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August 7, 2012
|  Editor: Ahmed Enany
President & CEO
Southern California
Biomedical Council
enany@socalbio.org
www.socalbio.org
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| RSVP Now | |
8/9/12, 4PM - 7PM -- SoCalBio Women, Work & Wisdom (W3) Group Meeting @ Baxter Bioscience
This is a meeting of bioscience women executives and allied service providers affiliated with SoCalBio to encourage women entrepreneurship in the biosciences.
Featuring Presentations About
Effective BioPartnering
by
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Linda Pullan
Pullan Consulting
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Carolyn Siegal
Siegal Consulting
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| Reserve Your Spot | |
We Are Determined to Make Your
Participation Memorable
Hit a Hole in One, Win a Toyota Prius C
For details, call SoCalBio at 800-418-7079 or send email at scbc@socalbio.org
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| SoCalBio Workforce Summit | |
Thanks to Bioscience Executives, Educators and Workforce Training Professionals Who Participated in the SoCalBio Workforce Summit Held July 19 at the LA Chamber of Commerce
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Replenish Inc. -- a Pasadena-based developer of devices for drug delivery -- came to the Summit to fill 19 engineering positions
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 | | Sean Caffey, MD, President & CEO, Replenish Inc. (Pasadena) networks with Albert Oaten, VP ,AppFolio SecureDocs(Santa Barbara) |
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| Trends |
 Global biotech merger volume has reached levels not seen in four years as big pharmaceutical companies pursue deals to get access to new drugs, with bankers saying therapeutic areas such as cancer, inflammation and autoimmune diseases are proving to be especially attractive ... Read more
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| Regional BioClusters | |
Because of Mergers and Acquisitions, U.S. Biotech Clusters Are Losing Their Anchor Tenants, and It Hurts
 Luke Timmerman of the Xconomy argues: "Every industry needs its anchors, the companies that everyone looks up to as models of success. Think Apple, GE, Boeing. Biotech is no different, as it has been defined by trailblazers like Genentech, Genzyme, and more. But if you look around, biotech is clearly losing its anchors. And this worrisome trend isn't just happening in one or two places-it is playing out in most every regional cluster where the industry has grown up in the past 30 years" ...Read more |
| Bioscience Growth Strategy | |
SoCalBio Forms an Advisory Board to Support Battelle Technology Partnership's Efforts in Generating a Biocience Industry Growth Strategy for Los Angeles
 The Advisory board -- whose members to be announced soon -- will provide guidance in developing the much-needed strategic plan for growing the County's bioscience industry cluster. "We have a start date of August 1st and we look forward to working with the bioscience industry in Los Angeles under the leadership of SoCalBio and other stakeholders to chart a biosciece industry growth map for the County," said Mitch Horowitz (photo right), Vice President and Managing Director, Battelle's Technology Partnership Practice .... Learn more about Battelle Technology Partnership
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| Funding |
Two weeks ago, it was announced that Dr. Patrick Soon-Shiong's NantWorks LLC would receive $125 million from Blackstone, a private equity firm based in New York. NantWorks, whose products include high quality, biologically derived pharmaceuticals, is part of NantPharma which operates a number of drug manufacturing and research facilities around the country... Read more
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| Up and Coming |
C3Jian, Tribogenics and EvoRx Are Among the Up and Coming Bioscience Companies Featured in the Los Angeles Business Journal
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| Mergers & Acquisitions |
 The Irvine-based pulse oximetry firm Masimo has agreed to pay $30.4 million to acquire Phasein, a Swedish company specializing in capnography and multigas monitoring technologies. The deal allows Masimo to expand its line of noninvasive patient tracking systems ... Read more
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| Public Policy |
Battle Over Genetically Engineered Food
Heading to Voters
 A fight over genetically engineered foods has been heating up in the nation's grocery aisles. Now it's headed for the ballot box. Voters will soon decide whether to make California the first state in the country to require labels on products such as sweet corn whose genes have been altered to make them resistant to pests ... Read more at the LA Times
Your Opinion Matters to SoCalBio
Are you for or against labeling GM food?
Click here to vote
(voting is anonymous)
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| SoCalBio Membership Saves You Money | |
Become a SoCalBio Member and save money through utlizing the SoCalBio Group Purchasing Program
Video Recap of SoCalBio Open House
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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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The August 6 issue of the Los Angeles Business Journal featured three bioscience university spinoffs --