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Vertex Pharmaceuticals Sets Up New Research Site In San Diego

socalTECH

Vertex Pharmaceuticals , a biotechnology company that develops treatments for cystic fibrosis (CF) and other diseases, has opened up a new, 170,000 square foot facility in Torrey Pines, San Diego. According to Vertex, its new facility is a "significant expansion" of its presence in the area. READ MORE>>.

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Southern California needs to find its hub for it to develop its own tech ecosystem

TechCrunch LA

The Alliance estimates that Southern California’s tech community could be one-third the size of Silicon Valley’s by supporting or further developing the six pillars it already has for innovation to occur. In fact, as is well-reported, the luster of Silicon Valley is fading.

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Janssen Labs Expands In San Francisco

socalTECH

San Diego-based Janssen Labs , a life sciences incubator which is part of Janssen Research & Development, said it is expanding its footprint, and is opening up a new, 30,000 square foot lab in South San Francisco. janssen labs life sciences incubator francisco expansion space' READ MORE>>.

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ZeaKal Raises $3.8M

socalTECH

San Diego-based ZeaKal , a plant sciences startup focused on developing technology to increase the yield and oil content of crops, said this morning that it has raised $3.8M ZeaKal explained that it is developing its technology in partnership with the University of Missouri. in a Series A funding. READ MORE>>.

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VelosBio Emerges with $58M in Funding to Steer Cancer Drugs to Clinic

Xconomy

VelosBio, a biotech startup researching new cancer drugs, has raised $58 million in financing. VelosBio joined Johnson & Johnson’s JLABS @ San Diego incubator in January. The company is developing antibody drug conjugates, a class of cancer drug that links antibodies to potent cancer-fighting toxins.

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San Antonio Makes Pact to Commercialize Military, Academic Research

Xconomy

San Antonio — Life science groups, city officials, and research institutes in San Antonio are organizing an effort to commercialize more scientific developments coming out of the city’s military organizations. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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JLABS Takes Stock of its Experiment in Life Sciences Innovation

Xconomy

The idea in 2011 was to create a space at what was then Johnson & Johnson’s pharmaceutical research and development facility in San Diego for an “innovation center,” a place where 18 to 20 life sciences startups could incubate, replete with lab space and equipment. The first JLABS incubator opened here.