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 September 19 

10th SoCalBio Investor Conference

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SoCalBio Golf Classic
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September 23 - 26
Disneyland Hotel, Anaheim

20% discount for SoCalBio members on conference registration with priority code B8171SOCAL

Featured SoCalBio Member

ALine (Redondo Beach, CA) provides an array of microfluidic devices for applications including spectroscopy, environmental analysis, membrane separations, antibiotic response, cell toxicity, automated cell culture, and multiplexed drug matrix analysis. Click for more info
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Access Past Weekly Updates

  July 7, 2008
Industry Headlines
Los Angeles Billionaire Patrick Soon-Shiong Agreed to Sell His Illinois-Based Generic Drug Business for $3.7 Billion (Los Angeles Business Journal)
 
The buyer is Fresenius SE of Frankfurt, Germany, that makes products for dialysis, hospital and outpatient medical care. It hopes to use APP Pharmaceuticals, which makes injectable drugs for cancer, infections, anesthesia, pain and critical-care, to extend its global reach .. The deal, one of the largest in the healthcare sector this year, eventually could be worth up to $4.6 billion if certain milestones are met. ...
Read Article

Orthopedic Innovations Are Only Gradually Changing the Art of Bone Repair (Orange County Register)
Corporate presentation to the Southern California Biomedical Council on products for fixing deteriorating spines summarized the state of the orthopedic art and highlighted the work of several local innovators ... Read Article
 
Biopharma Analyst Musical Chairs (CNBC)
 
Equity research departments in numerous investment banks are being downsized or eliminated. How will this affect coverage of publicly-traded biopharma and biotech companies, particularly micro cap ones? ... Read Article
 
Cougar Biotechnology: Stalking Prostate Cancer
(Seeking Alpha)
 
The West Los Angeles-based Cougar Biotechnology (CGRB) is a publicly traded company focused on developing novel treatments for cancer. The company is developing CB7630 (Abiraterone Acetate), a small molecule for the treatment of hormone refractory prostate cancer [HRPC], and has completed several clinical trials demonstrating its efficacy ... Read Article
 
Maker of Implantable Lenses Visiogen Eyeing Fix for Reading Glasses Crowd (Orange County Business Journal)
 
Irvine-based Visiogen is going after a potentially huge market: Nearly everyone 45 and older ends up losing the eye's natural ability to focus up close ... Read Article
From the Lab Bench 
USC Study ID's Tumor Suppressor
 
A study published in the July issue of the journal Nature Cell Biology identifies a novel mechanism of the UVRAG tumor suppressor in regulation of autophagy, a mechanism that enables cells to digest or turn over their own contents for maintaining homeostasis (a balanced, stable condition) and responding to various stresses ... Read More
 
UCLA Researchers Clarify Function of Glucose Transport Molecule

UCLA researchers have solved the structure of a class of proteins known as sodium glucose co-transporters (SGLTs), which pump glucose into cells. These transport proteins are used in the treatment of chronic diarrhea through oral rehydration therapy. The solution of the SGLT structure will accelerate the development of new drugs designed to treat patients with diabetes and cancer .... Read More
 

UCSB Reseach Says MicroRNAs Provide New Insight in Study of Autism

Published in the journal Neurogenetics, a study by Kenneth Kosik, co-director of UCSB's Neuroscience Research Institute and the Harriman Professor of Neuroscience identifies the role of MicroRNAs in the development of autism spectrum disorder ... Read More
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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
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SoCalBio membership provides access to significant discounts on lab supplies and equipment from VWR. Click here for more information

"The SoCalBio group purchasing program not only saves our company money but also administrative time; which in the end also saves money... We have seen savings of up to 70% on our compressed gases and an average savings of 45% on laboratory supplies," said Richard Tamaki, Chief Operating Officer, Molecular Express


Editor: Ahmed A. Enany
Southern California Biomedical Council (SoCalBio)
www.socalbio.org