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SoCalBio Weekly Update

Past Weekly Updates

SoCalBio Vendor Spotlight

 

Bingham McCutchen (Costa Mesa)

A SoCalBio Member Since 2009RF  

Bingham is represented in SoCalBio by Rob Funsten, Co-chair of the firm's life sciences practice. Bingham is a full;-service law firm with 1000 layers working across the firm's global network.  
 
Rob Funston's transactional, M&A and securities practice at the firm's Costa Mesa office in Orange County focuses on advising life sciences companies, including pharmaceutical, medical device, diagnostic, biotechnology, biopharmaceutical, biomedical, nutraceutical and other healthcare industry firms.... Learn more

SoCalBio Partners

 

 

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Replenish, Inc.

airgas  

 

Los Angeles/Orange County Biotechnology Center 

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onelambda 

 SoCalBio Mast  

 

 

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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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Thanks to SoCalBio Media Partners


May 8,  2013


Editor: Ahmed Enany 
President & CEO
Southern California
Biomedical Council

enany@socalbio.org

www.socalbio.org

RSVP Now

SoCalBio Networking Forum  

May 30, 4 to 7 pm

Conference Room of the USC Stem Cell Research Institute at the USC Health Sciences Campus in East Los Angeles

 

Eventbrite - Rescheduled: SoCalBio Networking Forum in Ventura County: Groundbreaking Technologies to Reverse Blindness

Groundbreaking Technologies to 
Reverse Blindness

Keynote Presenter 

Robert Greenberg, MD, PhD
Co-Founder, President & CEO
Second Sight Product Corporation

 

Join us to get a glimpse of how SoCalBio members are changing the face of medicine. Learn about Second Sight's FDA-approved and first-in-breed bionic eye -- the Argus II -- that restores some vision to people suffering from Retinitis Pigmentosa. 

 

The Argus II is:

  • An example of new technologies under development in Southern California that promise to reverse blindness.
  • A demonstration of the virtuous outcome of effective local university/industry collaborations
  • The latest in a long string of many biomedical breakthrough innovations made in the Greater Los Angeles region since the 1930s that changed the face of medicine and improved patient care.
  •  Another landmark contribution to medicine by Los Angeles biomedical entrepreneur, philanthropist and SoCalBio Chairman Emeritus Alfred E. Mann. 


 Welcome, New SoCalBio Members
Kite Pharmaceuticals (Los Angeles)

Kite is a UCLA spin-off that is 
advancing a portfolio of proprietary product candidates designed to leverage and enhance the patient's own immune system to fight tumor cells ... Learn more

 

Tempest Technologies (Los Angeles)

Tempest Technologies 
is a professional services firm devoted to advancing the objectives of government, non-governmental organizations and private industry clients through quantitative research methods, mathematical and statistical modeling and analysis, and software engineering and development ....Learn more

 

Racer Technology (Singapore)
 
Established in December 1988, Racer Technology specializes in manufacturing of high quality precision plastic components and sub assemblies for medical device and other industries.... Learn more
 
Micro Quality Labs (Burbank)
 
Micro Quality Labs offers a comprehensive range of contract testing services to the Cosmetic, Nutritional, Pharmaceutical, OTC and household products industries ... Learn more 
Join SoCalBio

Become a SoCalBio Member and Save Money by Utlizing the SoCalBio Group Purchasing Program

Crowdfunding

Crowdfunding for Life Sciences Companies 


GC George Colindres of the Law firm Perkins Coie shares some of the ideas discussed regarding crowdfunding as a capital formation strategy during the SoCalBio Networking Forum held at UCLA on Feb 28, 2013. Although focused on life sciences companies, many of the issues are applicable to tech companies too ... Read more
PIPE Funding

The Pasadena-Based Arrowhead Research Gets $35 Million in Private Equity  

CA

 

Chief Executive Chris Anzalone told the Los Angeles Business Journal that the offering should provide enough cash to operate into 2015. "Our strengthened balance sheet allows us to accelerate our pipeline," Anzalone said in a statement. The offering came through a private investment in public equity, or Pipe. It included common and convertible preferred stock issued at a discount. Arrowhead issued 14.3 million shares of common stock at $1.83 a share, plus preferred stock that can later be converted to common shares at the same price ... Read more 

Biosimilars

The Global Market for Biosimilars Will Be Worth $2.5 Billion Soon 


A new study by British market research firm Visiongain forecasts that the $2.445 billion market size marked more than 20% of growth from 2012 and would account for about 2% of the overall market for biologics. The market is expected to grow rapidly through 2023 as biosimilars hit the market in the United States and European Union ... Read more 
Biotech Growth

