SoCalBio Weekly Update
May 21, 2014

Past Weekly
Updates

Recommended
 
June 23 - 26
San Diego

SoCalBio Partners

 

 

vince 

 

 

 

 

vince 

 

 

 

vince 

Replenish, Inc. 

airgas  

 

 

 

 

vince 

 

onelambda 

 SoCalBio Mast  

 

 

 

 

officedepot

 

Recent 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
 
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


Mark Your Calendar
Closeup image of businessman drawing 3d graphics
 
November 14, 7 am to 7 pm
Omni Hotel in Downtown Los Angeles
Visit SoCalBioInvest.com to learn more
IPOs
Santa Monica-Based Kite Pharma Files 
for $115 Million IPO
 
The proceeds will support the development of  Kite's lead drug, KTE-C19, an anti-CD19 CAR T cell therapy. The company -- led by Dr. Arie Belldegrun (co-founder of Agensys, now part of Astellas, and Cougar Biotechnology which was acquired by J&J) -- plans to launch a Phase I/II study for this drug in diffuse large B-cell lymphoma in 2015 and then use the results to get an accelerated approval as a third-line treatment for very sick patients ... Read the company's SEC filing.
 
Rancho Cucamonga-Based Amphastar Pharmmaceuticals Plans $100 Million IPO
 
Amphastar Pharmaceuticals and its subsidiary Internationaln Medication Systems in El Monte are developer of generic and proprietary injectable and inhalation products. Amphastar plans to trade on the Nasdaq under ticker symbol AMPH, with Jefferies, BMO Capital Markets and Piper Jaffray serving as lead underwriters ... Read the company's SEC filing 
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
Heart Valves
Medtronic and Edwards Lifesciences Settle Percutaneous Heart Valve Patent Feud
 
FierceMedicalDevices reports That "as part of the settlement, Medtronic and Edwards will dismiss all pending cases or appeals in courts and patent offices and will not sue one another over TAVR patents for eight years. Medtronic will make a one-time payment to Edwards of $750 million, and will continue to pay ongoing royalties through April 2022 based on a percentage of sales from its CoreValvedevice. Royalty payments must be no less than $40 million annually" ... Read more
OB/GYN 510K
Los Angeles-Based Proa Medical Receives 510(k) Clearance from FDA for Brella-Spec Vaginal Speculum for Gynecological and Obstetrical Procedures 
 
 "In clinical practice today, doctors come up with great ideas that may not be 'big' enough to justify creating a new company, but which have tremendous clinical value to enhance a procedure and its outcomes. Our company concept is simple - to serve as a channel to help these physician-inventors rapidly develop and commercialize their innovative, relatively quick-to-market, ideas in order to enhance clinical practice," said Arman Nadershahi (photo right), Chief Executive Officer of Proa Medical .... Read Press Release 
Leadership
BIOLASE's Chief Dr. Alexander Arrow Joins the SoCalBio Board of Directors
During their meeting on May 14, SoCalBio Board Members voted unanimously to add Dr. Arrow (photo right), president of BIOLASE, an Irvine-based maker of laser devices for dental and surgical applications, to the Board. Prior to Biolase, Dr. Arrow was the Chief Medical and Strategic Officer of Circuit Therapeutics, Inc. from 2012 until 2013. From 2007 through 2012, he was the Chief Financial Officer and Medical Director of Arstasis, Inc., a 115-employee cardiology device manufacturer. From 2002 until 2007, Dr. Arrow headed medical technology equity research at the global investment bank Lazard, where he provided research coverage on Biolase, among other companies. From 1999 through 2001 Dr. Arrow served as Chief Financial Officer of The Patent & License Exchange, Inc. He holds a medical doctorate from Harvard Medical School and a bachelor's degree in biophysics, magna cum laude, from Cornell University.... Learn about BIOLASE
Past Events
Thanks to Participants in the SoCalBio Workshop on Accessing Government Funding Held May 15 at UCI Calit 2 Auditorium in Irvine
Workshop leaders from left to right -- Patti Weber (NIH), Terry Doherty (LA BioMed) and David Hood (DH3 & Associates) --  engaged workshop attendees in a discussion regarding how to craft grant proposals to tap new funding opportunities
Matt Parsons of Moss Adams advised attendees on ensuring conformity with government accounting rules when spending grant money to avoid painful audits

Thanks to AMI - USC and Calit2 for sponsoring this workshop
Digital Health
 Venice, CA-Based Nephosity Inc. Announces Imaging Telemedicine Platform for Collaborative Multispecialty Care 
 
Nephosity is led by Michael Pan (photo right), formerly with DreamWorks. The company's iPad-based telemedicine platform now offers new features such as case management, video conferencing, and screen sharing. The platform earlier had received FDA approval as a Class 2 medical device on its native iPad platform ... Learn more
Join the SoCalBio Digital Health Group
This is a sub-group of the Southern California Biomedical Council (SoCalBio) on LinkedIn that functions as a conduit for information about the digital health business in Southern California, a forum for networking digital health stakeholders virtually, and a bully pulpit for digital health entrepreneurs ... Join the group
M&A
Valeant Plans to Sweeten the Allergan Deal
 
The MarketWatch reports that Valeant Pharmaceuticals International Inc. fired back at Allergan Inc. in their takeover war early Tuesday by scheduling an open meeting with shareholders of both companies to discuss the merger, saying it would unveil an improved offer for the drug maker ... Read more

 

Also read:

Jobs ... Jobs ... jobs 
KGI (Claremont)
ImaginAB (Ingelwood)
 
BIOLASE (Irvine)
C3 Jian (Los Angeles)
 Gilead (San Dimas)
Gilead (Oceanside)
Quantimetrix (Redondo Beach)
Click here for more info and to apply 
  • R&D Associate
  • Sales Representative
  • Distribution Associate
  • Advertising Assistant
  • Customer Service Representative (P/T)
Bioness (Santa Clarita)
 
Allvivo Vascular (Lake Forest)
Bench International (Los Angeles)
Inogen (Goleta)
Carolina Liquid Chemistries 
(Winston Salem, NC and Brea, Calif.)
Applied Biocode (Santa Fe Springs)
ADRx (Thousand Oaks)
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