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SoCalBio Weekly Update

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Cut the Cost of Doing Business 

SoCalBio partners with Office Depot to offer member companies up to 75% off the manufacturer's suggested retail price on a "core list" of office supplies along with aggressive pricing on other catalog items and furniture ...  Learn more 

 

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September 16, 2011 
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August  29, 2011




Editor: Ahmed Enany 
President & CEO
Southern California
Biomedical Council

enany@socalbio.org

www.socalbio.org

Welcome, New SoCalBio Member

WilmerHale

 

With 1000 Lawyers in 12 offices across the US, Asia and Europe, WilmerHale offers legal services to public and private companies, start-up enterprises, partnerships, and entrepreneurial ventures in a wide variety of industrial sectors including the bioscience industry .... Learn more 

 

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Mergers & Acquisition

Par Pharma to Acquire the Irvine, CA-Based Anchen Pharmaceuticals for $410 Million in Cash

 

Anchen has 218 employees and is focused on developing extended-release and niche generic products, has five commercialized products, 27 abbreviated new drug applications on file with the U.S. Food & Drug Administration, five of which are believed to be first-to-file, and about 26 additional products in development. It expects to launch eight to 10 niche generic products over the next two years ... Read more

 

 Baxter Acquires Ceremed's Bone Wax Product Line

 

Ceremed, Inc. (Los Angeles) announced that it had entered into a definitive agreement to sell its Ostene brand bone hemostasis product line to Baxter International Inc. The agreement provides Baxter with all rights to the Ostene brand, including manufacturing ... Read more

Wound Healing

The Northridge, CA-Based Avita Medical Receives FDA Approval to Initiate Study of Its ReCell Spray-On-Skin for Cosmetic Indications