gout, is a once-daily, oral inhibitor of the URAT1 transporter that has entered Phase 3 clinical development. Our next-generation URAT1 inhibitor, RDEA3170, is currently in Phase 1 clinical development. BAY 86-9766 (RDEA119) is a potent and specific inhibitor of mitogen-activated ERK kinase (MEK) for the treatment of cancer being developed by Bayer HealthCare under a global license agreement with Ardea. BAY 86-9766 (RDEA119) is currently in a Phase 2 study in patients with hepatocellular carcinoma in combination with sorafenib and a Phase 1/Phase 2 study in patients with advanced pancreatic cancer in combination with gemcitabine.

Statements contained in this press release regarding matters that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Such statements include, but are not limited to, statements regarding Ardea's expectations with respect to the completion, timing and size of its proposed offering. Risks that contribute to the uncertain nature of the forward-looking statements include, among others, risks associated with market conditions and the satisfaction of customary closing conditions related to the proposed offering, as well as risks related to the outcome of preclinical and clinical studies, risks related to regulatory approvals, delays in commencement of preclinical and clinical studies, costs associated with Ardea's drug discovery and development programs, and risks related to the outcome of Ardea's business development activities, including collaboration or license agreements. These and other risks and uncertainties are described more fully under the headings "Risk Factors" in Ardea's most recently filed SEC documents, including its Quarterly Report on Form 10-Q for the quarter ended September 30, 2011. All forward-looking statements contained in this press release speak only as of the date on which they were made. Ardea undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.

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Vertex Gets FDA Go-Ahead To Sell New Cystic Fibrosis Drug

Posted by sandiegobiotech January 31st, 2012 .
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[Updated: 1:25 pm] Vertex Pharmaceuticals is now officially more than just a one-hit wonder. The Cambridge, MA-based biotech company (NASDAQ: VRTX), best known for its hepatitis C drug, has won...

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San Diego Festival of Science & Engineering Presents Countywide Events March 17-24

Posted by Mary Canady January 31st, 2012 .
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Interactive demonstrations and exciting speakers, ranging from skateboard legend Tony Hawk to icon of engineering Irwin Jacobs, get students excited about science and engineering

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How Do You Fight Fire in Space? Experiments Provide Some Answers

Posted by Mary Canady January 31st, 2012 .
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Improving fire-fighting techniques in space and getting a better understanding of fuel combustion here on Earth are the focus of a series of experiments on the International Space Station, led by a professor at the Jacobs School of Engineering at the University of California, San Diego.

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Optimer, Following Pfizer’s Playbook, Has Big Plans for Antibiotic

Posted by sandiegobiotech January 31st, 2012 .
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Pfizer was where Pedro Lichtinger learned about pharmaceutical marketing from people who did some amazing things. For starters, New York-based Pfizer (NYSE: PFE) turned an old-school antifungal...

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Sandra Daley Receives Grant to Increase Diversity in Health Professions

Posted by Mary Canady January 30th, 2012 .
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The U.S. Department of Health and Human Services recently awarded $742,222 to UC San Diego’s Dr. Sandra Daley, professor of pediatrics and director of the Comprehensive Research Center in Health Disparities, to fund the Health Careers Opportunity Program/San Diego Regional Consortium (HCOP/SDRC). More...

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San Diego Festival of Science & Engineering Presents Countywide Events March 17-24

Posted by Mary Canady January 30th, 2012 .
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Interactive demonstrations and exciting speakers, ranging from skateboard legend Tony Hawk to icon of engineering Irwin Jacobs, get students excited about science and engineering More...

News, Syndication, UCSD News »

UC San Diego to Compete in ‘RecycleMania’

Posted by Mary Canady January 30th, 2012 .
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The UC San Diego campus community will participate in recycling program competition from Sunday, February 5th to Saturday, March 31st against other colleges and universities across the United States and Canada. More...

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Twenty Straight Wins for Top-Ranked Women’s Basketball Team

Posted by Mary Canady January 30th, 2012 .
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The No. 1 UC San Diego women's basketball team collected its 20th consecutive victory on Saturday, defeating San Francisco State, 68-55, in a defensive struggle at The Swamp on the SFSU campus. More...