|
Recommended Event
Peking University Bio Net Symposium
July 20th, 2013
UCSD, San Diego
|
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.
|  |
| Thanks to SoCalBio Media Partners
|
|
|
|
July 15, 2013
|  Editor: Ahmed Enany
President & CEO
Southern California
Biomedical Council
enany@socalbio.org
www.socalbio.org
|
|
MARK YOUR CALENDAR
Featuring Next Gen. Medtech, Biotech & eHealth Companies To sponsor or make a business presentation, contact SoCalBio at |
|
VC Investing
|
Who are the Most Active Venture Capital Firms in Healthcare?
 As investments in life science companies have dipped over the past few years, some investors have scaled back investments or walked away from the sector all together. But based on a tally by investment research firm PitchBook in its 2013 Venture Capital Healthcare Report, several firms have made 10 or more investments in pharmaceutical, medical device or health IT companies in the last year and a half ... Click here to access the list
|
|
Crowdfunding
|
Can Crowdfunding Fill the Bioscience Startup
Funding Gap?
 Consultant Pieter Droppert contends that crowdfunding, along with venture capital and angel investing, could stimulate biomedical innovation and become a new component in how startup biomedical companies are funded, consultant Pieter Droppert writes. Raising research money through crowdfunding might help scientists become more entrepreneurial and lead them to start new companies ... Read more
|
|
Register for SoCalBio Events
|
SoCalBio Workforce Summit & Job Fair
(Notice New Date)
Building the Bioeconomy Talent Pipeline
August 21, 2013
8 am to 4 pm
East Los Angels Community College, Building G1 Room 301 A & B
1301 Avenida Cesar Chavez, Monterey Park, CA 91754
We are delighted to announce the following
Luncheon Keynote Speaker
Cathleen Benko
Vice Chairman & Chief Talent Officer
Deloitte
|
|
Sponsored Events
|
October 8 - 9, 2013 in San Francisco, CA
-----------------------------------------------------------------------------------------
November 11 - 13 in Beijing, China
|
|
Emerging Markets
|
China's New GSP Standards:
An Opportunity to Dive in
 The Chinese Ministry of Health has published the Good Supply Practice (GSP) Standards for Pharmaceutical Products in part in an effort to continue the consolidation of the Chinese drug distribution industry by eliminating smaller and less efficient distributors.For many of the 13,000 distributors across the country, the standards will be too costly or difficult to meet, and there are expectations of a wave of mergers and closures. That represents a timely opportunity for multinationals looking for distribution rights in China ... Read more
Booming China Poised to Take a Top Position in Global Drug R&D
 Determined to emerge as a leading force in the global drug development business, China has invested a total of more than $160 billion in building its biotech industry, according to a new assessment from Lux Research. And with 15 clusters--including 5 fast-growing "super" clusters--the huge Asian market is poised to leap past Japan and take the number two spot in terms of overall R&D spending on drug development ... Read more
The Top Ten Big Pharma Investments in China Focus on Diabetes, Vaccines and Generics
 The largest Big Pharma investments in China are about much more than just numbers; they tell the story of the fight over the biggest game in town. Each million-dollar headline marks the latest salvo in a struggle to take control of a market that could make or break Big Pharma players ... Read more
|
|
Cardiovascular Drugs
|
Amgen, Servier Enter $50 Million Heart Drug Development Deal
 The Thousand Oaks-based biotech will get rights to a drug for cardiovascular disease approved in the European Union under a new deal with French drug maker Servier. The drug, Procoralan (ivabradine) is used to threat chronic heart failure and stable angina in patients with elevated heart rates, and Amgen will also have an exclusive option to develop and commercialize an experimental Servier drug, S38844, for cardiovascular disease in the United States ... Read more
|
|
Heart Valves
|
Edwards Wins Transcatheter Heart Valve Patent Fight in Germany
