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Thanks to Lead SoCalBio Sponsor
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Featured SoCalBio Member
Innosense LLC
(Torrance)
Led by President & CEO Kisholoy
Goswami, Innosense develops technologies in chemical and biological sensing, materials, nanotechnologies for medical and other applications... Learn more |
Join SoCalBioJoin 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. |  |
Utilize SoCalBio Resources Looking for professional service providers to help you take your venture to the next level? | Use SoCalBio-affiliated companies: |
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| | Wet Lab Space | Available for Lease New State-of-the-Art Wet Lab and Lab Support Space at the House Ear Institute in Los Angeles Several thousand square feet of laboratory and laboratory support space are available for short to medium-term lease at competitive prices. This is ideal for startups and early-stage companies. Attend Open House on March 2 to tour the labs |
| RSVP Now | February 26, 7:00 am - 6:30 pm  Third SoCalBio Human Resources Conference (
Irvine Marriott):
"Leadership, Learning and Talent Management in the New Era of Work"
Who should attend: Founders, CEOs, managers, supervisors, Human Resources professionals who are responsible for employment issues in the workplace, and educators .... More info ..... RSVP NowMarch 2nd, 4:00 pm - 7:00 pm  SoCalBio Networking Forum at the House Ear Institute. Featuring:- Tour of lab space available for lease at House Ear Institute (see "available for lease" announcement above)
- Presentation on the USC Biomedical Research Park
- Presntations on the frontiers of research on combating deafness and other hearing problems More info .... RSVP Now
March 26, 4:00 pm - 7:00 pm Upcoming Executive Luncheons and Roundtable Discussions  For Regenerative Medicine FirmsDate: March 19, 11 to 2 Location: Santa Monica
For Cardiovascular Companies Date: April 20, 11 to 2 Location: Tustin
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| Welcome to New SoCalBio Member | (Culver City) ImaginAb is a biotechnology company incubated at Momentum Biosciences. The company focuses on developing a new class of highly targeted diagnostic imaging agents based on engineered antibody fragments ... Learn more |
| Globalization of Clinical Research | New Study Concludes Most Clinical Trials Are Done Abroad
The U.S. drug industry has shifted most of its clinical trials to overseas sites in a trend that experts warn raises serious ethical concerns. According to a study in the New England Journal of Medicine, 13,521 of 24,206 trial sites being sponsored by the top 20 U.S. drug companies in late 2007 were taking place beyond our borders, where data can be harvested cheaper and faster than the data gathered inside the U.S. And the study adds that the number of countries hosting trials has doubled in 10 years ... Read study |
| Online Resources | Medpedia Now Available  Medpedia, the online project to create an authoritative online encyclopedia of all things medicine, is now available as a public beta. Unlike
Wikipedia, which anyone in the world can freely edit, Medpedia's content is created by physicians and PhD's in their respective biomedical/health fields. The Medpedia Professional Network provides medical and health professionals a free communications and networking system, a place to organize conference attendees and speakers, a professional expertise directory, a recruiting tool for research collaborators, and a clinical referral network. Click here to access site.
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| Breaking News | Medtronic Acquires CoreValve of Irvine in a Bid for Leadership Role in High-Growth Aortic Transcatheter Valves Featured twice in past SoCalBio investor conferences, CoreValve develops percutaneous heart valve replacement Technology. The acquisition agreement calls for Medtronic to pay $700 million plus additional payments contingent upon the achievement of agreed milestones. "The acquisition of CoreValve gives additional momentum to our strategies for growth and will improve the quality of care for more than 300,000 people worldwide with severe aortic
stenosis," said Bill Hawkins, chairman and CEO of Medtronic... Read
press release
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Other Headlines | Advanced Arm Dynamics Develops All-New Silicone Skin Protection for Upper Extremity Amputees The Redondo Beach-based company introduced an all-new synthetic silicone skin protection for upper extremity amputees. The state of the art skin protection provides amputees with a more comfortable fit along with a significant increase (up to 50 percent) in their range of motion. The custom silicone skin protection eliminates the outside sleeve and creates an air tight seal. The all-new skin protection was developed by a team of upper extremity specialists from Advanced Arm Dynamics ... http://www.businesswire.com/news/socalbio/20090218006380/enThe FDA to Rule on Amgen's Bone Drug by October 2009 Cardo Medical Announces New Orthopedic Product The Los Angeles-based Cardo Medical a company engaged in the development of orthopedic medical devices, announces the femur-first versatility in surgical technique with its
Uni-Compartmental Knee System. Uni-compartmental knee arthroplasty procedures are most commonly performed using
tibial-first referencing surgical techniques; however the Cardo Medical
Uni-Compartmental Knee system also provides surgeons with additional intra-operative versatility to easily adapt to femur-first surgical techniques ... http://biz.yahoo.com/iw/090218/0475099.html Endologix Reports 36% Revenue Growth in 2008 The Irvine-based maker of endovascular stent grafts reported record product revenue for the fourth quarter of 2008 of $10.7 million, up 35% from $7.9 million in the fourth quarter of 2007, and up 14% from $9.4 million in the third quarter of 2008. .. iTMP Technology, Inc. Turns the iPhone into a Heart Rate Monitor and Fitness Tracking System The Santa
Barbara-basec iTMP Technology, Inc., a pioneering iPhone hardware and software developer, announces the commercial launch of SMHEART LINK, a new technology to bring health and fitness data capabilities to
Apple(R) iPhone and iPod(R) touch users. For the first time ever, a technology is now available that allows the iPhone to double as a heart monitor and fitness tracking system that actually listens to a person's heart. In addition to the iPhone and iPod touch, SMHEART LINK can be compatible with other
smartphones, PCs or other Wi-Fi enabled devices.... Read
press release
Kythera Biopharmaceuticals Secures Additional $10 Million in Funding The Calabasas-based, privately- held biotechnology company focuses on developing and commercializing novel products in aesthetic dermatology. It announced that its investors elected early to exercise their rights to invest an additional $10 million as part of a $40 million Series C financing. All existing investors participated, including Versant Ventures, ARCH Venture Partners, Prospect Venture Partners, BBT Capital Management/Apothecary Capital,
JAFCO, PFM, and Altitude Life Science Ventures ... http://www.businesswire.com/news/socalbio/20090218005227/en MiCardia of Irvine, California Announces Worlds' First Dynamic Heart Valve Repair on a Beating Heart Watson Pharmaceuticals Profits Up 47% The Corona, Riverside County-based Watson earned $56.4 million, or 50 cents per share in the fourth quarter ended Dec. 31, compared with earnings of $38.4 million, or 34 cents per share, in the year-prior period. Revenues grew 2.9% to $645.2 million ... Read
press release
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| Cut the Cost of Doing Business | Utilize Wells Fargo Insurance services to Cut the Cost of Employee Benefits
SoCalBio membership provides access to Wells Fargo Insurance Services for employee benefits and health insurance. These services are offered through the SoCalBio Group Purchasing Program designed for small and mid-size firms. MannKind and Abraxis Bioscience are among the local companies using Wells Fargo for employee benefits services through the SoCalBio Group Purchasing Program. Why don't you? To get more info, contact Dennis Rainey at
dennis_rainey@wellsfargois.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
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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 |
| Editor: Ahmed A. Enany Southern California Biomedical Council (SoCalBio) |
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SoCalBio Networking Forum in Ventura County
