SoCalBio Mast

SoCalBio Weekly Update

Featured SoCalBio Member

Keck Craig is a Pasadena-Calif.-based firm providing product engineering, machine development & industrial design services that utilize ergonomics, appearance, safety, performance & production considerations for medical, industrial & consumer applications.  Learn more

SoCalBio Resources
 

Looking for professionals offering regulatory, QC, pre-clinical and clinical services?
Use SoCalBio-affiliated firms. Click here to see listing

Coming in 2009

SoCalBio Workshop on Government (SBIR/STTR) 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
Sponsor

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 
Click for more info
 

 
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)
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 19, 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.
Device Talk
  • The Device Industry Flourishes in America's Heartland and Out West

MPMN takes a look at the medtech industry's presence in hotbeds such as Minnesota and California (see SoCalBio directory of bioscience firms in the six counties of greater Los Angeles), as well in several up-and-coming hubs located in Missouri, Michigan, Ohio, and South Dakota ... Read article

  • Southern California's Inland Empire Presents a Sea of Opportunities for the Medical device Industry

In the Inland Empire, medical device manufacturers can gain easy access to a multitude of suppliers and service providers. The region (see SoCalBio directory of bioscience firms in the Inland Empire) lends itself to facility expansion, inspires exploration, and encourages industry growth ... Read more

  •  Personalizing Orthopedic Implants

The U.S. market for reconstructive joint replacements and spinal hardware is valued at $17.3 billion. As it grows, the market seems to be getting more personal, with an increase in the use of patient-specific implants. New technology is enabling quick, cost-effective creation of exactly the right hip, knee, shoulder, or spinal section for an individual patient in a matter of weeks, not months .... Read more

The Biosciences and the Capital Freeze
  • In Capital Freeze, Some Life-Sci Startups Look for Warmth from SBIR, STTR Grants
The ongoing financial meltdown is drying up traditional sources of financing for early-stage life-science companies, leading them to pursue alternatives, such as SBIR and STTR grants (see upcoming SoCalBio workshop), they may not ave otherwise considered ... Read article
  • Biotechs Claw for Their Lifeblood - Financing
Although the biotech field in general is a sheltered habitat compared with the harsh business landscape in other sectors, many smaller biotech companies are struggling to survive. Infusions of cash, the essential nourishment that allows fledgling biotechs to grow for years until they finally market a product, have been cut off as banks, hedge funds and other sources mete out their investments to lower-risk businesses ...Read more
  • Biotech ETFs a Rare Safe Haven

Biotech companies have been seen as a safe haven in tough economic times, with stable earnings that are not dependent upon other economic factors. The companies are proving to be far removed from the broader market and the turmoil on Wall Street ... Read more

The Biotech Effect 
  • More Cancer Drugs Coming to Market
In a study of 974 cancer drugs, the Cancer Research UK found that, if current trends continue, about 18 percent of those would make it through clinical development to become standard treatments; that's up from previous estimates of 5 percent. Not only are more drugs making it to market, but these modern drugs have fewer side effects than the traditional cancer drugs ... Read more
Big Pharma Continues to Shed off Jobs
  • Top 5 Layoffs of 2008
Companies like Pfizer, AstraZeneca and Bayer posted the biggest layoff numbers in 2007. In 2008 patent expirations, drug safety problems and a general need to become leaner and meaner put Merck, Schering-Plough, Wyeth, UCB and Abbott at the top of this list ... Click here to see the numbers
Government
  • Democratic Lawmakers Call for Spiking NIH Funding in Economic Stimulus Bill

Senate Majority Leader Harry Reid (D-Nev.) introduced an economic stimulus bill that includes an additional $1 billion in funding for the National Institutes of Health for fiscal 2008... Read more

  • Allegations of Corruption Could Leave FDA in Turmoil 
Top managers with the U.S. Food and Drug Administration ``corrupted and interfered with'' scientific reviews of medical devices, agency scientists said in a letter that is sparking a congressional investigation ... Read more
Local Company Headlines
Jobs Available
  • NeuroSystec (www.neurosystec.com)  Valencia, CA
    • Director of Engineering- Regular, Full-Time
    • Manager, Analytical Development - Regular, Full-Time
  • Bioness (www.bioness.com)  Valencia, CA
    • Inside Sales - Customer Service - Regular, Full-Time (3 openings)
    • Customer Service Manager - Regular, Full-Time
    • Business Development Representative  -  Regular, Full-Time 
    • Clinical Specialists- Regular, Full-Time
    • Numerous positions across the United States and Canada for Physical or Occupational Therapists
    • Physical or Occupational Therapist for Valencia, CA headquarters
  • Second Sight (www.2-sight.com)  Sylmar, CA
    • Sr. Software Engineer - Regular, Full-Time
  • DermaPort (www.dermaport.com)  Valencia, CA
    • Principal Design Engineer - Regular, Full-Time
  • Implanted Acoustics (www.implantedacoustics.com)  Valencia, CA
    • Principal Mechanical Design Engineer - Regular, Full-Time

Click here to see details and submit resume

Do you know?

 

SoCalBio membership provides access to significant discounts on purchases of industrial and medical grdae-gas from Linde through the SoCalBio Group Purchasing Program designed for small and mid-size firms. Through the partnership with Linde, which is among the world's largest industrial gases organizations, SoCalBio members  are offered the following benefits:

  • Competitive, preferred, negotiated pricing on Linde's complete suite of gas products and gas application and related equipment, products, and services
  • Annual cash rebate, based on the aggregate purchase volume of all participating member companies
  • 10% discount off standard rental for bulk storage tanks
  • Service provided by Linde's distributors as assigned by Linde to each market
  • Additional rebate available for referrals
For more information, 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)