Biogen Buys Ionis Spine Disease Drug For $75M, Eyes FDA Filing
AUGUST 1, 2016
Spinal muscular atrophy affects over 25,000 people in the U.S. and stops many of them from ever being able to walk.
Pharma’s Productivity Problem: Finding More Blockbuster Drugs
AUGUST 16, 2016
A recent Wall Street Journal article that raised the possibility of Biogen as the target of another huge pharma buyout cited the lack of productivity as a major driver of M&A in the pharmaceutical industry. The authors made the point that, given the size of companies today, a single garden-variety blockbuster hardly moves the needle.
IBM Watson Health Launches Imaging Effort for Cancer, Other Diseases
JUNE 22, 2016
The first commercial product to come out of the effort is likely to hit in 2017. Today, it’s more about action.
MEI Pharma Partners with Helsinn on Drug with Potential $464M Payoff
AUGUST 8, 2016
months in previously untreated elderly patients who received the drug.
Biotech Roundup: Hellos, Goodbyes, “Cures” Delays And Trial News
JULY 15, 2016
Our San Diego editor Bruce Bigelow penned a personal goodbye to entrepreneur Larry Bock, who died last week of pancreatic cancer at the age of 56. —South San Francisco-based Second Genome hired a new CEO and president. The week started on a reflective note. And perhaps most important, there was the U.S. Or not.
Biotech Roundup: Biogen Rumors, Theranos, Electro-Drugs & More
AUGUST 5, 2016
The Wall Street Journal reported that Cambridge, MA-based Biogen (NASDAQ: BIIB ) has drawn interest from the likes of Merck (NYSE: MRK ) and Allergan (NYSE: AGN ) as a possible takeover target. —Meanwhile, scientists from San Diego-based Synthetic Genomics and the J. Bigelow contributed to this report.
How Will Apple Innovate Beyond the iPhone 7? With Next-Gen Siri
AUGUST 9, 2016
Already on that plateau are products like the commercial jet airliner, which hasn’t changed much since Boeing introduced the 747 in 1970.
Biotech Roundup: CRISPR’s 1st Trial, IPO Insiders, Zika & More
JUNE 24, 2016
—IBM’s Watson Health group said that a commercial product could arrive in 2017 that uses machine learning to digest patient scans, medical records, and other information to help doctors with care decisions. Savara now aims to pull together a funding round to support a future IPO, David Holley reports. Let’s get right to it.
Biotech Roundup: Moonshots, Pink Slips, Gilead, Brexit & More
JULY 1, 2016
At the gathering, Biden took verbal shots at scofflaw cancer researchers and at drug prices, while the FDA said it would take a shot at restructuring the way it evaluates oncology products. But as Xconomy reported, details about the reorganization were scant, leaving open questions whether drug regulation actually needs to move faster.
Balancing Risks and Opportunities: The Board’s Perspective
JUNE 15, 2016
Then there are product risks (can we translate our vision into a successful product?), market risks (do we have customers who are willing to buy our product?), and cash risks (can we generate enough money to self-sustain the business?). It’s also important to set a context for the issues that are reported. asks Bacon.
Websense Rolls Out New Mobile Security Product
FEBRUARY 29, 2012
San Diego-based security software developer Websense reported Wednesday that it has launched a new, mobile security product aimed at mobile devices such as iPads, iPhones, and Android. Pricing on the new product was not announced. READ MORE>>. websense mobile security iphone android
VMIX Rolls Out Video Rental Product For Facebook
MARCH 29, 2011
San Diego-based VMIX , the developer of online video management and hosting services, reported today that it has launched a new product aimed at helping its customers rent videos on the Facebook social networking site. Pricing on the new offering was not announced. READ MORE>>.
CODA Automotive's First Vehicle Rolls Off Production Line
MARCH 13, 2012
CODA has a factory in Benecia, California, about 30 miles from San Franciso, where all of the final assembly of its autos happens. READ MORE>>.
Pernix Therapeutics Slashes Staff to Shake Up Sales Strategy
JULY 7, 2016
As of the end of 2015, Pernix reported a headcount of 274. That deal added Somaxon’s insomnia drug doxepin (Silenor) to the Pernix product mix.
