| Thanks to SoCalBio Weekly Update Sponsor |
Join us in June SoCalBio/Image 2000 Golf Classic
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 Benefiting When: June 28, 2010Time: 10:00am - 8:30pm Where: Old Ranch Country Club, Seal Beach, California |
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. |  |
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|  Editor: Ahmed Enany
President & CEO
Southern California
Biomedical Council
(SoCalBio)
enany@socalbio.org
www.socalbio.org | April 26, 2010  |
| Featured News Story | Los Angeles County Board of Supervisors Approve Plans to Build a "Biotech Incubator" on the USC Health Sciences Campus
The Board of Supervisors directed the county's Chief Executive Officer to begin negotiations with Momentum LA (a wholly owned non-profit corporation of Momentum Biosciences,
LLC) to produce a dynamic biotechnology environment within the
LAC-USC Medical Center and USC Health Sciences campus. Momentum LA would create a small business incubator pilot program for start-up biotech firms-and, using a ten-year gratis lease, the program would be housed in the Old General Hospital building's second floor, which totals 113,800 square feet and currently is vacant.... Read more
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| Featured Analysis | 1Q/2010 Bioscience VC, M&A and IPO Overview
The 1Q10 OnBioVC Trend Analysis provides timely coverage and comprehensive analysis of global bioscience private and public capital investment and M&A activity. Key Findings include: - 74 bioscience venture funded financings raised $1.26 billion
- The bioscience public markets continued to thaw welcoming 4 issues
- 18 biopharma M&A transx >$100M accounted for $19.8 billion
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| Coming This Week | Trends in Ophthalmology  Exploring the frontiers of ophthalmic device innovations
Speakers
- Sean
Caffey, MD, CEO, Replenish, Inc. (Pasadena)
- Paul Dougherty, MD, Dougherty Laser Vision (Los Angeles)
- Robert Greenberg, MD, PhD, President & CEO, Second Sight Medical Products (Sylmar)
- Stacy
Pritt, DVM, MS, MBA, CPIA, Director & General Manager,Biological Test Center (Irvine)
- Chris
Sandstedt, Ph.D., Director of Optics Research, Calhoun Vision (Pasadena)
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| From The Lab Bench | UCLA Engineer Invents World's Smallest, Lightest Telemedicine Microscope
 The microscope, unveiled in a paper published online in the journal Lab on a Chip, builds on imaging technology known as LUCAS
(Lensless Ultra-wide-field Cell Monitoring Array platform based on Shadow imaging), which was developed by Aydogan Ozcan, an assistant professor of electrical engineering at the UCLA Henry Samueli School of Engineering and Applied Science and a researcher at UCLA's California NanoSystems Institute.... Read moreElectronic Tactile Vest Aids Movement in Rehab Patients
 Researchers at UCLA's Center for Advanced Surgical and Interventional Technology
(CASIT) are developing a wearable, balancing vest that uses tactile sensors to correct the movement of rehabilitation patients whose sense of balance has fallen to injury or disease. Accelerometers on the shoulders detect body rotation and tilt, while the vest-based control system provides almost instantaneous feedback of incorrect leaning. Pneumatic actuators adjust the inflation of various 2.5cm silicone balloons embedded in the vest, applying specific pressures onto the wearer to correct movement.... Read more |
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| Med Device Tax | $20B Med Device Tax to Stir M&A, Increase Hospital Costs
Some smaller medical device makers are worried about the effects of a $20 billion, 10-year tax on the industry to help pay for recently enacted healthcare reform. Matt Dolan, a senior research analyst with Roth Capital Partners LLC in Newport Beach, recently wrote a report on the bill's potential implications for small device makers. It was based on interviews he did with executives at device makers with an average market value of $300 million... Read more |
| Clinical Trials | ImmunoCellular Therapeutics Enters into Research Agreement with University of Pennsylvania to Support Phase II Clinical Trial of ICT-107
ImmunoCellular Therapeutics announced that it entered into a sponsored research agreement and an option agreement with The University of Pennsylvania to support process development and manufacturing in a planned Phase II clinical trial of ICT-107, the Company's
dendritic-cell based cancer vaccine product candidate for the treatment of glioblastoma multiforme
(GBM).... Read more
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| Studies | MannKind Studies Show Afrezza Safe, Effective
New MannKind Corp. data indicate its experimental insulin inhaler controls blood sugar levels in diabetics without hurting lung function, answering a safety concern.... Read more
Agensys and its Partner, Seattle Genetics, Report Positive Preclinical Data of ASG-5ME
ASG-5ME, an antibody-drug conjugate (ADC), is being co-developed by both companies for the treatment of solid tumors. In models of human prostate and pancreatic cancer, ASG-5ME was found to have potent and long lasting antitumor activity.... Read more
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| Regulatory Compliance | Allergan vs the FDA Regarding Off-Label Uses of Drugs
On April 26 Irvine, Calif.-based drug manufacturer Allergan will seek a court ruling that the FDA may not ban the distribution of truthful information about safe and effective uses of medicines that the agency has already approved for other conditions. It could be years before the case is finally resolved, but an Allergan victory would be a huge boon for millions of American patients who rely on so-called "off-label" uses... Read more
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| Jobs Available | IncuMed (Valencia, Calif.)
IncuMed is a small, high-tech medical device company located in Valencia, CA. The company is seeking to fill the following positions: Principal Systems Development Engineer:Provide technical leadership of hardware and software design. BS in EE or software and minimum of 7 years experience. Specific experience with complex medical devices, project leadership, knowledge of embedded software and low power microelectronic systems. Senior Quality Engineer:Experienced with quality standards for medical devices. Manufacturing and validation process support, design specifications,
CAPA, supplier quality, and auditing. Strong knowledge of FDA and ISO requirements. BS, 6-10 years experience in medical devices, pharma or equivalent. Senior Development Engineer, Mechanical:Senior contributor to product development team. BS in Mechanical, 12 years medical device R&D experience or equivalent. Experience within an FDA regulated environment. Experience with high volume product manufacturing desirable. Principal Manufacturing Engineer:Senior contributor providing technical leadership. Critical input on designs and methods of manufacturing complex medical devices. BS in Mechanical or equivalent, MS preferred. Minimum 7 years experience with complex medical devices. |
| 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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