SoCalBio Weekly Update

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Coming in 2011

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Exploring opportunities and challenges of cloud computing in the highly regulated biotech and medical device industries.

Sponsorship Opportunities Available

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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.

Editor: Ahmed Enany
President & CEO
Southern California
Biomedical Council
(SoCalBio)
enany@socalbio.org
www.socalbio.org

July 12, 2010

Click on picture to see a video recap of the SoCalBio/Image 2000 Golf Classic held on June 28 at Old Ranch Country Club

Under the Spot Light

AqueSys (Irvine)
Well-Funded Startup Eyes Glaucoma Niche


Ron Bache CEO AqueSys

Irvine startup AqueSys Inc. has $35 million in fresh venture funding and a former Advanced Medical Optics Inc. executive at the helm as it goes after a potentially big market. The medical device maker is developing a surgical implant for treating glaucoma, an incurable eye disease that damages the optic nerve and often leads to blindness ... Read More

Mark Your Calendar

November 4, 2010
(With a CEO Reception & Dinner on November 3)

J W Marriott of L.A. Live

RSVP Now (Free for SoCalBio Members)

July 23, 8:00 AM to 12:30 PM

SoCalBio Open House
Wilshire Grand Hotel in Downtown Los Angeles
More Information
RSVP Now

Featuring a keynote presentation on the state of the bioscience industry based on the findings of the Ernst & Young's study entitled:

"Beyond Borders: Global Biotechnology Report 2010"

Learn how SoCalBio's Group Purchasing Program can slow your company's burn rate and cut down the cost of doing business; and get detailed insight into how SoCalBio can help your organization succeed.

Recent Headlines

Moving in:

Seattle-Based Lung Device Startup, Uptake Medical Corp., Is Moving HQ to Irvine, California: http://www.ocbj.com/news/2010/jul/11/lung-device-startup-moving-hq-irvine/

Expansion Overseas:

Irvine Scientific Announces the Opening of a Second Industrial Cell Culture Media Manufacturing Facility in Tokyo, Japan: http://www.businesswire.com/news/socalbio/20100712005253/en/Irvine-Scientific-Announces-Opening-Manufacturing-Facility-Tokyo

Grants:

Cedars-Sinai Heart Institute Awarded National Institutes of Health Grant to Help Predict Vulnerability to Sudden Cardiac Arrest: http://www.csmc.edu/About-Us/News/News-Releases-2010/Cedars-Sinai-Heart-Institute-Awarded-National-Institutes-of-Health-Grant-to-Help-Predict-Vulnerability-to-Sudden-Cardiac-Arrest.asp

From the Lab Bench:

UCLA Researchers use nanoparticles to shrink tumors in mice: http://newsroom.ucla.edu/portal/ucla/researchers-use-nanoparticles-161649.aspx
Caltech Researchers Show How Active Immune Tolerance Makes Pregnancy Possible: http://media.caltech.edu/press_releases/13359
Childrens Hospital Los Angeles Physicians Study Beta-Natriuretic Peptide in Pediatric Trauma: http://www.chla.org/site/apps/nlnet/content2.aspx?c=ipINKTOAJsG&b=6089699&ct=8501347&notoc=1

Patenting:

The San Marino, Calif.-Based Epeius Biotechnologies Advances its Intellectual Property Estate with Additional U.S. Patents covering Small, Smart, Stealth Nanoparticles Seek-and-Destroy Metastatic Cancers: http://www.epeiusbiotech.com/small_smart_press.asp

M&A:

Alcon to Acquire LenSx Lasers of Aliso Viejo for $744 million: http://finance.yahoo.com/news/Alcon-to-Acquire-LenSx-Lasers-bw-4201324338.html?x=0&.v=1

Product Approval:

Allergan's Botox approved in the U.K. for use as migraine medicine: http://www.ft.com/cms/s/0/24480d2e-8b82-11df-ab4d-00144feab49a.html?referrer_id=yahoofinance&ft_ref=yahoo1&segid=03058

Philanthropy:

$2.5 million gift from prominent Los Angeles attorney Morgan Chu and his wife, Helen Chu, establishes dean's chair at City of Hope's Irell & Manella Graduate School of Biological Sciences: http://www.cityofhope.org/about/publications/news/Pages/over-2-million-gift-from-prominent-los-angeles-attorney-morgan-chu-and-wife-helen-chu-establishes-chair-at-gradaute-school.aspx

Personnel:

ImmunoCellular Appoints Two New Members to Scientific Advisory Board: http://www.businesswire.com/news/socalbio/20100708005575/en/ImmunoCellular-Appoints-Members-Scientific-Advisory-Board

Jobs Available

ChromoLogic (Pasadena)

Research Scientist, Mechanical
Research Scientist, Biomedical
Research Scientist, Optics

Click here for more info and to apply

LenSx Laser (Aliso Viejo)

Sr Buyer
Sr Engineer
Systems Test Engineer

Click here for more info and to apply

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