SoCalBio Mast
SoCalBio Weekly Update

Featured SoCalBio Member

 Symbion Research 
International, Inc.

Founded in 1995 by Dr. Peggy Pence (photo above), this Newburry Park, Calif-based firm is a full-service contract research organization (CRO), offering a complete spectrum of strategic and product development, clinical research, and regulatory services to U.S. and international clients. ....Learn more

Become a Member of SoCalBio

 
Join well-known entrepreneur Alfred Mann and other SoCalBio leaders to promote the biotech and device industries in the Greater Los Angeles Metro Area for job creation and overall economic growth.

Become a Member

SoCalBio Finance Resources

 

Looking for seed or venture capital? Seeking an M&A or a private placement? 
Use SoCalBio-affiliated VCs, angele or investment bankers. Click here to see listing. Click here to see listing

Coming in 2009

 
  
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Talent Development and Retention in Challenging Times 
 
February 26, 2009
Irvine Marriott

Recommended Event


January 16-17, 2009
Marriott Los Angeles Airport
 
Increase your visibility to prospective employees (44% of the life science graduates in California come from the CSU!). CSUPERB is actively recruiting industry mentors for the Career Networking Session. Sponsorships are still available. Please contact Susan Baxter (sbaxter@mail.sdsu.edu) to find out how you can get involved... Click here to register online  
Vivarium Amenities Available 
A Santa Clarita-based biotech company has a state -of-the-art Vivarium that is not fully utilized. If you would like to access this facility to conduct research at reasonable rates, please contact SoCalBio at 213-236-4890 for more information."

Executive Global Business Series: Doing Business In China

Jan 26-28, 2009

Rady Center for Executive Development, UC San Diego
San Diego, CA

 
 
In partnership with the School of International Relations and Pacific Studies, learn strategies for sourcing, designing and marketing products, and investing in China.
 
Experience a full traditional Chinese dinner including etiquette and protocol. This course will teach you everything you need to know about doing business in China.
 
Regular Program Fee: $2,150. Early Bird Discount $1,950* (discount ends Dec 31)

Past Weekly Updates

 December 22, 2008
Coming in 2009
  • January 22, SoCalBio Networking Forum in Orange County (UCI University Club):

"Getting the Best Valuation in the Current Financial Environment" ... More Info ... RSVP

  • January 29, SoCalBio Workshop on Accessing SBIR/STTR Funding for Research (UCLA Faculty Center):

"Attend this workshop to sharpen your grant-writing skills and learn how to tap various government funding opportunities from such sources as the NIH, NSF, DoD and Energy Department, to support your R&D efforts" ... More Info ..... RSVP

  • February 26, SoCalBio HR Conference (Irvine Marriott)

"Talent Management in a Down Economy" ... More Info ..... RSVP

California Stem Cell Grants
  • Gamma Medica-Ideas Is One of Six California Companies Receiving CIRM'S First Grants to the Biotech Industry

The Northridge-based Gamma Medica -- a developer of pre-clinical and clinical imaging systems -- received a grant from the California Institute of Regenerative Medicine (CIRM) to create a novel SPECT microscopy system for 3D imaging of single stem cells in vivo. The following list includes all California companies awarded CIRM grants on December 10:

CompanyResearch
Grants
$Amount

VistaGen Therapeutics

1

$971,558

Gamma Medica-Ideas

1

$949,748

Vala Sciences

1

$906,629

Novocell

2

$876,022

Invitrogen Corporation

1

$869,262

Fluidigm Corporation

1

$749,520

Distinction 
  • J. Michael Pearson of Valeant Pharmaceuticals Makes the Wall Street Journal's List of Top 2008 CEOs
Valeant's shares are up roughly 70 percent since Mr. Pearson arrived about a year ago He is one of the CEOs who "stuck to their knitting and made their existing stuff better and it's paid off" ... Read more
 Meet New Biomed Company
  • MEDomics (Azusa):