 A German court ruled against Medtronic Inc in the latest round of its patent fight with Edwards Lifesciences, judging the U.S. medical device maker's transcatheter heart valve technology infringes a patent owned by Edwards... Read more
|
|
Genetic Testing
|
Ambry Genetics Will Vigorously Defend Against BRCA1 and BRCA2 Gene Patent Infringement Suit
The Aliso Viejo biotech announced that it intends to vigorously defend itself against the patent infringement suit filed recently in the United States District Court for the District of Utah by Myriad Genetics, the University of Utah Research Foundation, the Trustees of the University of Pennsylvania, HSC Research and Development LP, and Endorecherche, Inc. The complaint alleges that Ambry Genetics infringes on certain Myriad BRCA1 and BRCA2 patents by offering diagnostic BRCA1 and BRCA2 testing to women ... Read more
|
|
Recent Funding
| |
 Predixion develops predictive analytics solutions for health IT and firms in other industries. The company's Series C includes two new strategic investors, Accenture and GE Ventures. Current investors DFJ Frontier, EMC, Miramar Venture Partners and Palomar Ventures also subscribed to the round of financing along with new investor, Frost Venture Partners... Read more
The Laguna Hills-Based Sonendo Raises 18 Million
 Sonendo, a developer of endodontic technologies for enabling root canals to be quickly cleaned, has raised $18 million in new VC funding. OrbiMed Advisors led the round, and was joined by Themes Investment Partners and return backers Fjord Ventures and NeoMed Management. Learn about Sonendo
The Irvine-Based Vertos Medical Raises $23M
in Series E Round
 Pitango Venture Capital, a new investor, led the round while Vertos' existing investors - ONSET Ventures, CHL Medical Partners, Foundation Medical Partners, Mercury Fund and Aweida Venture Partners - also participated. Earlier this year, the company raised $1.8 million, according to a regulatory filing ... Read more
Cataract surgery devices maker WaveTec raises $11 million of a hoped-for $18 million
The Aliso Viejo-based WaveTec is developing its ORA System, a diagnostic device that provide continuous measurements of a patient's eye during cataract surgery, allowing for more precise measurements to help improve refractive outcomes ... Read more
|
|
Leadership
| |
James Mazzo Joins Versant Venture's Newport Beach Office as Operating Partner
 Mazzo, formerly CEO of Advanced Medical Optics and senior vice president of Abbott Medical Optics, will initially focus on three areas of responsibility. As Versant's first Operating Partner based in Newport Beach, he will focus on patient needs, new technology advancements and investment opportunities in the healthcare field worldwide. In addition, he will serve as Chairman and CEO of AcuFocus, and as an advisor and board member to additional Versant portfolio companies. AcuFocus specializes in corneal inlays and is known for its revolutionary KAMRA inlay for the treatment of presbyopia. ... Read more
Allergan, Inc. Announces Appointment of Douglas S. Ingram as President
 Mr. Ingram will report directly to Mr. Pyott and will lead the companys global commercial operations, with responsibility for the companys broad portfolio of pharmaceutical, consumer and medical device products including leading Ophthalmology products such as RESTASIS, LUMIGAN, ALPHAGAN, COMBIGAN, GANFORT, OPTIVE and OZURDEX; Facial Aesthetics products such as BOTOX Cosmetic and the JUVÉDERM family of facial fillers ... Read more |
| Join SoCalBio | |
Become a SoCalBio Member and Save Money by Utlizing the SoCalBio Group Purchasing Program
|
| Jobs Available | |
Avita Medical (Northridge)
Aubrey Group (Irvine)
Second Sight Medical Products (Sylmar)
Alfred Mann Foundation for Scientific
Research (Santa Clarita)
C/A ARCHITECTS (Los Beach)
- Director of Infrastructure (The company is looking for a director who has an architectural or engineering background. Send resumes to: Brent Oswald)
WaveTec Vision (Aliso Viejo)
Response Genetics (Los Angeles)
Tribogenics (Marina del Rey)
Click to access more info
|
|
| 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 |
|
|
