SoCalBio Weekly Update
February 14, 2014

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June 23 - 26
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Join us for the SoCalBio Business Mixer focusing on
Big Healthcare Data & Analytics Innovations
February 27, 4:00 to 7:00 pm 
@ Conference Room of the UCLA California Nanosystems Institute 
 
Eventbrite - SoCalBio Business Mixer: Big Healthcare Data & Analytics Innovations

Abstract
This industry mixer will deal with the issues of managing massive healthcare data and commercial efforts made to develop the necessary predictive analytics and other tools to help physicians make clinical decisions based on such data. The event will feature a panel including local companies such as Medtronics and Boston Scientific Neuromodulation, practicing physicians, digital health companies such as TrendShift, and investors such as Poliwogg to discuss the following: 
  1. The promise of big data management in radicalizing patient care 
  2. Is this promise overblown out of proportions and will Obamacare help? 
  3. What is missing technologically to translate that promise into reality 
  4. Commercial efforts done to manage, mine and monetize big data 
  5. Local big data innovations and start-ups based on them 
  6. Will big data provide another bioscience industry growth driver in Greater Los Angeles?
  7. Funding and nurturing the big data management eco-system
Speakers
  •  Joseph Boystak, Partner, Poliwogg
  • John Mastrototaro, Ph.D.,Vice President, Informatics, Medtronic, Inc.
  • Robert Murtfeldt, VP of Business Development, Johnson & Johnson Diabetes
  • Christopher Ritchie, President, TrendShift LLC
  • Dennis Zottola, Director, Systems and Software, Boston Scientific Neuromodulation

Sponsors
Make Your Voice Heard in DC 
Join SoCalBio at the BIO Legislative Day in Washington, D.C. on April 8 and 9
Join SoCalBio's team and other biotechnology executives from across the country who will go to D.C. for a day and a half of legislative briefings and advocacy on Capitol Hill. This fly-in is organized by the Biotechnology Industry Organization to give you the opportunity to meet with your congressional representative and other legislators to educate them about the importance of the biotech industry for job and wealth creation.
 
Contact SoCalBio, if you are a bioscience industry executive interested in participation and located in Los Angeles, Orange County, the Inland Empire and the communities of the Gold Coast of Ventura and Santa Barbara. Send email to: scbc@socalbio.org
Meet New SoCalBio Members
Biotechnical Services Inc. (San Diego)
Provides scientific lab equipment sales and services, such as calibration and validation.... Learn more
 
Response Genetics (Los Angeles)

Response Genetics is a publicly traded biotech company focused on developing molecular diagnostic assays to help determine the patient's response to cancer therapies ... Learn More

 

Pharmacos Biopharmaceutical Services (Irvine)
Pharmacos services small to mid-size specialty biopharmaceutical and medical device companies by providing a complete suite of outsourcing and/or consulting services which support drug development, registration, commercialization, life cycle management and commercial operations ..
Learn More
 
CRB USA  (Carlsbad)
CRB is a global design, construction and consulting firm that services the bioscience and other advanced technology industries. The firm employs over 600 people in 10 offices serving clients throughout the world ... Learn More 

Digital Health
17 Million Wristworn Activity Trackers to Ship in 2014 

A study by market research firm, Canalys, shows that Fitbit, Jawbone and Nike will continue to dominate the market for wearable bands for fitness and activity tracking ... Read more
Stroke App

Digital health startup, PersonalRN, plans to offer point-of-care patient education apps for a number of different diseases, but they are starting with stroke because they see it as having the most potential for reducing hospital readmissions by improving education ... Read more
From the Lab Bench
UC Irvine Researchers and UK Collaborators Use Carbon Nanotubes to Grow Human 
Embryonic Stem Cells

The researchers believe this development will speed up the eventual process of growing replacement tissue and organs in the laboratory, as well as relieve the need for using tissue donors for growing the stem cells... Learn more
Follow-on Offering
Puma Biotechnology Closes $138 Million 
Public Offering of Common Stock


The net proceeds from the offering were approximately $129.3 million, after deducting the underwriting discount and estimated offering expenses payable by the Company. The West Los Angeles-based biotech is focused on the development of PB272 (oral neratinib), a potent irreversible tyrosine kinase inhibitor, for the treatment of patients with HER2 positive metastatic breast cancer and patients with non-small cell lung cancer, breast cancer and other solid tumors that have a HER2 mutation. ... Read more

Private Placement
Woodland Hills-Based Endonovo Therapeutics Raises $10 Million Throu a Private Placement
 
Endonovo Therapeutics, Inc. is a publicly traded biotech company developing non-invasive, electromagnetic therapies designed to extend and enhance the human life by regenerating tissues and organs that have become injured or damaged due to disease and age. The Company is developing therapies for various inflammatory, autoimmune and degenerative diseases using Time-Varying Electromagnetic Fields (TVEMF) ... Read more at MassDevice 
Market Clearance
Irvine-Based Ellipse Technologies Gets FDA Clearance for its PRECICE 2 Limb  Lengthening System 

The PRECICE system features a non-invasive mechanism for adjusting the length of the implant that relies on a magnet inside the device and an external remote controller that activates it. The system is indicated for lengthening the tibia and femur bones of the legs either following an injury or for those with congenital conditions... Learn more
Moving in
San Clemente-Based ICU Medical 
Names Vivek Jain CEO

Mr. Jain joins ICU Medical from the CareFusion Corporation, where he was most recently President of the Procedural Solutions division. In that role, Vivek had executive oversight and responsibility for the majority of CareFusion's medical disposables products, with recent annual revenue of approximately $1.3 billion. Mr. Jain oversaw a diverse range of business units, and during his tenure, each business unit achieved strong revenue growth, broader global reach, and improved operating margins... Read press release 

 

Former Amgen Executive, Carl Adams, Joins West Los Angeles-Based NeuroSigma as Vice President & Controller

 

Mr. Adams brings 20 years of experience in accounting and corporate finance to NeuroSigma.  After nine years at Ernst and Young LLP, culminating as a Senior Manager in the firm's audit practice, Mr. Adams joined Amgen, Inc.  While at Amgen he served as a Senior Manager, Assistant Director and Director for SEC Reporting and Corporate Accounting... Read Press Release

Jobs ... Jobs ... jobs 
business_conference5.jpg
Gilead (San Dimas)
Gilead (Oceanside)
Biolase (Irvine)

Xencor (Monrovia)
Aubery Group (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
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Become a SoCalBio Member and Save Money by Utlizing the SoCalBio Group Purchasing Program