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SoCalBio Weekly Update

Thanks to Lead SoCalBio Sponsor
Past Weekly Updates
Featured SoCalBio Member
 
Office of Vice Provost for Research Advancement at USC
 
Led by Dr. Randy Hall (photo above), the Office of Research Advancement at the University of Southern California implements the university's strategic plan by building inter-disciplinary research collaborations that address societal needs and by increasing the impact and prominence of USC research. The office invests in research initiatives, promotes USC research among sponsors and corporate collaborators, and provides services that ensure that USC achieves the highest ethical standards in its research .. Learn more
Join 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

Utilize SoCalBio Resources

 
Looking for IP or bsuiness lawyers?
Recommended Events 
 
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Register Now
 March 10, 2009
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. Learn more
RSVP Now for SoCalBio Events

March 26, 4:00 pm - 7:00 pm

"Working Through the Downturn: Tips for the Bioscience Industry as Obama's Stimulus Package Takes Effect" More info ..... RSVP Now

June 16, 10:00 am - 4:00 pm

  • Workshop on SBIR, STTR and Other Types of Government Funding Opportunities for Life Science Companies (KGI, Claremont)

Attend this SoCalBio Workshop to sharpen your grant-writing skills and learn how to tap various government funding opportunities from the NIH and DoD ...More info ....RSVP Now

Upcoming Executive Luncheons and Roundtable Discussions

For Regenerative Medicine Firms
Date: March 19, 11 to 2
Location: Santa Monica
For Cardiovascular Companies
Date: April 20, 11 to 2
Location: Tustin
Welcome to New SoCalBio Member
Fibron's technology originates from collaboration between Aerospace Corporation and UCLA. Consisting of a large granted patent portfolio, Fibron's IP covers the synthesis and usage of a powerful class of "inherently conducting polymers" (ICPs) in a nano-fiber formulation. Using a synthesis technique called "interfacial synthesis", Fibron is able to manufacture large volumes of conducting nanopolymers based on polyaniline, polythiophene and polypyrrole - all with important industrial applications ranging from cleantech (solar cells) and electro-static discharge (ESD) protection to biosensors and OLEDs ... Learn more.
FDA Leadership

Who Will Be the Next FDA Chief?

Word on the street is that Margaret Hamburg, M.D. (photo right), former New York City Health Commissioner, will be tapped by the White House as the next FDA chief. 
 
Baltimore Health Commissioner Joshua Sharfstein, former health policy advisor to Congressman Henry Waxman (D - CA) will be tapped as the second in command.
M&A Trends 
MannKind to Acquires Pfizer's Insulin Plant in Germany for $33 Million
The deal gives MannKind Corp (Valencia, Calif.) the right to make its own insulin and a bargaining chip when it starts partnership talks for its inhaled-insulin product.
http://www.reuters.com/article/marketsNews/idINBNG42609020090309?rpc=44
 
Who's Next in Medical Technology Consolidation?
Analyst expects local companies such as Endologix, Endocare and Clarient to be subject to M&A in a buyer's market.
 
Biopharma: Instead of M&A, Think P&A
Leerink Swann's analysts see an unprecedented confluence of highly motivated buyers (large- and mid-cap biopharma companies with substantial portfolio gaps but a surplus of cash) and sellers (biotechnology companies holding valuable assets but desperate for cash). "With the quantity and quality of deals poised to rise, there is the potential to create value for shareholders of both buyers and sellers," the analysts write.
http://seekingalpha.com/article/124151-biopharma-instead-of-m-a-think-p-a?source=yahoo
 
Biotech-Pharma M&A Hopes Drying Up
A different view from the article above about bio-pharma M&A deals stating that, though there is a lot of talk about M&A deals, actual execution isn't easy because, even in this bear market, biotech still remains relatively expensive.
Stem Cell Resources
PacifiCord Opens its U.S. Headquarters and Cord Blood Banking Center in Irvine, Calif.
The new PacifiCord facility includes a state-of-the-art laboratory; facilities for analyzing, processing and storing cord blood; a client reception area; and classes with a resident healthcare educator on cord blood banking and other important topics of interest to expectant parents. PacifiCord is a California state-licensed cord blood bank and an FDA-registered establishment for human cell, tissues and tissue-based products.
Pre-Clinical Studies
Studies in Animals Demonstrate Cortex Pharmaceuticals' AMPAKINE Molecules Reverse Memory Loss in Huntington's Disease

The studies were performed in mice harboring the genetic mutation found in humans that is responsible for Huntington's disease. The related results demonstrated that treating mice with CX929, a High Impact AMPAKINE, produced dramatic increases in the brain's chemical processes for creating and storing memories. 
http://www.businesswire.com/news/socalbio/20090306005277/en
 
IP Litigation
Watson Pharmaceuticals and Elan Settle Lawsuit Over Naproxen Sodium
Under the terms of the agreement, Watson (Corona, Calif.) will pay Elan $18 million in full settlement of all disputes related to Watson's development, manufacturing, marketing and sale of its naproxen sodium product for inflammation.
Product Approval 

Endologix of Irvine Announces FDA Approval of the IntuiTrak Express Delivery System

The IntuiTrak Express incorporates novel design, delivery and deployment features and enables delivery of the Powerlink XL stent graft through the IntuiTrak 19Fr introducer sheath during the endovascular repair of abdominal aortic aneurysms (AAA) in patients with aortic necks up to 32mm in diameter.
Supply Agreements
Cereplast of Hawthorne, California Will Supply Bioplastics to Absorbent Specialty Products
 
Cereplast's bioplastic resin will be used by Absorbent Specialty Products for its new "Bio-Bones" Bone Replacement Prosthetics.
Jobs Available

Grant Writer Wanted

The Alfred Mann Foundation  (www.aemf.org) is a nonprofit medical research foundation, dedicated to the research and development of advanced medical technologies that offer hope for significant improvements to the health and quality of life for people suffering from medical disabilities. 

The Alfred Mann Foundation is looking for a Grant Writer who will prepare proposals for submittal to potential funding sources to obtain funds for ongoing or special projects. This person will research and develop resources, write, edit, proofread and deliver proposals to a variety of organizations. The Grant Writer must maintain a recordkeeping system to calendar deadlines and track the submission of proposals and their outcomes.

Requires a bachelor's degree in English, communications, museum sciences or non-profit management. Must have 2-4 years experience writing grants with government granting agencies, an accredited 501(c)3 non-profit, or other tax-exempt foundation. Experience working within the medical device industry is a plus. Must have a proven track record of securing grants.
 
Please submit writing examples and a detailed list of grants awarded, including amounts, with your resume to Pat Jacobs at  pat.jacobs@advancedpersonnelprofiles.com or call 800-780-8696
Cut the Cost of Doing Business
 Utilize Business Wire for News Distribution
 
SoCalBio members are eligible for group purchasing discounts and other benefits on news distribution by Business Wire. SoCalBio member benefits include:
  • 10% discount off Business Wire's standard published rates on news distribution services (either domestic, specialty or international circuits)
  • 10% discount off Business Wire's standard published rates on EDGAR products
  • Complimentary annual membership to Business Wire
  • Distribution to national life science trade publications included at no additional charge with any distribution circuit selected
  • Posting of your company's logo included with your company's news releases at no additional charge
  • Free Business Wire NewsTrak Reach, Posting and Access Reports that provide monitoring and reporting of the visibility, access and usage of your news release

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)