San Diego-based Amylin Pharmaceuticals (NASDAQ: AMLN), along with its partner Takeda Pharmaceuticals, said late Monday that their experimental combination of metreleptin and pramlintide is being primed for final-stage Phase III clinical development for obesity. The decision was made after Amylin and Takeda reviewed data from a full 52 weeks of follow up from patients, which showed the drug consistently helped patients lose weight. Separately, Amylin said...
ProActa, which is developing an anti-cancer drug transplanted from New Zealand, has raised $1.1 million in debt and securities, according to a recent regulatory filing. The biotech, which has raised at least $43 million in venture funding since 2004, announced earlier this month that it was starting a second mid-stage clinical trial of a drug for Acute Myeloid Leukemia. ProActas investors include Alta Partners, Clarus Ventures, Delphi Ventures, ...
San Diegos Qualcomm Ventures is showing its confidence in Visage Mobiles back-from-the-dead strategy by leading a new investment round in the San Francisco-based company.
Tim Weingarten, who stepped in as Visage CEO in 2008, tells me the company has secured $4.5 million in its second round venture funding since 2008, when the company sold most of its assets to Convergys on terms that were not disclosed. Visage Mobile basically restarted its ...
Today San Diego-based TelCentris is announcing at the Mobile World Congress in Barcelona that it has incorporated a new free offeringa universal translatoras part of VoxOx, its free, cloud-based, unified communications service.
Some online services, such as Babelfish.com, currently enable users to copy and paste in foreign language text to get a translation. But TelCentris says its VoxOx Universal Translator is the first translation...
The big news last week came from venture-backed Veoh Networks, which is filing for bankruptcy liquidation. Founder Dmitry Shapiro told me Veoh was the biggest Internet company that San Diego has ever seen (see below).
San Diegos Veoh Networks, a video streaming website, was officially launched in 2005. It raised $70 million in venture capital, grew to 23 million unique visitors a month, and was generating about $1 million in advertising re...
A $4.95 million grant from the federal stimulus package will be used to boost education, training, and placement services for people who are seeking jobs in San Diegos life sciences and health care professions, according to local biotech and education leaders.
The grant is part of more than $225 million in stimulus funds awarded by the U.S. Department of Labor to create jobs in health care and related high growth industries. About $100 milli...
Qualcomm, the San Diego wireless technologies giant, says it is previewing a variety of new applications at this weeks Mobile World Congress in Barcelona that enable certain features of its Flo-TV technology to run on netbooks equipped with Qualcomms Snapdragon processor. Qualcomm says its technology combines live mobile TV programming with real-time Web content and access to popular social networking sites like Twitter. For instance, sports fans wat...