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Pay it Forward: Capital Drives Bio Innovation in San Diego & Beyond

Xconomy

After starting Organovo in 2007, I spent much of the next decade as CEO seeking financing to advance our bioprinting technology. The change has caused me to reflect a bit on the state of finance in biotech and in San Diego biotech particularly. About 40 percent of my financing at.

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JMI Equity Names New General Partners

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San Diego- and Baltimore-based private equity investor JMI Equity announced this morning that it has promoted Suken Vakil and Randy Guttman to General Partner. Vakil is based in San Diego, and Guttman is based in Baltimore. He also has served at Hellman & Friedman and Morgan Stanley. READ MORE>>.

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Epic Sciences Names Chief Medical Officer

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San Diego-based Epic Sciences , which is developing personalized medicine products for treating and managing cancer, said this morning that it has named Richard J. Wenstrup previously was Chief Medical Officer for Myriad Genetics, serving at that firm from 2006 to 2007. Wenstrup, M.D., as its new Chief Medical Officer.

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HireAHelper Acquired By Porch

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San Diego-based HireAHelper.com , which operates a marketplace which lets people find and compare moving services providers, has been acquired by Seattle-based home repair and improvement marketplace Porch. Financial details of the acquisition were not announced.

San Diego 113
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Organovo Halts Liver Tissue R&D, Plans Restructuring to Cut Costs

Xconomy

The San Diego-based biotech has been working since 2007 to use a method known as bio-printing to come up with such a product, which Organovo (NASDAQ: ONVO ) was developing for patients with end-stage liver disease and a group of rare diseases that also necessitate organ transplantation.

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Venture Group’s Krenn Sees Improving VC Deals for SD Tech Startups

Xconomy

Call him an optimist if you must, but San Diego Venture Group president Mike Krenn says venture financings for San Diego’s early stage tech startups are on a tear. “I I haven’t seen it this good since 2007,” he says. A breakout of regional deal flow so far this year indicates that venture activity in San Diego.

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Amazon's New AutoRip Converts CDs To MP3, Echoes AnywhereCD

socalTECH

The service is suprisingly close to AnywhereCD , the now defunct San Diego startup started by MP3.com com pioneer Michael Robertson, which had offered pretty much the identical functionality back in 2007.

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