Founded Dr. Stevens Sommer  (photo right) of the City of Hope (Duarte) to provide Mutation Expert-based Diagnosis to support physician in delivering personalized medicine based on the patient genome. Dr. Sommer moved to City of Hope in 1996, were he became Chair of the research Department of Molecular Genetics and the clinical Department of Molecular Diagnosis. From 1997 to 2006, Dr. Sommer led the Clinical Molecular Diagnostic Laboratory (CMDL), which became one of the largest academic DNA diagnostic reference laboratories in the U.S.... Learn more

  • TomoSoft Technologies (Beverly Hills):

Founded by John Miao, Ph.D. (photo right), associate professor in the Department of Physics and Astronomy at UCLA, TomoSoft is backed by MedTech Catalyst, an East Coast venture capital company. TomoSoft seeks to develop new techniques that dramatically cut the radiation that CAT scans produce.

  • ImmunGene (Thousand Oaks):

Founded by Sanjay Khare, Ph.D., (Formerly with Amgen), Immungene's technology is based on the basis of the belief that modulation of the immune system can be of profound benefit to patients suffering from proliferative or autoimmune diseases, and that such modulation can be achieved with minimal adverse effects provided it is spatially and temporally constrained. The company's approach is to design and make antibodies fused to positive and negative immune modulators, in which the effector function of the antibody itself is either conserved or down regulated depending on the nature of the disease indication being targeted by the therapeutic candidate. Learn more

Venture Capital
  • VCs Are More Optimistic About the Prospects of the Life Sciences in 2009

Survey of venture capitalists by the National Venture Capital Association predicts that clean technology and the life-science sector may experience relative stability and growth in 2009 .... See survey results

Healthcare Reform
  • Obama's Healthcare Calculations. Is the Time Finally Right for National Reform?
Dangerously crowded emergency rooms. High and rising costs. Eroding standards of care. Disjointed health care that buries patients and doctors in paperwork. Declining employer-sponsored insurance coverage. The U.S. health-care system's vital signs are crashing. President-elect Barack Obama acknowledged as much in a recent press conference as he announced his pick to lead the Department of Health and Human Services...Read more
  • The Coming Bubble in U.S. Generics
No one can deny the significant positive catalysts ahead for the U.S. generic drug industry during Barack Obama's first term. The president-elect favors: significant increases in insurance coverage increased generic drug utilization in the name of cost containment greater Food and Drug Administration resources to speed along generic drug applications a new legislative pathway for generic biologics other pro-generic industry reforms, such as the reduction of authorized generics and state carve-outs ... Read more
Personalized Medicine
  • US FDA Panel: Gene Markers May Require Large Trials
An advisory FDA panel debated gene test standards to be applied in recommending cancer drugs. Panelists said companies must have a well-organized plan to review their data. They will also need enough patients and tissue samples to analyze genetic issues... Read more 
 Company Headline
Jobs Available
Cut Cost of Doing Business

SoCalBio membership helps your company cut the cost of doing business in these tough economic times. For example, SoCalBio membership provides exclusive access to ABD Insurance Services, a Wells Fargo company offering employee benefits and health insurance through the SoCalBio Group Purchasing Program:
http://www.socalbio.org/ membership/Group_Purchasing/ abd.pdf

MannKind and Abraxis Bioscience are among the local companies using ABD employee benefits services through the SoCalBio Group Purchasing Program. Why don't you?
 
To get more info, contact Dennis Rainey at dnr@abdi.com  or call 310) 543-9995.

For more information about the SoCalBio Group Purchasing Program, call 213-236-4890 or send e-mail to scbc@socalbio.org

About SoCalBio
SoCalBio membership links you to partners, contract manufacturers, regulatory and legal experts, and policy makers. The organization's programs help emerging biotech and medical device companies grow. Membership is affordable -- as low as $500 -- and offers access to networking opportunities, advocacy, discounts through our group purchasing program group purchasing program and other benefits you simply can't find elsewhere ... Join SoCalBio
Editor: Ahmed A. Enany
Southern California Biomedical Council (SoCalBio)