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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
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Sponsored Event
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SoCalBio, JETRO and Globizz Invite You to Network with Japanese Medical Device Companies
Feb. 14, 2014, from 11 to 1
JETRO Los Angeles
777 S Figueroa St, Los Angeles, CA 90017
This networking event seeks to bring together regional investors, medical device manufacturers, universities in the Los Angeles metropolitan area, and medical device companies in Japan for networking and facilitating partnering opportunities.
Don't Miss This Opportunity
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List |
The Top 25 Bioscience M&A Deals in 2013
Genetic Engineering and Biotechnology News published the list of the 25 largest bioscience merger and acquisition (M&A) deals disclosed in 2013 by drug developers, tools/tech companies, and CROs, ranked by deal value in U.S. dollars ... The list is topped by the multibillion-dollar blockbuster acquisition of Life Technologies by Thermo Fisher .... See who else is on the list
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FDA Regulations |
FDA Issues a Draft Guidance on Use of Social Media by Drug Companies
The Burrill Weekly Brief states that the "New draft policy guidance from the U.S. Food and Drug Administration puts drugmakers in charge of keeping the agency apprised of their online promotional efforts, but leaves significant questions unanswered" .... Read more
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Drug Development Cost |
 What Is the Real Drug Development Cost for Very Small Biotech Companies?
A small biotech company, virtual or not, has nowhere near $2 billion to bring a drug to market. A simple calculation shows that it can be done for less than $250 million. .... Read more
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CIRM |
Saving California's Stem Cell Agency
An initiative is proposed to provide funding for the California Institute of Regenerative Medicine (CIRM). The plan would raise roughly $700 million annually by increasing tobacco taxes, channeling about $200 million to the stem cell agency through a ballot initiative that would have to be approved California voters. The stem cell agency is scheduled to run out of cash for new awards in 2017 and is casting about for new sources of funding.... Read more
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New Funding |
Aliso Viejo-Based AqueSys Inc. Raises $43.6 Million
in Series B Funding
An undisclosed new investor led the round, and was joined by return backers Accuitive Medical Ventures, The Carlyle Group, Longitude Capital, Rho Ventures, and SV Life Sciences ... Learn more
Other Recent Financing Deals
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Vision Care Collaboration |
OASIS Medical Partners with Spain's AJL Ophthalmic to Distribute Keratoconus Treatment in the US
Glendora-based OASIS Medica, a manufacturer and distributor of disposable surgical instruments and ocular lubricating and cleansing solutions, jointly with Spain-based AJL Ophthalmic, S.A., manufacturer of ophthalmic implants, announce an exclusive relationship for the sales and distribution of Intacs corneal implants for the treatment of keratoconus and FDA approved for the treatment of myopia ... Read more
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Heart Valves |
FierceMedicalDevices says the ruling calls into question the U.S. future of Medtronic's CoreValve transcatheter aortic heart valve, which is on track for FDA approval by the end of its 2014 fiscal year. Edwards' market-leading Sapien transcatheter aortic heart valve has approval in the U.S., Europe and other countries, and it is pursuing new clinical testing and approvals of next-generation options. Edwards has fought fiercely to protect Sapien's dominance in what has become an international patent battle with Medtronic. Medtronic has also won its own victories as the patent fight has raged on... Read more
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Electrophysiology |
Irvine Biomedical Receives FDA Approval to Market ItsTherapy Cool Flex Ablation Catheter
Medgadget reports that this Therapy Cool Flex ablation catheter is used in the treatment of atrial flutter by finding and destroying small areas of cardiac tissue causing atrial flutters or other arrhythmias ... Read more
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Glaucoma |
Allergan Wins Court Order Blocking
Copies of Lumigan Until 2027
Lumigan, which comes in different solution formulas, generated $452.7 million in sales for the nine months ended Sept. 30 and accounts for about 10 percent of the Irvine, California-based company's revenue. The solution slows the progression of glaucoma, which can cause blindness ... Read more at Bloomberg
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Jobs ... Jobs ... jobs |
Xencor (Monrovia)
Aubery Group (Irvine)
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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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