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Acutus, Maker of Next-Gen Electrophysiology Tech, Adds $100M Series D

Xconomy

Acutus Medical, based in the northern San Diego community of Carlsbad, was founded in 2011. The company’s flagship product, dubbed AcQMap, uses ultrasound to allow physicians to see what is causing a patient’s irregular heartbeat, also known as an arrhythmia.

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Software Startup Classy Adds Ex-Okta, Civitas Execs to C-Suite

Xconomy

Enterprise software startup Classy, which developed a platform through which it says nonprofit organizations have raised nearly $1 billion for their causes, has hired its first-ever chief revenue and chief product officers. The company, based in downtown San Diego, is headed by CEO Scot Chisholm.

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Two Big Pharma Alliances End in Nixed Deals. Here’s What Happened.

Xconomy

In 2011, Pfizer paid $22.5 million up front for the rights to license and develop products containing rivipansel, a compound hoped to address inflammation. The lead therapeutic target for rivipansel was vaso-occlusive crisis, a complication of sickle cell disease in which the abnormally shaped red blood cells obstruct.

Develop 109
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Pharma’s Productivity Problem: Finding More Blockbuster Drugs

Xconomy

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.

Product 40
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Bio Roundup: RIP Roger Tsien, Novartis CAR-T Wheel, Zika News & More

Xconomy

Nobel Prize winner Roger Tsien, a UC San Diego chemist, passed away in Oregon this week. As the San Diego Union Tribune reported in 2013, Tsien (pictured) was also unafraid to shine the spotlight on what he considered suspect scientific approaches, even when espoused by legends like DNA co-discoverer James Watson. .

News 57
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Material Mix Monetizes the Trade of Recyclables

Tech Zulu Event

According to her blog , the Material Mix software features a disruptive technology that commoditizes the trade of reusable materials within the current waste collection industry. Material Mix connects businesses with excess, undervalued reusable byproducts; and those who seek materials for use as an input in their own production process.

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Qualcomm Making Inroads with Wireless EV Charging Technology

Xconomy

The San Diego company sees many reasons why wireless charging will eventually become a robust global market, according to Steve Pazol, a Qualcomm vice president who took over the company’s wireless charging business in 2014. Now everyone I know has an active program, if not production activity.”.