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SoCalBio members receive $200 discount per person on admission to the BioPharm America 2012. Click here to RSVP |
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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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March 26, 2012
|  Editor: Ahmed Enany
President & CEO
Southern California
Biomedical Council
enany@socalbio.org
www.socalbio.org
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 RSVP Now |
 This mixer will feature presentations highlighting the efforts of Stellar Biotechnologies (Port Hueneme) and ImmunoCellular therapeutics (Woodland Hills) in developing novel therapeutics in a changing and increasingly challenging regulatory environment. The forum will also present new tools for emerging companies to demonstrate the power of information in the current regulatory environment.
Speakers
- Darrell Brookstein, Executive VP, Stellar Biotechnologies
- Manisha Murthy, Manager, Product Solutions Team, Elsevier
- Manish Singh, PhD, President & CEO, ImmunoCellular Therapeutics
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| SoCalBio W3 Meeting Summary | |
First SoCalBio W3 Meeting Tackles Startup Challenges Facing Women Entrepreneurs
|  On February 16, 2012, SoCalBio's Women Work & Wisdom (W3) group hosted their first mixer at the Alfred Mann Institute in Santa Clarita, featuring insightful presentations on Startup Challenges by female biotech executives, Shenda Baker, PhD, President and COO of Synedgen and Elena Medo, Chairman and CEO of Neolac, Inc. ... Read meeting summary
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Click on image for more info
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| JOBS Act | |
JOBS Act: Senate Passes Small Business
Investment Bill
|  Legislation to help startup companies raise capital by reducing some federal regulations won easy passage in the Senate Thursday. The legislation combines six smaller bills that change Securities and Exchange Commission rules so small businesses can attract investors and go public with less red tape and cost. It eases rules on advertising and permits startups to use the Internet and other social media to solicit a large number of small-scale investors ... Read all about the JOBS Act here
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| Patenting | |
Supreme Court Ruling Creates Uncertainty for Diagnostics and Personalized Medicine Companies
| The Supreme Court has invalidated patent protection for a blood test developed and sold by Prometheus Laboratories to help doctors select the optimal dose of a drug for certain gastrointestinal ailments, citing its reliance on unpatentable laws of nature .. Read more
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| Pharma Survey | |
| As if we didn't already know this, yes? Still, a new survey finds that 68 percent of pharma execs agree that Humpty Dumpty has fallen off the wall. To be specific, 44 percent agree that the pharma industry model is broken and 24 percent strongly agree with this statement. Another 22 percent are neutral and 6 percent disagree ... Read more
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| Ultrasound Market | |
Global ultrasound market to grow at 5% rate
| | Transparency Market Research estimates that the worldwide ultrasound market will total $4.82 billion in revenues this year and advance to $6.11 billion in sales by 2017, with a compound annual growth rate of 5%... Read more |
| Coming in September | |
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| Mergers & Acquisitions | |
Covidien Announces Definitive Agreement to Acquire Newport Medical Instruments, Inc.
 Covidien will acquire all of the outstanding capital stock of Newport Medical, which is privately-owned and based in Costa Mesa, CA, for approximately $108 million. The transaction, subject to customary closing conditions, including receipt of certain regulatory approvals, is expected to be completed in the second calendar quarter of 2012. Newport Medical is a physician-led company, focused solely on the design and manufacture of dependable, life improving ventilators that are affordable for caregivers worldwide. Newport Medical's products are sold in the United States and more than 115 countries worldwide.... Read more
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| Cholesterol Drug | |
| | Monthly injections of an experimental drug from Amgen Inc slashed levels of cholesterol by up to an additional 66 percent in patients already taking statins, researchers said on Sunday, making it a potential strong rival to a similar drug being developed by Regeneron Pharmaceuticals Inc ... Read more
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| New SoCalBio Members | |
Diamond Capital Partners (Los Angeles)
 Diamond Capital Partners is an investment bank focused on mergers, acquisitions, and raising capital for technology and life-science companies. The firm is represented in SoCalBio by Mr. Steven Besbeck .. Learn more
Stellar Biotechnologies (Port Hueneme)
 Stellar Biotechnologies is a world leader in the development and manufacture of keyhole limpet hemocyanin (KLH). Stellar serves the rapidly growing demand for this essential molecule in pharmaceutical and diagnostic markets. The company ensures supply of the highest quality, GMP-grade KLH protein and it is developing a suite of novel KLH assays and products for immunological use. Stellar will be represented in SoCalBio by its Executive VP, Mr. Darrell Brookstein (photo right).... Learn more CellWorks (Irvine)
 Cellworks is a private, venture-backed biopharmaceutical therapeutic design and development company based on platform predicting clinical outcomes. The Cellworks designed innovative best-in-class therapies are substantially derisked with dramatically increased probability of success. The company's lead compound for the treatment of Rheumatoid Arthritis is ready for clinical development. CellWorks will be represented in SoCalBio by its President & CEO Taher Abbasi (photo right).. Learn more General Lab & Cleanroom Supply (Newbury Park)  General Lab & Cleanroom Supply has been in business since 1991. As the name implies, the company provides clean room supplies, from apparel and bags to equipment and furniture, to bioscience companies. General Lab will be represented in SoCalBio by its President & CEO Mr. Thomas Moore ..Learn more
AMSBIO (Lake Forest)
 AMSBIO provides products and custom services for biological and pharmaceutical research in cancer, regenerative medicine, stem cell biology and neuroscience. The company will be represented in SoCalBio by Mr Wallace McCoy ... Learn more
Sheldon Mak & Anderson (Pasadena)
 Sheldon Mak & Anderson provides legal services in the areas of patents, copyrights and trademarks, trade secrets and IP-related litigation, both here and abroad to emerging and established businesses in an array of industries. Headquartered in Pasadena, the firm has offices in Upland, Riverside and Ventura. The firm will be represented in SoCalBio by Kristin Hiibner, PhD ... Learn more
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| Jobs Available | | Second Sight Medical Products (Sylmar)
Bioness (Santa Clarita)
Alfred Mann Foundation for
Scientific Research (Santa Clarita)
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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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