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AddToAny Bought Back From Lockerz By Founder

socalTECH

AddToAny , the developer of WordPress and Drupal social sharing plug-ins which got its start at UC San Diego, is back as an independent firm, according to the company''s founder, Pat Diven II. Diven said that he has acquired AddToAny back from Lockerz, which had acquired the company back in July of 2011. READ MORE>>.

UCSD 147
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Reneo Pharma Launches with $50M to Target Energy-Depleting Diseases

Xconomy

Yet another new biotech company has been founded in San Diego by serial entrepreneur Mike Grey and other alumni of rare disease startup Lumena Pharmaceuticals. Grey, who was president and CEO of Lumuna from 2011 through its 2014 acquisition by Irish drugmaker Shire (now part of Japan’s Takeda Pharmaceutical.

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Celgene-Seeded PharmAkea Sells Last Fibrotic Drug Candidate to Galecto

Xconomy

When a group of scientists from Amira Pharmaceuticals wanted to start a new biotech after the company’s 2011 acquisition by Bristol-Myers Squibb , Celgene provided seed funding.

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LabCorp Boosts Prenatal Testing Presence with $371M Sequenom Deal

Xconomy

LabCorp will also assume net debt of San Diego-based Sequenom (NASDAQ: SQNM ), bringing the value of the cash deal to approximately $371 million. In 2011, state incentives lured the company to Research Triangle Park, where it built a $19 million lab to bolster its molecular diagnostics business. LabCorp reported $8.5

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Pharma’s Productivity Problem: Finding More Blockbuster Drugs

Xconomy

An obvious place to look for help is the venture community—Bruce Booth of Atlas Ventures pointed out in a recent blog that venture capital is doing well, and is positioned to do even better in the future. Yet despite relative plenty in the bio-venture community, pharma suffers from a shortage of drug candidates.

Product 40
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With Biogen at a Crossroads, CEO Scangos to Step Down

Xconomy

Biogen has been very deliberate in its dealmaking, reluctant to make a big splash with a large acquisition. Scangos wouldn’t rule out deals outside of neurology, but said the “bar gets higher” for an acquisition or partnership when it’s further removed from the company’s core expertise. Reprints | Share:

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Biotech Roundup: Gilead Slump, Celgene Goes Trump, Hemo Data & More

Xconomy

Some observers’ minds instantly jumped to business —Gilead needs to pick up the acquisition pace to find its next big thing. After all, Gilead’s $11 billion purchase of Pharmasset in 2011, roundly jeered as an overpay at the time, brought it sofosbuvir. But our minds jumped to politics. Shares closed Thursday at $9.60

Startup 40