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SoCalBio Weekly Update

Past Weekly Updates

SoCalBio Vendor Spotlight

 

Symbion Research

A SoCalBio Member Since 2006

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Founded and led by Peggy Pence, PhD (photo above), Symbion Research is a comprehensive scientific and regulatory consulting and contract research firm with global operations in the United States, Europe, Latin America, and China (coming soon). Symbion's clients encompass a broad range of medical product companies pursuing the development of pharmaceuticals, biological products, medical devices, in vitro diagnostics, and dietary supplements .... Learn more

SoCalBio Partners

 

 

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Replenish, Inc.

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Los Angeles/Orange County Biotechnology Center 

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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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Free Event
 
Place: CNSI at UCLA
570 Westwood Plaza  Los AngelesCA 90024
Date: Fri, March 15, from 10 to 2
Contact: Miles Gerson -- miles.gerson@research.ucla.edu -- P: 310.794.0561 
March 11,  2013


Editor: Ahmed Enany 
President & CEO
Southern California
Biomedical Council

enany@socalbio.org

www.socalbio.org


Public Policy

SoCalBio Participates in BIO's Legislative Day in Washington DC

 

Held on March 13 (with an orientation meeting for participating executives on March 12) and organized by the Biotechnology Industry Organization (BIO) in collaboration with regional bioscience associations throughout the US, the BIO Legislative Day involves meetings with legislators in the House and Senate about the importance of the biotechnology industry to our future and how to best protect and grow the life-science industry in the United States .... Learn more

Talent Development
SoCalBio Holds its Annual Southern California BioGENEius Challenge to Acknowledge Outstanding Biotechnology Research by High School Students 
Winners of the SoCalBio Southern California BioGENEius Challenge will have the opportunity to compete for the International BioGENEius Award organized by the Biotechnology Institute in tandem with the Annual Bio International Convention

The regional Southern California BioGENEius Challenge is organized by the Southern California Biomedical Council, the trade organization which oversees the interests of the over 900 bioscience companies in the Greater Los Angeles Region (http://www.socalbio.org). This Challenge is held in collaboration with the Biotechnology Institute to acknowledge outstanding research in biotechnology by high school students and provide them with the opportunity to compete for the Internatrional BioGENEius Award. ... Learn more
Upcoming Events

Seasoned Venture Capitalist Lisa Suennen Addresses the SoCalBio W3 Group about the Changing Landscape of Venture Investing in the US

 

When: Thursday, April 11, 2013 from 4:00 PM to 7:00 PM (PDT)

Where: The Saban Research Institute

Address: 4661 Sunset Boulevard ,  Los AngelesCA 90027

RSVP: http://www.eventbrite.com/event/5425341342

 

Lisa Suennen is a co-founder and Managing Member of Psilos Group, a healthcare-focused venture capital firm with over $577 million under management. Ms Suennen has headed Psilos' West Coast office since the firm's founding in 1998 and focuses on the medical device, healthcare information technology and healthcare services sectors. She serves as a Director on the Board of several Psilos portfolio companies, including AngioScore, PatientSafe Solutions, OmniGuide and VeraLight (chairman).Ms. Suennen also writes a widely read blog on healthcare and healthcare investing at www.venturevalkyrie.com ... Learn more
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Become a SoCalBio Member and Save Money by Utlizing the SoCalBio Group Purchasing Program

From the Lab Bench

Recent Developments from Local Universities

Recent Funding

Recent Greater Los Angeles Venture Funding Deals

  • The Goleta-based BaroNova raises $27 million led by Boston Scientific and Sante Ventutres ... Read more more
  • The Valencia-Based Sanguine Biosciences raises an undisclosed amount of seed funding co-led by Invent Ventures and Heliant Ventures ... Learn more
  • The Marina del Rey-based Tribogenics raises $6.2 million Series A round led by Founders Fund ...Read more
  • The Laguna Hills-based Glaukos Corp., a developer of a glaucoma device, has raised $30 million in new VC funding ...
    Read more
  • The Irvine-based Ivantis, a developer of glaucoma stent, has raised $27 million in a first closing of its Series B funding ...Read more
Fibromyalgia Dx
EpicGenetics of Santa Monica Launches First Test to Objectively Diagnose Fibromyalgia
 
A recent peer-reviewed study, published in BMC Clinical Pathology, reveals a medical breakthrough discovering multiple biomarkers based upon highly sensitive and reproducible medical investigations. Conducted by the University of Illinois College of Medicine at Chicago (UIC) and EpicGenetics, a privately-held biomedical company, the research has led to the development of The FM/a Test (http://www.thefmtest.com), the first test to objectively diagnose fibromyalgia ... Learn more
Emerging Markets

