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Roche Acquires Anadys, Wests Create $100M Fund, Johnson & Johnson Makes Room for 20 Startups, & More San Diego Life Sciences News

Posted by sandiegobiotech October 20th, 2011 .
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Between the formation of the new $100 million West Health Investment Fund and the new wet-lab space Johnson & Johnson is hosting for as many as 20 startups, you’d have to say it’s…

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Illumina Leads $8M Investment in GenoLogics to Help Manage DNA Data Overload

Posted by sandiegobiotech October 20th, 2011 .
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San Diego-based Illumina, the world’s leading maker of gene sequencing instruments, is getting more serious about software as its customers continue to drown in a sea of cheap DNA data….

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Wests Create New $100M Investment Fund Focused on Cutting Healthcare Costs

Posted by sandiegobiotech October 19th, 2011 .
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San Diego philanthropists Gary and Mary West lifted the curtain today on a $100 million fund they have established solely to invest in “cutting-edge” medical technologies and services…

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Vertex Seeks FDA Green Light for Cystic Fibrosis Drug, Second Potential Hit of Big Year

Posted by sandiegobiotech October 19th, 2011 .
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Cambridge, MA-based Vertex Pharmaceuticals is looking to be more than another one-hit biotech wonder. The company, best known for its drug for hepatitis C introduced earlier this year, is now vying…

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MoneyTree Report Sees Third-Quarter Slowdown in U.S. Venture Investments

Posted by sandiegobiotech October 18th, 2011 .
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Venture capital firms invested $6.95 billion in 876 deals throughout the United States during the three months that ended Sept. 30, according to the MoneyTree Report by PricewaterhouseCoopers and the…

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Raising Funds: AnaptysBio, Sonexa, Eclipse, NextDx, Naviscan

Posted by sandiegobiotech October 18th, 2011 .
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There’s been a flurry of funding deals among San Diego life sciences companies in recent weeks, led by AnaptysBio, a six-year-old startup that named a new executive chairman and chief business…

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Johnson & Johnson Creates Innovation Center for Life Sciences Startups in San Diego

Posted by sandiegobiotech October 18th, 2011 .
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In a bid to foster life sciences startups, Johnson & Johnson is refurbishing part of its pharmaceutical research and development facility in San Diego to create an “innovation center”…

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Sequenom Inaugurates New Diagnostic Test for Down Syndrome

Posted by sandiegobiotech October 17th, 2011 .
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San Diego-based Sequenom (NASDAQ: SQNM) says today it’s making a prenatal test for fetal Down syndrome available in 20 U.S. cities, 2 1/2 years after the company shelved the debut of an earlier…

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Genomics 2.0: Ten Years After the Bubble, it’s Getting Really Interesting Again

Posted by sandiegobiotech October 17th, 2011 .
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What do 10,000 people with autism, 50,000 people in some remote islands in the North Atlantic, and 1,000 healthy old folks in southern California have in common? They are on the front edge of one of…

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Ford Developing Wireless Health Apps for Motorists on the Go

Posted by sandiegobiotech October 14th, 2011 .
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K. Venkatesh Prasad has been working in Detroit for the past five years on an innovation that could be described as the next big crazy idea that might just work. As the senior technical leader in…

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