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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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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 in a Series A funding. The round was led by Finestere Ventures, Two Oceans, and the Missouri Soybean Merchandising Council (MSMC). 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 new VelosBio cash, a Series A round of financing, was led by Arix Bioscience (LSE: ARIX ) and Sofinnova Ventures.

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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.

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MANTA Instruments Finds Funding For Scientific Instruments

socalTECH

The company is part of the EvoNexus startup incubator, and is led by Rick Cooper. MANTA was founded by UC San Diego researchers Dr. Dariusz Stramski, Dr. Kuba Tatarkiewicz, Dr. Rick Reynolds and Monette Karr. READ MORE>>.

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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.