SoCalBio Weekly Update
April 30, 2014
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June 23 - 26
San Diego

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Recent 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 
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.
Become a Member
Thanks to SoCalBio Media Partners


Bionic Eye
Michigan Man Among First in US to Receive Second Sight Medical Proucts' Bionic Eye
 
Robert Greenberg, MD, PhD

Fox News reported on one of the first patients to be fitted with a bionic eye developed and manufactured by the Sylmar-based Second Sight Medical Products. The patient named Roger Pontz suffered from retinitis pigmentosa and has been almost completely blind for years. "Now, thanks to a high-tech procedure that involved the surgical implantation of a "bionic eye," he's regained enough of his eyesight to catch small glimpses of his wife, grandson and cat" Fox News said ... Read this heart-warming story

 

 

Kudos from SoCalBio to Dr. Robert Greenberg, President & CEO, Second Sight Medical Products

Financing
Kite Pharma, Inc. Raises $50 Million

The Santa Monica-based Kite -- which is focused on developing engineered autologous T cell therapy (eACT™) products for the treatment of cancer -- announced the completion of a $50 million mezzanine private financing of convertible notes. Participants in the transaction included a syndicate of healthcare-dedicated investors, many of which are based in the United States and are first-time investors in Kite... Read press release

Register Now
SoCalBio Workshop on Accessing
Government Funding
  The stars and stripes with dollar bills of the USA
May 15, 8 am to 4 pm
Calit2 Auditorium in Irvine

Eventbrite - 2014 SoCalBio Workshop on Accessing Government Funding 

Attend this SoCalBio Workshop to to get more information about new SBIR/STTR and other grant funding opportunities. This workshop will also sharpen your grant-writing skills and help you tap various government funding opportunities from the National Institutes of Health and the Department of Defense .. More info

Business Trend
Angel Investors Look At Biotech
 
checkbook-pen.jpg

Gail Dutton, Contributing Editor, Life Science Leader writes: "Angel groups are investing in biotech and are staying involved longer than ever before, creating new collaborations and financing options that raise more money than initial and subsequent rounds. Some say that today's angels are similar to venture capitalists in the early 1990s" ... Read more

Digital Health
Kuwaiti Fund Invests in the 
Culver City-Based NantHealth
 
Patrick Soon-Shiong, MD

The Los Angeles Business Journal reported that "NantHealth, billionaire Patrick Soon-Shiong's health care technology company, on Tuesday announced it is getting an investment of $100 million from Kuwait's sovereign wealth fund. NantHealth, a unit of Culver City based NantWorks, will use the money to accelerate rollout of its cloud-based clinical health information system that links patients, health care providers and medical researchers. The NantHealth platform so far has been installed at about 260 hospitals and connects more than 16,000 stationary and mobile medical devices" ... Read more

Cut Cost of Business
Enjoy Significant Discounts on Lab Supplies and Instruments 
Available only to SoCalBio members in Southern California
 
In collaboration with BIO, SoCalBio offers member companies in Southern California preferential pricing and complimentary services on lab supplies and instruments offered by VWR. SoCalBio members utilizing this program save on averge about 47% off the list price ... Learn more
New SoCalBio Members
Laragen (Culver City)
 
Laragen, Inc. was founded in 1995 with the sole intention of providing the highest quality DNA sequencing and genotyping in the industry. The company's primary goals are to provide impeccable quality, fast DNA sequencing and genotyping services for academic institutions as well as private companies ... Learn more

 

SetPoint Medical (Valencia)
 
SetPoint Medical is a medical device company seeking to treat patients with debilitating inflammatory diseases, such as Crohn's Disease and rheumatoid arthritis, using proprietary implantable neuromodulation devices ... Learn more
 
Recommended Event
Interview
Hakan S. Edstrom, the President and COO of MannKind Corporation (MNKD), Interviews with The Wall Street Transcript 
 

The Wall Street Transcript has just published its Biotechnology and Pharmaceuticals Report offering a timely review of the sector to serious investors and industry executives. The report includes an interview with Hakan Edstrom, President and COO, MannKind Corporation (Valencia, Calif.), whose inhaled insulin Afrezza is now up for review by the FDA . In this interview Mr. Edstrom discusses company strategy and the outlook .... Read the interview

 

M&A
Allergan Seeking to Counter Valeant's Hostile
Takeover Bid

David Pyott, Chairman, Allergan

MarketWatch reports that the Irvine-based Allergan Inc. has contacted companies including Sanofi and Johnson & Johnson to see if either would be interested in acquiring the Botox maker. Allergan is exploring its options after receiving an unsolicited $45.7 billion bid from Valeant Pharmaceuticals International Inc." ... Read more

 

 

Also read

Moving in
Former Allergan Exec Bob Rhatigan Recruited as COO by Newport Beach-based Alphaeon Corp.  
 
Robert Rhatigan
Alphaeon is a cosmeceutical company in Orange County chaired by Dr. Bill Link of Versant Ventures. According to the Orange County Business Journal, "Alpaheon recently signed a lease to move its headquarters from Newport Beach to Irvine this year. The company currently shares office space with private equity firm Strathspey Crown Holdings LLC, which formed Alphaeon last summer" ... Read 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
Join SoCalBio
Become a SoCalBio Member and Save Money by Utlizing the SoCalBio Group Purchasing Program