SoCalBio Weekly Update
March 24, 2014

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June 23 - 26
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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.
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The List
stethoscope_dr_pad.jpg The Top Ten Medical Device Companies
by the Size of 2013 Revenues

 FierceMedDevice listed the top 10 med tech companies in 2013 in terms of revenue from selling medical devices, as compiled by EvaluateMed. 
 
IPO
Irvine-Based Presbia Files for a $90 Million IPO

Presbia PLC, an Irvine, Calif.-based developer of an optical lens implant for treating presbyopia, has filed for a $90 million IPO. It plans to trade on the Nasdaq under ticker symbol LENS, with Jefferies serving as lead underwriter.  www.presbia.com
 
Irvine-Based British Device Maker Lombard Medical Files to Go Public in the US
 
The Oxfordshire, England-headquartered medical device maker specializes in developing, manufacturing, and marketing endovascular stent-grafts to repair aortic aneurysms. Lombard Medical Technologies PLC is listed on the London Stock Exchange (AIM) with the symbol LMT. The company operates in the US through an Irvine-basd facility.. Read more
Cut Cost of Business
Enjoy Deep Discounts from FedEx on Deep Frozen Shipping Solutions  
Available only to SoCalBio or BIO members in Southern California (Click here to enroll)
 
FedEx has expanded its shipping service portfolio to include Deep Frozen Shipping Solution. Participants in the SoCalBio Group Purchasing Program can now access a discounted, non-hazardous, liquid nitrogen dry vapor technology with end-to-end shipment monitoring . This safe and cost-effective option for the shipment of expensive, temperature-sensitive biogenetics and biomaterials, has a 10-day holding time (below -150oC) that allows samples and substances to be mailed globally without having to worry about sublimation or re-icing procedures that is standard with dry ice shipments ... See more information at: http://bit.ly/1jZU43w
Register Now
Eventbrite - SoCalBio Meeting With Thailand Board of Investment
April 1st, 2 - 4 pm, at SoCalBio's Office in Downtown Los Angeles: Doing Business in Thailand  
(SoCalBio members and invited guests)

 
Eventbrite - SoCalBio Business Mixer: Equity Crowdfunding

April 3,  4 to 7 pm, at UCI Calit2 Auditorium (Irvine): SoCalBio Business Mixer: Equity Vs. Philanthropic Crowdfundig  (open to the public)

 

Eventbrite - SoCalBio Executive Luncheon in Orange County April 17, 11 am to 2 pm, at Biolase Inc. (Irvine)

SoCalBio Executive Luncheon: Patent Reform (SoCalBio members and invited guests)

 

Eventbrite - 2014 SoCalBio Workshop on Accessing Government Funding May 15, 8 am to 4 pm, at Calit2 Auditorium in Irvine: SoCalBio Workshop: Accessing Government Grant Funding  (open to the public)

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
BioVinc (Culver City)

BioVinc offers the new fluorescent molecular probes targeting bone, based on technology developed by Professor Charles E. McKenna at the University of Southern California ... Learn more

 

Biolase Inc. (Irvine)
Biolase specialize in the development, manufacturing and marketing of lasers and related products to provide biological treatments that eliminate pain and are safer for patients .. Learn more
 
ADRx (Thousand Oaks)
ADRx, Inc. is a biopharmaceutical company created to develop first-in-class and best-in-class drugs for amyloid diseases. The company intends to discover and develop drug candidates independently and in partnertnership with pharmaceutical and biotechnology companies ...

 

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 ..

 

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 
Recommended Event
 
Celebrate Medical Innovation at LA BioMed 
Thursday, April 24, 2014 from -- 12:30 PM to 5:30 PM
Free for SoCalBio Members
Entrepreneurship
SoCalBio Board Member George Ayoub Speaks at UCLA's "Startup in a Box" Event 
April 1, 4 to 7 pm 
@UCLA CNSI
 
George Ayoub was a co-founder of One Lambda, Inc., one of UCLA's earliest startups founded in 1984, and was President and CEO until it was acquired by Thermo Fisher Scientific for $925 million in September 2012. Mr. Ayoub will speak about his journey that took him from UCLA's Tissue Typing Laboratory to being the CEO of an IP-rich technology company - from bootstrapping to revenue and acquisition ... Learn more and RSVP to attend
Funding Science
Billionaires With Big Ideas Are Privatizing American Science

The New York Times writes about the rise of financial support of science through philanthropy at a time when budgets cuts in Washngton DC "have left the nation's research complex reeling. Labs are closing. Scientists are being laid off. Projects are being put on the shelf, especially in the risky, freewheeling realm of basic research."  But the rise in science philanthropy creates "a new calculus of influence and priorities that the scientific community views with a mix of gratitude and trepidation" ... Read more

Emerging Markets
China Tightens Supervision And Enforcement In The Medical Device Sector

The China country  map on a white background. Clipping path included.
On March 13, 2014, the China Food and Drug Administration (the "CFDA") announced an action plan titled "Rectifications of Five Common Types of Noncompliance Concerning Medical Devices" (the "Five Rectifications Campaign"). A five-month enforcement campaign will be launched to implement this plan .... Learn more 
 
South Korea to Nurture its Medical Device Industry
 

South Korea flag butterfly flying isolated on white background Business Korea reported that the government has a goal for its med tech industry to export more than $12.5 billion worth of goods, hire 130,000 people and have a 3.8% global market share by 2020. Those gains would make South Korea one of the top 7 countries in the medical device arena. ... Read more 

Dx
SoCalBio Member Holomic Launches Google Glass Platform for Rapid Diagnostic Testing

UCLA-spinoff Holomic is launching a Google Glass Platform for the measurement of rapid diagnostic tests (RDTs) and lateral flow immunoassays. Developed at the research lab of Professor Aydogan Ozcan at UCLA and licensed by Holomic, the Glass Platform is the first Glass diagnostic application to read RDTs for the real-time diagnosis and tracking of various diseases and health conditions.... Read more

Partnership
Lancaster, Calif.-Based Simulation Plus Signs a Partnership Agreement in China

Simulations Plus, Inc. (SLP), a leading provider of consulting services and software for pharmaceutical discovery and development, today announced that it has signed a distributor agreement with the Research Institute for Liver Diseases (RILD) in Shanghai, People's Republic of China... Learn more  

Ophthalmics
STAAR Surgical Announces FDA Panel's Favorable Vote for the Visian  Toric Implantable Contact Lens

 

STAAR Surgical reported that its Visian Toric Implantable Lens or TICL received favorable votes to three questions presented to the FDA Ophthalmic Devices Panel of the Medical Devices Advisory Committee. The Ophthalmic Devices Panel reviews and evaluates data concerning the safety and effectiveness of marketed and investigational devices for use in the eye and makes recommendations to the Commissioner of Food and Drugs .. Learn more  

Jobs ... Jobs ... jobs 
C3 Jian (Los Angeles)
Second Sight Medical Products (Sylmar)
Bruin Biometrics (Los Angeles)
Chromologic (Pasadena)
  • Sr. Engineer - Medchanical
  • Senior Hardware Engineer - Machine Vision Systems
  • Sr. Scientist - Optics
  • Sr. Scientist - Biomedical Engineering
  • Principal Research Scientist - Biologics  
Gilead (San Dimas)
Gilead (Oceanside)
Biolase (Irvine)
Xencor (Monrovia)
Aubrey 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