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Past Weekly Updates

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

December 8, 2009

RSVP Now for Upcoming SoCalBio Events
 
Featuring a keynote presentation on California's competitiveness in a changing global economy by veteran journalist James Flanigan of the New York Times
 
DATE: December 15, 2009  
TIME: 5:00 pm - 8:00 pm
 
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  Networking Forum in Orange County
Featuring presentation and panel discussion on the state of the medical device industry beyond the current economic downturn
 
DATE: January 21, 2010
TIME: 7:00 am - 9:30 am
 
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Workshop on Accessing Government Funding for Research
Experts from the NIH, DoD and other governmental agencies will share tips on accessing SBIR/STTR grants and other types of government funding to support bioscience R&D activities
DATE: January 28, 2010
TIME: 8:00 am - 5:30 pm
SoCalBio at the CSBA Conference

 The SoCalBio team (from left: Enany, Brill and Abraham) at the annual meeting of the Council of State Bioscience Associations (CSBA) from Nov. 30 to Dec. 2 in La Jolla, Calif. The CSBA is a confederation of state-based, non-profit trade organizations each governed by its own board of directors. The common mission of the members of the CSBA is to promote public understanding, and to advocate for public policies that support the responsible development of the bioscience industry. These groups are recognized by the Biotechnology Industry Organization (BIO) as affiliate organizations in their respective states and regions. For more info, see: http://www.bio.org/members/biostateaffiliates.asp 
New SoCalBio Members
 Special thanks to the following companies and organizations that joined SoCalBio in 2009
Analysis

Brand 'Biologics' Retain Edge in Legislative Bills

Health-care overhaul legislation in both the Senate and House would, for the first time, set up an approval process that allows generic-drug firms to develop copycat versions of biologics. But the legislation would prohibit generic-drug companies from competing with sales of brand-name biotechnology medicines for at least 12 years ... Read more
New Funding

ImmunoCellular Therapeutics Receives $10 Million Financing Commitment

The Woodland Hills, Calif.-based, brain cancer vaccine developer entered into an agreement with Socius Life Sciences Capital Group, LLC., under which Socius committed to purchase from time to time up to $10 million of non-convertible Preferred Stock from the Company. Led by Dr. Manish Singh (photo right), ImmunoCellular will use the proceeds from any sales of the Preferred Stock to provide working capital, in addition to funding further clinical activity, including planned future clinical trials for the Company's ICT-109 and ICT-121 cancer vaccine candidates for the treatment of glioblastoma ... Read more
M&As

Valeant Acquires Laboratoire Dr. Renaud in Canada

Valeant Pharmaceuticals International of Aliso Viejo, Calif. announced that its wholly owned subsidiary, Valeant Canada Limited, has agreed to acquire Laboratoire Dr. Renaud, a leading cosmeceutical company located in Laval, Quebec, Canada for approximately C.$23 million.... Read more
Personnel

Xencor (Monrovia, Calif.) Appoints Former ZymoGenetics CEO, Bruce Carter, to Chairman of the Board

"At ZymoGenetics, Bruce (photo right) and his colleagues pioneered the idea that valuable information on novel therapeutic proteins can be found locked within our DNA," said Bassil Dahiyat, Ph.D., chief executive officer of Xencor. "He has an entrepreneurial spirit and demonstrated success in navigating partnerships, which will be invaluable to Xencor as we continue to move our pipeline products forward and evaluate potential partnership opportunities"... Read more
 
HemaCare (Van Nuys, Calif.) Announces Appointment of van der Wal as Vice President of Sales and Marketing
 
Commenting on the appointment, John Doumitt, HemaCare's Chief Executive Officer stated, "We are delighted that Pete van der Wal is joining our executive team. His track record of success at Syncor, where we worked together, should prove enormously beneficial to HemaCare as we seek to capitalize on the many opportunities we see to enhance our sales and profit growth. The establishment of an integrated sales and marketing function, led by Pete, is part of a larger reorganization of HemaCare to trim costs and enable more efficient and scalable operations to drive future growth" ... Read more
Jobs Available
 
The Azusa, Los Angeles County-based personalized medicine startup is seeking to fill the following positions:
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