Corte Madera-based Restoration Hardware Holdings, Inc. (NYSE: RH) announced Nov. 7 that it has completed its initial public offering of 5,938,982 shares of its common stock at $24.00 per share, which included 4,782,609 shares sold by Restoration Hardware Holdings, Inc. and an aggregate of 1,156,373 shares sold by certain selling stockholders, including 774,650 shares sold by certain selling stockholders in connection with the full exercise of the option to purchase additional shares granted to the underwriters. The shares began trading Nov. 2 on the New York Stock Exchange under the symbol "RH."Health Care
Medtronic, Inc. (NYSE: MDT), whose CardioVascular division is based in Santa Rosa, announced a grant of $250,000 from the Medtronic Foundation to the American Red Cross to support relief efforts in areas affected by Hurricane Sandy. Medtronic employees also are offered five days of paid leave to assist in recovery efforts.
Novato-based Ultragenyx Pharmaceutical Inc., a biotechnology company focused on developing treatments for rare and ultra-rare genetic disorders, announced it has completed patient enrollment in a randomized, double-blind, placebo-controlled phase two study of UX001 in patients with hereditary inclusion body myopathy. The study’s primary objective is to evaluate safety, dose, and improvements in sialylation biochemistry of muscle from pre-treatment to post-treatment biopsies. Muscle strength, clinical function and patient-reported outcomes will also be evaluated, though the study is not powered for these endpoints. A total of 45 patients between 18 and 65 years of age, with a confirmed genetic mutation for HIBM, have been randomized to placebo versus two dose levels of active drug at four clinical sites in the US and Israel.
Sutter Health employees raised over $661,000 in 2012 for the California Chapter of March of Dimes—making the not-for-profit health system the top healthcare fundraising team in the U.S. for the March of Dimes for the third straight year and the top fundraising team in Northern California for the past seven years.Wine
For the month of October, Envolve Winery of Sonoma and its "Real Men Drink Pink Campaign" raised money for the Sonoma Valley Hospital Foundation and their programming offering free mammograms in October: $5 from every bottle of 2011 Envolve Sonoma Mountain Rose, half of ticket sales and all funds collected at the event through raffle tickets and cash donations totaled $3,542. On Nov. 2, Envolve presented a giant check, courtesy of Sonoma Signs, to the foundation at the hospital's Diagnostic and Imaging Annex.Manufacturing
The Non-GMO Project has verified San Rafael-based EO Products, a leading manufacturer of natural and organic body products, as the first certified non-GMO body care company. EO has been manufacturing personal care products for almost 20 years and will be opening their first store in Mill Valley in early November.