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Welcome, New SoCalBio Members
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Join SoCalBio
Join SoCalBio leaders to promote the biotech and device industries in Los Angeles, Orange County and neighboring communities for job creation and overall economic growth.
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| Thanks to SoCalBio Media Partners
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February 6, 2012
|  Editor: Ahmed Enany
President & CEO
Southern California
Biomedical Council
enany@socalbio.org
www.socalbio.org
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| Bioscience IPO |  Ceres $132 Million IPO Expected This Week
The UCLA spin-off and Thousand Oaks-based Ceres Inc., which is developing seeds to provide specialized crops for the biofuels industry, is scheduled to go public on Feb 9 to raise roughly $132 million .. Read more
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| Device Tax |  IRS Releases Guidance on the Medical Device Tax
The U.S. Department of the Treasury released proposed regulations on who will and who won't be subject to the 2.3% medical device tax today, carving out some exemptions for early-stage devices and providing a little clarity on fears of a double tax for contract manufacturers, importers and component manufacturers ... Read more at Mass Device
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| RSVP Now |
 February 14, 11:30 am to 1:30 pm at RSK Designs in Thousand Oaks:
SoCalBio Executive Luncheon and Roundtable Discussion in Ventura County (By Invitation Only)... Click here for more info and to RSVP  February 16, 4:00 to 7:00 pm at the Alfred Mann Foundation in Santa Clarita:
SoCalBio Women, Work & Wisdom (W3) Mixer in Los Angeles. Elena Medo of Neolac (Murrrieta) and Shenda Baker of Synedgen (Claremont) will speak about "Overcoming Startup Company Challenges" (By Invitation Only).. . Click here for more info and to RSVP  February 23, 7:00 to 9:30 am at UCI University Club in Irvine:
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| Coming on April 19 | 2012 SoCalBio Workforce Summit
Aligning Training & Workforce Development with Company Performance Metrics Click on banner to see agenda |
| MDUFA | Medical Device Makers Trade Higher Fees for Faster Review Times
 The FDA and medical device makers represented by AdvaMed, MDMA & MITA reach agreement in principle on the reauthorization of MDUFA. Medical device industry trade groups and the U.S. FDA reached a tentative agreement designed to speed up and improve the agency's review process as part of the third reauthorization of the Medical Device User Fee Act or MDUFA ... Read more |
| Patenting | ImmunoCellular Therapeutics Receives Notice of Allowance of Cancer Stem Cell Targeting Patent
 "The notice of allowance for this patent provides support for our strong intellectual property protection that we are building in the treatment of cancer by targeting cancer stem cells," said John Yu, MD, ImmunoCellular's Chairman of the Board and Chief Scientific Officer and a co-inventor of the technology covered by the patent that has been exclusively licensed to the Company. "We continue to actively develop our CSC platform as we believe it has significant potential in the treatment of cancer" ...Read more |
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Click on image for more info
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| Private Placement | Response Genetics Makes Private Placement
Shares of Response Genetics jumped by a third on Thursday after announcing it had raised $7.8 million in a private placement .. Read press release about placement
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| Secondary Offerings | MannKind Receives Commitment from The Mann Group to Acquire 31,250,000 Shares of Common Stock
 The Valencia-based MannKind Corp. entered into a purchase agreement with The Mann Group LLC, an entity controlled by MannKind's chief executive officer and principal stockholder, Alfred E. Mann, for the sale of shares of its common stock to The Mann Group. The Mann Group has committed to purchase 31,250,000 restricted shares of MannKind's common stock, the same number of shares as the number of units that are expected to be purchased in the concurrent public offering of MannKind's common stock and warrants, which was initially announced on January 31, 2012 ... Read Press Release
| | ChromaDex Looks to Raise $10M
The Irvine-based natural products company ChromaDex Corp. hopes to raise at least $10 million in a couple of stock sales. ChromaDex stocks are traded on the Over the Counter Bulletin Board. The company makes ingredients for dietary supplements, cosmetics and other products from fruits and plants ... Read more at the OCBJ
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| SoCalBio Sponsored | | Entrepreneurship Course for Scientists and Engineers
The Henry Samueli School of Engineering, UC Irvine
January 17 to March 8
Free and open to the public.
For more information please contact the instructor, Goran Matijasevic, Ph.D., M.B.A., at (949) 824-9830 or goran@uci.edu |
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| Heart Valves | | Edwards Lifesciences Announces Promising Transcatheter Patient Data
Edwards Lifesciences announced that a recent clinical trial studying its Sapien transcatheter heart valve found reduced mortality rates in high-risk patients with severe aortic stenosis ... Read press release |
| Bone Biology | | Amgen Offers a Web Resource About Bone Biology
 Amgen has unveiled a new website that aims to educate patients, the lay public, and maybe even some clinicians about bone biology. The various animations in the site titled New Insights into Bone Biology are visually quite striking and really show off the biological processes involved. If you like this style of learning, do check out their other site that teaches about angiogenesis: Pioneering New Frontiers into Angiogenesis... Access web site |
| SoCalBio Helps You Save Money | |
Companies utilizing the SoCalBio Group Purchasing Program enjoy significant savings on products and services procured through this program. Here are the actual savings generated from the SoCalBio-VWR program for lab equipment and supplies:
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Lab Supplies Spend Range Under SoCalBio-VWR Program
| Average Savings Off List Price Under SoCalBio-VWR Program | | > $2M | $2,682,800 | | $1M - $2M | $931,959 | | $500k - $1M | $472,161 | | $250k - $500k | $252,683 | | $100k - $250k | $108,145 | | $50k - $100k | $53,582 | | $25k - $50k | $23,812 | | $10k - $25k | $12,304 | | < $10k | $2,696 |
The savings represent average annual savings of the actual program participants in the BIO-VWR program. Results will vary based on individual company's Product Mix and Purchase Volume ... Learn more
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Jobs Available
| Alliance Medical Products (Irvine)
Click here to apply
- Aseptic Fill Technicians (3-5 years aseptic experience minimum)
- Production Operators (Aseptic filling of drug products, 3 years experience)
- Sr. Process Engineers (Must come from aseptic filling facility,prefer automated filling/packaging/setup and validation experience, BSME (or equiv) 5-10 years experience)
- Maintenance Mechanics (hands on ability to conduct routine preventive maintenance on production and laboratory equipment)
Physician Therapeutics (Los Angeles)
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| About SoCalBio |
 SoCalBio membership links you to partners, contract manufacturers, regulatory and legal experts, and policy makers. The organization's programs help emerging biotech and medical device companies grow. Membership is affordable -- as low as $500 -- and offers access to networking opportunities, advocacy, discounts through our group purchasing program group purchasing program and other benefits you simply can't find elsewhere ... Join SoCalBio |
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