China to Reform Food and Drug Safety Oversight

 

The Burrill Report says that "China's leaders are planning to reorganize the way food and drug safety is regulated in the country in an attempt to improve the process and reduce overlapping enforcement responsibilities in related agencies. The move reflects an attempt by the government to deal with safety scandals that have rocked the nation, sickening thousands of Chinese and creating global concerns over the safety of the country's food and drug exports" ... Read more

Trends

Global Gastrointestinal Devices Market to Grow

to $33 Billion in 2023

 

Gastrointestinal devices treat a multutide of disorders including oesophageal cancer, stomach cancer, colon cancer and Crohn's disease. Similar to the factors that are propelling the device market overall, use of gastrointestinal devices is increasing because of rapid advancements in technology, an aging global population and a desire for minimally invasive procedures ... Read more

Heart Valves

Edwards' Sapien Device as Effective as

Open Heart Surgery

 

Edwards Lifesciences' Sapien device, inserted into the heart via a catheter to fix a diseased aortic valve, is as safe and effective as open heart surgery for as long as three years, researchers said. The study presented at the American College of Cardiology meeting in San Francisco provides reassuring data about the device approved in the U.S. in October as the first alternative to traditional surgery. The trial, dubbed Partner, found 44.8 percent of surgery patients died within three years, compared with 44.2 percent of Sapien patients ... Read more

Biotech Real Estate Opportunity
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Rare Biotech Sublease Opportunity in Santa Monica
Approx 28,000 Total Contiguous Rentable Square Feet 
Contact Matthew Brainard

Sr.Managing Director, Studley

310.444.1026 --  mbrainard@studley.com

License: 01267600 

  • Asking rate: $2.50 NNN with 3% annual increases 
  • 1545 17th St. approximately 18,000 rsf. through September 30, 2016 
  • 1701 Colorado Ave. / 1553 17th St. approximately 10,000 rsf through October 31, 2016 
  • Longer terms may be available 
  • Available December 1, 2013 
  • Creative office potential 
  • Two buildings combined currently improved as a biotechnology manufacturing facility, including: generator, clean rooms, laboratory space, hoods, autoclaves, etc 
  • Approx. 62 car parking (including lot across the street at 1544 17th St.) 
  • Located in the heart of the Santa Monica Media District and across the street from a future Metro stop
Moving in
Amgen's Former Chief -- Kevin Sharer -- Joins Foundation Medical Partners

The former Chairman and CEO of Amgen was recently named as a Partner by the Rowayton, Connecticut-based venture fund Foundation Medical Partners. 
 
Foundation Medical Partners is a healthcare venture capital investment firm formed in 2001 with the vision of bringing together cutting edge healthcare expertise with deep company-building experience. Foundation specializes in early stage investments in the medical device, healthcare IT, and connected health sectors .. Learn more
New SoCalBio Members

Globizz (Gardena)

 

Globizz is an international consulting company with extensive experience in cross-border business. The company provides strategic planning and risk management services to Japanese companies interested in expansion in the US  and American companies interested in doing business in Japan... Learn more

  

Interlean LLC (Lawndale)

 

Interlean is created by Mr William Botha, formerly with Baxter Biosciences and Avrio Biopharmaceuticals, to offer Lean deployment services customized to fit the needs of the tightly regulated pharmaceutical and medical device companies ...learn more

 

Quantason (Los Angeles)

 

Quantason has developed a revolutionary, next-generation bi-modal (US/IDUS) platform technology which fundamentally changes the utilization of conventional ultrasound both as a modality for diagnostic imaging and as an active screening method ... Learn more

 

Amethyst Life Sciences 

@ the New Ventura BioCenter (Thousand Oaks)

 

Amethyst Life Sciences, Inc., is a privately-funded company whose mission is to enable new start-up businesses in the areas of biotechnology, pharmaceutical science, nanotechnology, and materials science ... Learn more

 

Exact Staff, Inc. (Woodland Hills)

 

exactstaff Exact Staff is a healthcare and medical device staffing service provider. The company will be represented in SoCalBio by its CEO Ms. Karen Goodwin kgoodwin@exactstaff.com  ... Learn more

Jobs Available
                          Puma Biotechnology (Los Angeles)
                              Avita Medical (Northridge)
                                Bioject (Orange County)
                                       Ivantis (Irvine)
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