Industry News
Allen Institute gives $125 million to new immunology institute; UC San Diego a partner
The Allen Institute has donated $125 million to a new division dedicated to understanding the human immune system. Partners include UC San Diego and four other academic centers, the institute said Wednesday. Paul Allen, the late Microsoft cofounder… […]
Early Surveillance with L-Dex® Reduces Incidence, Severity & Cost of Breast Cancer-Related Lymphedema, ImpediMed Reports Publication in American Cancer Society Journal
BRISBANE, Australia & CARLSBAD, Calif.–(BUSINESS WIRE)–lt;a href="https://twitter.com/hashtag/Lymphedema?src=hash" target="_blank"gt;#Lymphedemalt;/agt;–L-Dex Reduces Incidence, Severity & Cost of Breast Cancer-Related Ly… […]
Apexian Pharmaceuticals Presents Findings at ASH Meeting Demonstrating APX3330 Impact on Inflammation and Leukemia?in Preclinical Models
INDIANAPOLIS–(BUSINESS WIRE)–Apexian Pharmaceuticals is shedding light on the question of how pre-leukemic cells transform into full-blown leukemia. Genetic mutations by themselves are rarely enough to flip the switch. Inflammation also plays a role…. […]
Truepic Acquires Image Forensics IP to Broaden Anti-Fraud Offering
Image authentication startup Truepic said Tuesday it has acquired the intellectual property and software behind San Jose-based Fourandsix Technologies?including Izitru, an image forensics technology licensed earlier this year by DARPA. Fourandsix (pron… […]
With New Cash, Sensemetrics Aims to Take Industrial IoT Tech Global
Thinking about Internet-connected devices often brings to mind ?smart? home appliances and consumer gadgets. San Diego startup Sensemetrics is applying that technology to the industrial Internet-of-things sector (IIoT), selling access to its cloud plat… […]
Pfizer adds 100 to cancer research center in La Jolla
Pfizer is adding 100 jobs to its oncology research center in La Jolla, increasing employment to more than 900. Pfizer is transferring those positions from its site in South San Francisco. The move, announced Monday, was made to simplify the structu… […]
New Digital Marketplace for Life Science Products ? Built with Scientists in Mind
SAN DIEGO–(BUSINESS WIRE)–Labviva, an AI-powered digital marketplace for life science reagents, instrumentation and services announces today its launch to create scientifically […]
Mitek Stock Price Rises After ASG Beefs Up Acquisition Offer
ASG Technologies, the Florida-based software company backed by activist hedge fund Elliott Management, has upped its offer for San Diego?s Mitek Systems to $11.50 per share from $10 apiece. That?s according to a Nov. 26 letter the Florida-based softwar… […]
Drug effective against cancer that killed Steve Jobs arrives in San Diego
A drug effective against the rare and deadly cancer that killed Apple co-founder Steve Jobs has arrived in San Diego. Called Lutathera, it selectively kills tumor cells with a radioactive compound. Clinical trials proved it effective in halting tum… […]
Qualcomm Says Chinese Court Has Banned Some Apple iPhone Sales
Qualcomm announced a win Monday in its ongoing and multijurisdictional legal battle with Apple. The San Diego chipmaker said a Chinese court has ordered four Apple (NASDAQ: AAPL) subsidiaries in China to stop the sale and import of seven iPhone models … […]
Viracta scores $10M financing, to bring cancer treatment to China
Cancer drug developer Viracta Therapeutics said Tuesday it has raised $10 million as part of a larger financing that is still in progress. The Encinitas company got the money from Chinese drug company Salubris, the lead investor. Salubris and Virac… […]
Human Longevity’s valuation reportedly plummets
Human Longevity, a La Jolla developer of health and disease-prevention technologies, appears to be in a cash crunch, according to a Friday article in the Wall Street Journal. The company, co-founded by genomics pioneer J. Craig Venter, is raising u… […]
Liver drug developer Jecure acquired by Genentech
Jecure Therapeutics, a San Diego company targeting inflammatory liver diseases, said Tuesday it has agreed to be purchased by Genentech. The purchase price wasn?t disclosed. Privately held Jecure was founded in 2015 with financing from Versant Vent… […]
Genetically modified humans arrive. Now what?
For good or ill, perhaps both, humanity?s newfound power to change the genome of our species has been put to use. Chinese scientist Jiankui He genetically engineered human embryos, resulting in the first-ever births of genetically altered babies. T… […]
Vista’s DJO sold by Blackstone for $3.15 billion cash to Colfax Corp.
Vista?s DJO Global has been sold for $3.15 billion in cash by investors led by the Blackstone Group to Colfax Corp, a diversified technology company in Maryland. Sale of the orthopedic products company, announced Nov. 19, is expected to close in th… […]
ResMed to buy lung health company for $225 million
San Diego?s ResMed, a seller of equipment and software for sleep apnea and related conditions, says it has agreed to buy Propeller Health for $225 million. Madison, Wis.-based Propeller Health provides devices and software for people with chronic o… […]
ViaCyte raises $80 million for diabetes therapy
Diabetes therapy developer ViaCyte has raised $80 million, its largest financing to date, ?the San Diego biomedical company said Wednesday. ViaCyte will use the money to advance its stem cell-derived therapies, said Paul Laikind, president and CEO … […]
HIV drugs may help people with Alzheimer’s and Down syndrome, says new hypothesis on Alzheimer’s origins
A major new study on Alzheimer?s disease provides previously unknown evidence of how the brain-robbing illness may originate. Moreover, it proposes that certain HIV drugs called reverse transcriptase inhibitors could immediately be repurposed for A… […]
Agbiotech Cibus files for $100 million IPO
San Diego agricultural biotech company Cibus said Monday it has filed for an IPO of up to $100 million. It’s the second IPO filing for a local biotech in a week. The company says it uses advanced gene-editing technology to favorably alter plant gen… […]
Salk Institute settles last of three gender discrimination lawsuits
The Salk Institute and former Salk scientist Beverly Emerson said they have settled her lawsuit, the last of three gender discrimination cases filed by female researchers in 2017. "The Salk Institute and Dr. Beverly Emerson announce that they … […]
Padres Pedal the Cause unites against cancer: One survivor’s story
Muscular and possessing a killer handshake, Bradley Couch fit right in with the athletic set of bicyclists taking part in Saturday?s Padres Pedal the Cause, an annual fundraiser to support cancer patients and research in San Diego. Surprisingly, Co… […]
Arena gets $800 million upfront in blockbuster lung drug deal
Arena Pharmaceuticals will get $800 million cash upfront in a mammoth global drug commercialization deal announced Thursday. The San Diego biomedical company licensed its lung disease drug, ralinepag, to North Carolina?s United Therapeutics Corp. I… […]
Cancer drug developer Synthorx files for $100 million IPO
Synthorx, a La Jolla biotech developing cancer therapies from partly synthetic life, is seeking $100 million in an initial public offering. The Scripps Research spinoff made the filing with the Securities and Exchange Commission on Tuesday. It seek… […]
EpiPen rival from San Diego’s Adamis nears market
Challenging the popular but pricey EpiPen, San Diego?s Adamis Pharmaceuticals is readying its own emergency allergy medication for sale. Called Symjepi, the product is a pre-filled syringe of epinephrine, used to counteract life-threatening allergi… […]
LunaDNA Offers Stock for Data in Bid to Build Research Database
Henrietta Lacks? ?immortal cells? contributed enormously to the progression of scientific discovery, but Lacks, a poor, black woman who died from cervical cancer in 1951 months after her cells were harvested, never personally benefited from or consente… […]