Amgen Aims to Restock its Medicine Cabinet 


The Los Angeles Times looks at Amgen's pipeline of upcoming drugs promising to fuel the company's future growth . Among them are a cholesterol-lowering drug named AMG 145, an ovarian cancer drug called AMG 386 and another cancer treatment called talimogene laherparepvec. All three drugs are in the final phase of clinical testing ....   Read more
Medical Robotics

InTouch Health's Robo-Doc' Navigates the UCLA Hospital on its Own, Frees Doctors to Focus on the Critically Ill

   

Ronald Reagan UCLA Medical Center, the world's first hospital to introduce a remote-presence robot into its neurological intensive-care unit in 2005, now welcomes the RP-VITA, the first robot able to navigate the hospital on its own. RO-VITA is developed and marketed by the Santa Barbara-based InTouch Health. UCLA staff affectionately dubbed the 5'5", 176-pound robot "EVA," for executive virtual attending physician. Unlike earlier models that physicians steered via a computer-linked joystick, this version drives on auto-pilot, freeing doctors to devote more time to patient care ... Read more
Epilepsy 
NeuroSigma Receives Health Canada Approval for Its Monarch eTNS System for the Treatment of Drug-Resistant Epilepsy and Major Depressive Disorder 
 
NeuroSigma is a UCLA spin-off based in Westwood (CA). The company's Monarch system gained CE Mark approval in the European Union in 2012, but it is not yet approved in the United States. The Monarch is now available to patients in Canada to treat drug resistant epilepsy, a serious medical disorder that affects approximately 30% of all patients with epilepsy. Major depressive disorder is a prevalent condition, affecting up to 16% of the population at some point during their lives .... Learn more 
Spinal Stenosis

Vertos Medical Secures $1,800,000 New Financing


Vertos Medical is a privately held, medical device company based in Aliso Viejo (CA). The company has pioneered percutaneous interventional devices used in the treatment of common spinal diseases, such as lumbar spinal stenosis (LSS) ... Learn more 

Surgical Microscope
 
TrueVision System's device provides visual guidance during procedures by putting graphic markers on relevant points of the anatomy and makes it easy to record and playback 2D and 3D video. The surgeon can look directly into the microscope or operate using the attached HD swivel monitor ... Learn more
Skin Care
 
The company has signed a 12-year lease with landlord Continental Development Corp. for 45,000 square feet at 2121 Park Place, mere blocks from its current headquarters site on Rosecrans Avenue, in El Segundo. Murad plans to invest $35 million to improve the new corporate offices, which it said will accommodate the company's growth ... Read more 
Incubators

Pasadena Bioscience Collaborative Adds 

Third Wet Lab Space

 

For nearly a decade the Pasadena Bioscience Collaborative (PBC)has offered scientists a low cost way to perform research. PBC is a not for profit early stage incubator that has proven to be a key factor for CEO's as they begin the complexities of starting a new company. Word has spread fast. In 2004 the PBC began with a single company, by 2013 that number has risen to 17 with a number of potential tenants waiting for grant approval .. Read more
Biotech Real Estate Opportunity
agensys-building     agensys-building2
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
Talent Development

SoCalBio Contributes to Biotech/Biopharma Talent Development in Southern California:

Industry to Develop Valley College  Biomanufacturing Technician Training Program

 

The San Fernando Business Journal covers the SoCalBio-initiated  and DOL-funded three-year project that establishes the Community College Consortium for Biosciences Credentials. This project will be centered at Los Angeloes Valley College in the San Fernando Valley. The project's objective is to develop core bio-manufacturing competencies and introduce stackable and latticed credentials to help trade-impacted workers get new jobs..... Click here to access the article

Jobs Available

STAAR Surgical (Monrovia)

SynTouch LLP (Los Angeles)

Keck Graduate Institute (Claremont)

ImaginAB (Inglewood)

Absorption Systems (San Diego)

Replenish Inc. (Pasadena)

Click here for more info and to apply

    • Electrical Engineer (REQ #:12-04) 
    • Facilities Maintenance Worker (REQ #:12-29) 
    • Process Engineer/MEMS Fabrication (REQ #:12-31)
    • Process Development Engineer (REQ #:12-32) 
    • Process Development Engineer (REQ #:12-33)

Puma Biotechnology (Los Angeles)

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