San Diego County Ranks No. 3 in State with Life-Sciences Jobs

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According to the California Life Sciences Association, employment in San Diego County’s life sciences industry has surpassed Orange County for the first time, ranking the region as No. 3 in the state. Additionally, the county’s life science job growth rate exceeded the statewide average significantly. Read More

Quidel to Acquire Assets of Alere for $440 Million

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Quidel Corp, California-based leading diagnostic healthcare manufacturer, plans to purchase $440 million worth of assets from the East Coast diagnostic company, Alere Inc. The contract specifies that Quidel would obtain Alere’s “Triage B-type naturistic peptide assay business, and its Triage MeterPro cardiovascular and technology assets for $400 million plus $40 million in contingent consideration.” This […]

An Update on San Diego’s Life Science Sector

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San Diego Life Sciences startups have access to a form of financial aid that many other regions do not, and that is the large pool of angle investors and Venture Capital firms that occupy the area. However, recent concern has risen regarding the proposal to cut $1.2 billion from the medical-research agency, says Ted Jacobs, […]

Ionis Purchases 2855 Gazelle from BMR

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Ionis Pharmaceuticals (formerly Isis Pharmaceuticals) has purchased their 176,000 square foot headquarters they were leasing from BioMed Realty (BMR) for $79.4 million. Ionis had multiple options per their lease to purchase their campus. The Gazelle property, located in Carlsbad, is currently Ionis’ primary R&D facility.  Read More    

HCP Buys Scripps Wateridge

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Health Care Properties (HCP), a Health Care REIT, purchased two buildings for $26,100,000. 6965 Lusk Blvd – 74,732 SF is currently leased to Qualcomm and if they vacate HCP plans to build lab/office space. HCP already has plans to convert 6925 Lusk Blvd – 49,732 SF into a “flex” R&D building with office and lab […]

The JLABS Story

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Melinda Richter had one mission, to figure out how to get the life sciences industry running like the start-ups in the tech industry. In January 2012, after a few years of work, Richter joined with Johnson & Johnson to open the first JLABS location right here in San Diego. Since, JLABS has seen companies like […]

Top 12 Hot Biopharma Regions for Growth and Expansion

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Globally, the biotech industry is growing and expanding at a rapid pace.  In honor of Biospace’s 30th anniversary, they highlighted 12 major biotech regions.  These regions had the greatest growth and potential based on research and development dollars, job opportunities, quality of workforce, funding and a few other factors.  Besides the 3 major regions, Boston, […]

California Remains a National Force in Life Sciences

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In California, the life science sector remains a potent economic force, especially in San Diego County and the San Francisco Bay area.  Life sciences include areas mainly concerned with health care, like biotechnology and medical devices.  Not only are employment statistics growing throughout the sector, but funding and the governement approval rate has significantly increased. […]

Alexandria Buys Torrey Pines Life Science Campus

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Alexandria Real Estate Equities (ARE) is an urban office REIT uniquely focused on world-class collaborative science and technology campuses.  Alexandria has recently purchases the three-building Torrey Ridge Science Center office and lab campus in San Diego for $182.5 million.  The campus totals 291,799 square feet, located at 10578, 10614 and 10628 Science Center Drive.  With […]

Catalent to Acquire Pharmatek

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Catalent, the world’s number one drug development, delivery and supply partner for drugs, biologics and consumer health products has announced its plans to acquire San Diego based Pharmatek Laboratories.  This planned acquisition will add discovery-to-clinic development capabilities, expand its capability for handling highly potent compounds and add spray drying to its technologies. The acquisition to […]

Kilroy Divests Assests, Land to HCP for $49 Million

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An affiliate of the Irvine, CA-based HCP has brought a life science campus portfolio from Kilroy Corp for $49 million.  The deal included two industrial properties totaling nearly 135,000 square feet, as well as a 7 acre land parcel.  The acquired properties span nearly 18.6 acres, and are made of up two research and development […]

LabCorp to Acquire Sequenom for $371 million

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LabCorp, a healthcare diagnostics company, has acquired Sequenom for $371 million.  Sequenom’s market-leading NIPT Testing will help advance LabCorps strategy to deliver premier diagnostics solutions.  LabCorps CEO, David King, recently stated, “This is exactly the kind of strategic acquisition that LabCorp seeks: Sequenom was the first laboratory to offer a clinically validated NIPT test and […]

Ventas Acquires Wexford Properties

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Ventas Inc. has agreed to acquire nearly all of the life science and medical properties of Wexford Science and Technology LLC., for nearly $1.5 billion. As part of the deal, Ventas has arranged to give Wexford exclusive rights to jointly develop their future projects. The Blackstone Group LP, acquired Wexford parent Biomed Reality Trust, another […]

BioLabs San Diego – Accepting Applications

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BioLabs San Diego, represented by Cushman & Wakefield, is a prestige co-working space for early stage life sciences start-ups.  They are currently accepting applications for flexible lab and office space that will me ready for occupancy in Fall 2016.  The space will be located at 10210 Campus Point Drive, San Diego, CA, known as “Genesis” […]

Big Biotech’s Missing Formula

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In the past 5 years, the Nasdaq Biotechnology Index has outperformed the S&P 500 by nearly 100%, due to innovative health care products such as revolutionary oral cures for Hepatitis C, and new treatments for certain forms of cancer.  But, since mid-February the index is down 20% as a consequence of lacking blockbuster drugs.  This […]

Biotech’s Big Slowdown

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The biotech industry’s recent misfortunes have made valuations more reasonable making a way for improved performance.  Recent reports show that biotech firms – firms that develop drugs from living cells versus chemicals – tend to grow at a faster rate than big pharma – but their pace has been slowing down. In recent news, several […]

Biomed Leases Full i3 Campus to Illumina

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Biomed Realty has fully leased their 316,000 square foot spec campus branded as “i3″ to Illumina.  In San Diego, Illumina employs nearly 2,000 and more than 4,800 globally.  The company focuses on research and development in DNA sequencing and related genomics areas.  Completion of the i3 campus is slated to be in July 2016, and […]

Pfizer, Allergan Move On

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Back in November 2015, Pfizer and Allergan announced they would combine to create the biggest drug merger ever.  Despite the hype of the merger, the companies are now abandoning the deal because of new Treasury Department rules created to deter inversions, which garner lower tax rates by moving tax headquarters overseas.  Pfizer’s decision marks the […]