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Viracta, Neurelis & More: The Latest in San Diego Biotech

Xconomy

Even as all eyes were on the American Society of Hematology (ASH) conference in downtown San Diego this week, other biotech companies were staying busy. Let’s get caught up with the latest life sciences news in San Diego. The San Diego biotech is developing therapies for cancers related to the Epstein-Barr virus.

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Thrive Adds $257M, Plans Pivotal Trial of Early Cancer Detection Test

Xconomy

Thrive Earlier Detection, one of the companies vying to be the first to commercialize a blood test that can uncover cases of cancer before symptoms arise, has raised $257 million and announced plans to evaluate its CancerSEEK test in a registrational study.

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Reneo Readies for Global Test of Drug for Rare Mitochondrial Disease

Xconomy

Reneo Pharmaceuticals has encouraging results from an early trial of a compound it is advancing for rare diseases characterized by impaired mitochondria—our cells’ energy generators—and the company says it is now designing a large global study of its drug candidate.

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San Diego Innovation Economy Extended Gains in 2015: Connect Report

Xconomy

The Connect Innovation Report found that 405 software, technology, and life sciences startups were created last year in San Diego County. Innovation Companies in San Diego (Courtesy Connect Innovation Report).

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Amplyx Adds Cash from Pfizer, Adage as Funding Round Tops $90M

Xconomy

Amplyx Pharmaceuticals has completed enrollment in one mid-stage trial of its lead drug candidate, a new kind of antifungal treatment, and has finished treating the first patients in two more such studies.

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Biolinq Adds $4.75M to Advance Glucose Monitoring Biosensor Patch

Xconomy

million from new investors, including the New York-based Juvenile Diabetes Research Foundation, following the results of a clinical study of its experimental biomarker monitoring device. Founders Jared Tagney and Joshua Windmiller, who met while in grad school at UC San Diego, started the company in 2012 as Electrozyme.

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Klotho Therapeutics Raises $10M to Test Drug in Kidney Disease

Xconomy

Klotho Therapeutics , a virtual biotech developing a kidney disease treatment based on its proprietary engineered version of the human klotho enzyme, said Thursday it has raised $10 million in Series A financing from San Diego’s Thynk Capital. Thynk Capital founder and principal Jim Plante also is Klotho’s founder and CEO.