Southern California Venture Investments Top $1.3 Billion In Q4
JANUARY 16, 2015
The report tallied $1.09 billion in investments in Los Angeles, near $125M in Orange County, and $106.6M in investments in San Diego.
VCA Reports Severe Damage In Carlsbad Fire
MAY 16, 2014
Los Angeles-based animal health products company VCA said Thursday that the headquarters of its Sound-Eklin diagnostic imaging division was severely damaged in the fires in Carlsbad, California--part of a rash of fires that broke out in San Diego over the last couple of days. 490618363 / gettyimages.com READ MORE>>.
Report: Southern California Venture Capital Totals $464M In Q3
OCTOBER 14, 2010
Venture capital investments in Southern California in Q3 totaled to $464.18M, according to the latest numbers released by the PricewaterhouseCoopers/NVCA Money Tree Report this evening, based on data from Thomson Reuters. For the quarter, San Diego County garnered the most venture capital, with $231.3M Nationwide, there was $4.8
Independa Gets $1M In Angel Funding
OCTOBER 23, 2012
According to reports , angels were the source of the new funding. The funding was first publicly disclosed in a regulatory filing last week.
Lytx Wins Michigan Trucking Company
MARCH 21, 2016
San Diego-based Lytx , which develops camera-based driver monitoring systems for the fleet transportation market, reports a win this morning with a Michigan based trucking company, Martin Transportation Systems. Lytx said Martin will use its DriveCam products for its 1,3000 drivers. READ MORE>>.
Cogent Road Acquired By Chronos Solutions
DECEMBER 15, 2015
San Diego-based Cogent Road , a developer of software used by mortgage lenders for a wide range of credit report, valuation, and underwriting tools, has been acquired by Texas-based Chronos Solutions. Chronos Solutions said it will use the acquisition to bolster its suite of product for mortgage lenders. READ MORE>>.
Roambi Connects To Oracle
SEPTEMBER 20, 2010
San Diego-based MeLLmo , the developer of the Roambi business application for the iPhone and iPad, said this morning that it has integrated its software with Oracle's Business Intelligence (BI) suite. Roambi allows users to monitor various enterprise products via their mobile device. READ MORE>>.
Sequenom Looks To Sell Off Genetic Analysis Business
SEPTEMBER 24, 2013
San Diego-based life sciences products company Sequenom reported late Monday that it has engaged Jefferies LLC as a financial advisor, to review potential "strategic alternatives" for its Genetic Analysis business segment. Sequenom develops a range of genetic analysis and diagnostic testing products. READ MORE>>.
Novatel Wireless Gets Wifi Hotspot Patent
JULY 9, 2012
San Diego-based Novatel Wireless , the maker of the MiFi mobile hotspot products, reported this morning that it has gained a patent covering that product and its other products. Novatel said it was awarded U.S. Patent No. 8,208,517, covering "Systems and methods for multi-mode wireless modem". READ MORE>>.
Three Factors Which Intoxicate Venture Capitalists - Why Your Startup Will (Probably) Not Raise Venture Capital Funding
AUGUST 29, 2011
End result, the company’s product timeline has been pushed back substantially and the company’s morale is at an all-time low. Do The Math.
Verve Wireless Snags Former comScore Technology Chief
APRIL 10, 2012
San Diego-based Verve Wireless , which develops mobile publishing and advertising tools, reported today that it has hired Chris Nicotra, the former Chief Technology Officer of comScore, as its new Executive Vice President of Product and Technology. Verve said Nicotra has also served at AOL Advertising and Advertising.com.
ID Analytics Enhances Products
MARCH 25, 2009
San Diego-based ID Analytics , a provider of software used for detecting identity fraud and risk, disclosed today that the firm has added a new family of products focused on tapping information not found in typical public records or credit bureaus. The information is used by financial institutions, banks, and others.
