{"id":241378,"date":"2010-01-28T09:51:32","date_gmt":"2010-01-28T14:51:32","guid":{"rendered":"http:\/\/www.xconomy.com\/?p=60513"},"modified":"2010-01-28T09:51:32","modified_gmt":"2010-01-28T14:51:32","slug":"a-contract-services-cluster-emerges-the-burnham-gets-a-big-donation-somaxon-resubmits-sleep-drug-application-more-san-diego-life-sciences-news","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/241378","title":{"rendered":"A Contract Services Cluster Emerges, the Burnham Gets a Big Donation, Somaxon Resubmits Sleep Drug Application, & More San Diego Life Sciences News"},"content":{"rendered":"\n
Roundup<\/a>, Life Sciences<\/a>, Drug Development<\/a><\/div>\n

\t\tDenise Gellene wrote:<\/strong><\/p>\n

San Diego’s life sciences sector had a busy week. Allow me to recap it for you.<\/p>\n

—Working with Assay Depot<\/strong>, a San Diego-based online marketplace for CRO services, Bruce found 144 companies in San Diego that provide contract services to life sciences companies<\/a>, providing a glimpse of what appears to be a thriving new sector. CRO stands for contract research organization.<\/p>\n

—Zogenix<\/strong>, a specialty pharmaceutical company that raised $71 million last year, led Xconomy San Diego’s 2009 list of top venture financing deals<\/a>. Total venture investment in San Diego startups during the fourth quarter increased over the same period in 2008<\/a>, when the economy was in deep recession.<\/p>\n

—The San Diego-based nonprofit formerly known as the Burnham Institute for Medical Research is now the Sanford-Burnham Medical Research Institute<\/strong>, thanks to a $50 million donation pledged by philanthropist T. Denny Sanford<\/a>.<\/p>\n

—I had an interesting chat with Kurt Gustafson, CFO of San Diego-based Halozyme Therapeutics<\/strong> (NASDAQ: HALO<\/a>), which is developing a portfolio of products around its recombinant enzyme hyaluronidase<\/a>. Separately, Roche announced plans to manufacture a device that would deliver a cancer drug reformulated with Halozyme’s enzyme<\/a>.<\/p>\n

—San Diego Xconomist Duane Roth<\/strong> proposes some ideas to address the funding challenge<\/a> facing the innovation economy.<\/p>\n

—Elevation Pharmaceuticals<\/strong>, a San Diego-based biotech co-founded by serial entrepreneur Cam Garner, raised a tranched $30 million <\/a>in Series A venture funding.<\/p>\n

—Helixis<\/strong> CEO Alex Dickinson told Luke the Carlsbad, CA-based startup plans to market its desktop PCR machines over the Internet<\/a>. The first orders will ship in April. The technology was spun out of the Caltech laboratories of Nobel laureate David Baltimore and Axel Scherer.<\/p>\n

—San Diego-based <\/strong>Somaxon<\/strong> submitted a revised application for its experimental sleeping pill doxepin <\/a>(Silenor) to the FDA and expects a decision by March 21.<\/p>\n

—Amylin Pharmaceuticals<\/strong> (NASDAQ: AMLN<\/a>) CEO Dan Bradbury told Luke the company is ready and able to launch once-weekly exenatide<\/a>. An FDA decision on Amylin and Eli Lilly’s application to market the drug is due March 5.<\/p>\n

—Prometheus Laboratories<\/strong>, a San Diego-based specialty pharmaceutical and diagnostics company will sell Novartis’ aldesleukin (Proleukin) in the United States<\/a>. Prometheus is in registration for a $100 million IPO, according to PE Hub.<\/p>\n

—Matt Emmens, CEO Cambridge, MA-based Vertex Pharmaceuticals<\/strong> (NASDAQ: VRTX<\/a>), talked with Luke about his path to the top<\/a>. The biotechnology company employs 175 in San Diego.<\/p>\n

Comments<\/a> | Reprints<\/a> | Share:  
\n\"Retweet\"\/<\/a>
\n \"Facebook\"\/<\/a>
\n \"Email\"\/<\/a>
\n \"Share\"\/<\/a>\n<\/div>\n

\t \t\t

\n

\n\"\"<\/a>
\n\"\"<\/p>\n

<\/img><\/a>
\n<\/img><\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Roundup, Life Sciences, Drug Development Denise Gellene wrote: San Diego’s life sciences sector had a busy week. Allow me to recap it for you. —Working with Assay Depot, a San Diego-based online marketplace for CRO services, Bruce found 144 companies in San Diego that provide contract services to life sciences companies, providing a glimpse of […]<\/p>\n","protected":false},"author":2918,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-241378","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/241378","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/2918"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=241378"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/241378\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=241378"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=241378"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=241378"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}