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Exact Sciences Acquires San Diego Lab Equipment Supplier Biomatrica

Xconomy

Exact Sciences has gone from being a customer of Biomatrica, a San Diego-based vendor of equipment for storing and preserving blood and saliva samples, to now being the company’s owner. Biomatrica manufactures and sells tools for preserving biological samples.

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Genalyte Takes Aim at Lab Testing Giants with Cloud-Based Service

Xconomy

Genalyte, a biomedical diagnostics company that has maintained a low profile in San Diego while raising almost $92 million, is getting ready to debut technology that targets a market long dominated by centralized lab services providers. Read more » Reprints | Share:

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Echo Raises $7.5M to Meet Big Orders for Hybrid Digital Microscope

Xconomy

Echo , a San Diego startup that has developed a digital, all-in-one microscope, says today it has closed on $7.5 million in a Series A round led by San Francisco-based Dolby Family Ventures and Southern California’s Tech Coast Angels. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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This Week in VC with Farb Nivi, Founder of Grockit

Both Sides of the Table

In particular I tried to do most of the “entrepreneur advice on VC” up front so that if you don’t want to watch our views on the deals you don’t have to. Discussion: Had a long chat about PicClick , a company founded by Ryan Sit in San Diego. Tags: Start-up Advice. He’s also candid, humble and helpful.

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Organovo to Test Pre-Clinical Drugs on Bio-Printed Kidney Tissue

Xconomy

It’s been almost two years since Organovo (NYSE: ONVO ) created a new business—using its bio-printing technology to create 3-D samples of living human liver tissue for use in testing the toxicity of pre-clinical drug candidates. The company said it has signed multiple commercial orders for its kidney drug-testing service.

Sample 40
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FDA OKs 23andMe’s Direct-to-Consumer Genetic Tests, With Caution

Xconomy

Consumers who aren’t squeamish about spitting into a tube and sending it to a lab can now have 23andMe test those samples to assess their risk of developing Parkinson’s, Alzheimer’s, and eight other disorders. The FDA says its marketing authorization for 23andMe is the first covering any direct-to-consumer genetic tests.

Sample 59
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Echo Labs Wins “Quick Pitch” Contest with Digital Hybrid Microscope

Xconomy

By popular acclaim, San Diego-based Echo Laboratories founder Eugene Cho claimed top honors, and a $15,000 check, for his two-minute presentation last week in the 10th annual “Quick Pitch” competition, hosted by San Diego’s Tech Coast Angels. Echo Labs’ hybrid microscope. million in nine months. Echo Labs image).