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SoCalBio Weekly Update

SoCalBio Resources

Looking for an IP or business transaction lawyer?
Use SoCalBio-affiliated law firms. Click here to see directory. 
Coming in 2009

  SoCalBio Workshop on Government Funding

January 29, 2009
UCLA Faculty Center 
RSVP Now
Sponsor

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3rd SoCalBio Human Resources Conference
Talent Development and Retention in Challenging Times 
 
February 26, 2009
Irvine Marriott
RSVP Now

Featured SoCalBio Member

Western Systems Research 

Western Systems Research is a Pasadena, California-based firm that designs, develops and markets neuro-medical devices specializing in the vestibular apparatus of the inner ear. Learn more

Become a Member

 
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

Past Weekly Updates

  November 5, 2008
RSVP Now
 SoCalBio Networking Forum
 

 November 20, 2008
4:00 pm - 7:00 pm
UCLA Faculty Club

Event Focus
Can Medtech and Biotech Weather the Current Economic Turmoil?

Keynote Speaker
John L. Babitt, Transaction Advisory Services, 
Ernst & Young LLP

Mr. Babitt co-authored a new study arguing that, notwithstanding the worldwide credit slowdown that has stalled public-equity financing, the medtech industry's fundamentals are strong and key drivers, such as the aging populations, the spread of chronic conditions and an expected surge in demand for companion diagnostics for use with new generations of targeted therapeutics, will fuel industry's growth in the coming years. Join us to participate in a discussion about the future of the medtech industry as a job growth driver throughout the U.S., in general, and in the Greater Los Angeles region, in particular.

Welcome to New SoCalBio Member

Integrated Endoscopy is a Rancho Santa Margarita, Calif.-based medical device company that develops state of the art rigid endoscopes for general, orthopedics and gynecological surgery ... Learn more

Market Trends
  • Health Care and Defense Sectors Will Weather Recession, But Analysts Say Future Is Hazy
The health care sector should hold up especially well even in a recession, along with defense and a few other industries. Still, analysts say a unique collision of economic and political challenges means many businesses might not be as well-insulated as they were in past recessions.... Read more
  • Biotechs Brew Up Strong Profits, Sales In Weak Economy

Many analysts figure biotech will hold up better than pharma over the long term. They cite the fact that the top biotech stocks have stronger growth models and better fundamentals ... Read more

  • VC Confidence Hits All-Time Low, Biotech and Medtech Remain Good Bets for Some
A recurring measure of confidence among West Coast venture capitalists has confirmed what every market watcher already knows: market conditions look pretty bleak in every direction. But reading between the lines, VC sentiment might not be quite so negative for start-up firms in life sciences industries ... Read more
  • Biotech Reels from One of the Worst Months on Record for the Capital Markets
The month of October 2008 will be remembered for a very long time by biotech CEOs. Not only for the wild swings in the Dow - the industry has experienced these market meltdowns in the past and lived to tell the tale - but also for how it has and will continue to affect for the foreseeable future the flow of much needed capital into the sector ... Read Burrill & Company's take on the current economic turmoil
  • Could the Democrat Control Hurt Health-care Profits?

Some analysts argue that , with Barack Obama's election to the White House and Democrats expanding their majorities in Congress, the nation's health care companies face the biggest threat to their profits in over a decade. Others don't expect another contentious fight anytime soon. They say the economic meltdown and $700 billion bailout will limit lawmakers' chances for major health care reform ... Read more

Local Company Headlines
Bioscience Industry GIS Profiles
Browse the SoCalBio Directory of Bioscience Firms in Greater Los Angeles and Neighboring Communities
 
Jobs Available
  • Southern California Biomedical Council
    • SoCalBio is looking to fill the position of Director of Corporate Development ... Learn more
  •  Alfred Mann Foundation www.aemf.org (Valencia):
    • Sr. Electrical Engineer - Regular, Full-Time
    • Regulatory Affairs Manager - Regular, Full-Time
    • Human Factors Engineer - Regular, Full-Time
  • NeuroSystec www.neurosystec. com (Valencia):
    • Director of Engineering- Regular, Full-Time
    • Manager, Analytical Development - Regular, Full-Time
  • Bioness www.bioness.com ( Valencia):
    • Inside Sales - Customer Service - Regular, Full-Time (3 openings)
    • R&D Product Test Engineer - Regular, Full-Time
    • Mechanical Engineer  - Regular, Full-Time
    • Regulatory Affairs Specialist - Regular, Full-Time
    • Clinical Specialists - Regular, Full-Time or Per Diem
    • Customer Service Manager - Regular, Full-Time
    • Document Control Supervisor - Regular, Full-Time
  • Second Sight www.2-sight.com (Sylmar) :
    • Sr. Software Engineer - Regular, Full-Time

Click here for details and how to apply for jobs at AMF, NeuroSystec, Bioness and Second Sight 

Do you know?
 
SoCalBio membership provides access to ABD Insurance Services, a Wells Fargo company offering employee benefits and health insurance through the SoCalBio Group Purchasing Program designed for small and mid-size firms:
 
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

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)