North Bay Business Journal

  • BioMarin acquires Huxley Pharmaceuticals

    October 27th, 2009

    NOVATO — BioMarin Pharmaceutical Inc. (NASDAQ: BMRN) announced today that it has acquired Huxley Pharmaceuticals inc. for $15 million, with further payments to Huxley shareholders of up to $50 million if certain milestones are reached.

  • BioMarin, doubling manufacturing capacity, sees quarterly earnings decline

    July 30th, 2009

    NOVATO — BioMarin Pharmaceuticals Inc. (NASDAQ: BMRN) said today investments made to double manufacturing capacity caused it to post lower second-quarter profit as operating expenses jumped 32 percent during the quarter.

  • Raptor Pharmaceutical to merge with TorreyPines Therapeutics

    July 28th, 2009

    NOVATO – Raptor Pharmaceuticals Corp. has agreed to merge with TorreyPines Therapeutics Inc. (Nasdaq: TPTX), giving the Novato developer of drug-targeting platforms and mid- to late-stage clinical development candidates a listing on Nasdaq. The merged company will most likely retain the Raptor name, executive team and Novato location.

  • Medtronic CardioVascular receives FDA’s ‘humanitarian’ approval for heart valve

    July 22nd, 2009

    SANTA ROSA – Santa Rosa-based Medtronic CardioVascular received unanimous approval today from an FDA panel to grant “Humanitarian Use Device” status to its Melody Transcatheter Pulmonary Valve, a decision that will expedite FDA approval of the device.

  • Novato’s Buck Institute gets $970,000 in stimulus

    July 16th, 2009

    NOVATO, July 16, 2009 — The Buck Institute for Age Research has been awarded $970,000 from the National Institutes of Health as part of the American Recovery and Reinvestment Act stimulus funding, the first installment, it hopes, of more awards. The two-year grant will fund research on the function of newborn neurons in aged brains [...]

  • Device maker TriVascular2 re-emerges with staff of 150

    June 29th, 2009

    SANTA ROSA – TriVascular2′s steady growth – the medical device maker has 150 employees now and will add another 20 before this year is out – is not just an anomaly in the down economy. It’s a tribute to the belief its founders, workers and investors have in the products under development there.

  • Medical supply giant leases ex-telecom space

    June 22nd, 2009

    PETALUMA – Thermo Fisher Scientific (NYSE: TMO), the Massachusetts-based medical supply giant, is consolidating its operations in Petaluma into a former telecom manufacturing space.

  • BioMarin hits stride, adding staff, revenues

    June 8th, 2009

    NOVATO — BioMarin (Nasdaq: BMRN) has added 100 employees during the last 12 months and looks to expand its 700-member staff even more by 2010, said CEO Jean Jacques Bienaimé.

  • Solano economic group to explore future of life sciences Feb. 26

    February 23rd, 2009

    FAIRFIELD – The life sciences industry in Solano County and how to expand it will be the topic at the Feb. 26 Solano Economic Development Corp. meeting.

  • Medlogics sees promise in tests for Cobra stent

    February 16th, 2009

    SANTA ROSA – Medical-device startup Medlogics has received promising data from the first stage of a post-market study being performed in Europe and South America on its cardiac stent.

  • Drug startup’s treatment for genetic disorder may help with teen liver disease

    February 9th, 2009

    NOVATO – A compound undergoing tests by a Marin pharmaceutical developer for treating a rare genetic disease in children shows promise in combating an ominous trend: teenagers with obesity-caused liver disease.

  • Startup aims to serve medical-device makers

    February 2nd, 2009

    SANTA ROSA – Two former Boston Scientific engineers are growing a small but significant addition to the local medical-device industry.

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