Sapphire Energy In Production In New Mexico
AUGUST 27, 2012
San Diego-based Sapphire Energy , the heavily venture backed developers of biofuels technology, reported this morning that it has completed the first phase of its facility in New Mexico, and has begun producing crude oil at the plant. The company said that so far, the facility has harvested 81 tons of biomass at the facility.
Measurabl Gets $2M For Sustainability Software
SEPTEMBER 2, 2014
San Diego-based Measurabl , a provider of sustainability reporting software, disclosed this morning that it has raised $2M in a seed funding from CrossCut Ventures. green cleantech capital venture crosscut software reporting sustainability measurable READ MORE>>.
Illumina Names New President
NOVEMBER 12, 2013
Life sciences equipment manufacturer Illumina said Monday that it has named Francis deSouza as President fo the company, reporting to CEO Jay Flatley.
CareFusion Buys German Firm
JULY 5, 2011
San Diego-based CareFusion , the developer of infusion pumps and other medical products, reported today that it is acquiring Rowa , a German firm focused on robotic medical storage and retrieval systems. The deal was worth approximately $150M. CareFusion said the buy would help it accelerate its global growth.
Avalon Ventures Backs Selectable Media
OCTOBER 18, 2012
San Diego-based venture investor Avalon Ventures has backed a developer of video advertising products, Selectable Media , to the tune of $2M.
Voxox Sees Growth In Wholesale SMS Businesss
MARCH 17, 2015
San Diego-based Voxox , the provider of cloud-based, communications services, reports that it has seen a tripling of its wholesale, SMS delivery within the past year. Voxox offers up an API which allows businesses to add SMS capabilities to their products. Voxox is led by Bryan Hertz. READ MORE>>.
Ten Of The Top Tech Companies For Employees In LA
NOVEMBER 9, 2012
Readers in San Diego, Orange County, Ventura County, and elsewhere, please comment or send us your comments!). Demand Media. OpenX.
Report: V-Vehicle Working On Plastic Cars
APRIL 23, 2010
San Diego-based V-Vehicle the stealthy developer of alternative automobile technology, has reported started to provide more details of its products to state officials in Louisiana. Vehicle has been courting Louisiana officials as part of its bid for federal and state funds to help it start up a factory in that state.
Some Thoughts on Leadership Going into 2016
Both Sides of the Table
JANUARY 1, 2016
In fact, 50% of our investments are in Southern California, from Santa Barbara to San Diego. But putting no time into anchoring your beliefs because you’re too busy executing sales, marketing, support, product & engineering is an easy recipe for leadership drift. 2. They get involved in hard product decisions.
How to Kick Start Your Community’s Startup Scene
Both Sides of the Table
JUNE 8, 2014
Not all of these products & companies came from Silicon Valley but the overwhelming majority did. Why Now? Changes in the Startup Ecosystem.
Websense Reports Strong Demand, Ups Estimates
JANUARY 7, 2010
San Diego-based Websense , a developer of web security products, said Wednesday that it is seeing strong demand for the firm's new Web Security Gateway and appliances, and is also benefiting from currency exchange rates, and upped its guidance range Wednesday. Favorable currency exchange boosted its billings by $4M. READ MORE>>.
SmartDrive Wins LA Metro
JUNE 20, 2016
San Diego-based SmartDrive Systems , which develops video-based, fleet- driver-safety systems, reported today that it has been selected by the Los Angeles County Metropolitan Transportation Authority (L.A. SmartDrive says it has more than 450 employees working on its driver and fleet safety products. READ MORE>>.
Daylight Solutions Snags $15M In Series C
JULY 11, 2011
San Diego-based Daylight Solutions , a developer of laser systems, molecular detection, and imaging systems, reports today that it has snagged $15M in a Series C funding round. Daylight Solutions develops both commercial products as well as defense products, including a infrared countermeasure against missile threats.
ServiceNow Wins CoreSite
DECEMBER 3, 2012
San Diego-based cloud IT automation software provider ServiceNow reported this morning that it has been selected by data center operator CoreSite Realty Corporation. Financial impact of the win was not disclosed. CoreSite operates 14 data centers across nine U.S. markets. READ MORE>>. servicenow coresite automation software