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As Its Investors Reap Returns, venBio Aims for a Bigger Second Fund

Posted by sandiegobiotech June 10th, 2014 .
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San Francisco life sciences venture firm venBio is making news these days with entrances and exits. Since its $180 million inaugural fund closed in 2011, two of its portfolio companies have become…

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Obesity-related disease trigger found, says UCSD team

Posted by sandiegobiotech June 9th, 2014 .
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Excess of fatty acids starts the process, even before obesity begins.

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Zogenix fights new Zohydro ER restrictions

Posted by sandiegobiotech June 9th, 2014 .
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Lawsuit against the restrictions to be heard in federal court Tuesday.

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Solstice Biologics Names CEO With Boston VC Pedigree

Posted by sandiegobiotech June 9th, 2014 .
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Venture capital veteran from Boston joining San Diego biotech as CEO.

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Lou Tartaglia Leaves Third Rock to Run High-Drama RNAi Startup

Posted by sandiegobiotech June 9th, 2014 .
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[Updated 6/9/14, 3:55 pm. See below.] Solstice Biologics is announcing a new CEO today, and it’s a testament to the San Diego startup’s rollercoaster ride to say the news is one of the least dramatic…

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Sanford-Burnham displays research “art” at San Diego International Airport

Posted by sandiegobiotech June 9th, 2014 .
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Sanford-Burnham’s research was recently unveiled as part of an art exhibit at the San Diego International Airport. The exhibit, sponsored by Biocom, the association for the Southern California life science community, and the San Diego International Airport Art Program, showcases microscopic research contributing to life-changing breakthroughs taking place in the Southern California region. The “Taking

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Akebia, Trading M&A For an IPO, Follows Fast in Anemia Drug Race

Posted by sandiegobiotech June 9th, 2014 .
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Akebia Therapeutics and its investors had hit a crossroads familiar to many startup biotechs last year. Its lead drug, AKB-6548, a pill for the anemia people get when their kidneys are failing, had…

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Pfenex Inc. Aims for $74.8M IPO

Posted by sandiegobiotech June 8th, 2014 .
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Pfenex Inc., a spinoff of Dow Chemical Co., is the latest San Diego biotech to file for an initial public offering, looking to raise $74.8 million to fund its development of biosimilars.

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Pfenex Inc. Plans $74.8 M illion IPO

Posted by sandiegobiotech June 6th, 2014 .
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Pfenex Inc., a spinoff of Dow Chemical Co., is the latest San Diego biotech to file for an initial public offering, looking to raise $74.8 million to fund its development of biosimilars.

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New President, CFO at Celladon Says Co. Ripe to Expand Staff

Posted by sandiegobiotech June 6th, 2014 .
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I chatted recently with Paul Cleveland, a veteran biotech finance guy who has recently been brought on as president and chief financial officer for the newly public gene therapy company Celladon Corp. Cleveland most recently was CFO of Aragon Pharmaceuticals Inc., a San Diego drugmaker sold to Johnson & Johnson last August for $1 billion.

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