Healthcare Venture Investment Deals Climbing Back, Halozyme Sells Its Diagnostics Business, Dry Lab Biotechs Cluster in Carmel Valley, & More San Diego Life Sciences News

shifted as the business model has shifted toward the lean virtual company model. With biotechs outsourcing more and more of their research and development to clinical research organizations and others, he found a mini-cluster of more than a dozen biotechs that have no wet labs in the High Bluff Drive neighborhood of Carmel Valley.

—San Diego’s Halozyme Therapeutics (NASDAQ: [[ticker:HALO]]) is restructuring its business to concentrate on three experimental drugs still in the pipeline, a strategic move that requires the company to lay off about 30 employees, or 25 percent of its workforce.

Aneesh Chopra, the nation’s first federal chief technology officer, talked about health IT and entrepreneurship in a speech last week in the San Francisco Bay Area. Chopra also talked to Xconomy San Francisco Editor Wade Roush about health IT, how entrepreneurs can benefit from government data sharing, and incentive prizes.

Author: Bruce V. Bigelow

In Memoriam: Our dear friend Bruce V. Bigelow passed away on June 29, 2018. He was the editor of Xconomy San Diego from 2008 to 2018. Read more about his life and work here. Bruce Bigelow joined Xconomy from the business desk of the San Diego Union-Tribune. He was a member of the team of reporters who were awarded the 2006 Pulitzer Prize in National Reporting for uncovering bribes paid to San Diego Republican Rep. Randy “Duke” Cunningham in exchange for special legislation earmarks. He also shared a 2006 award for enterprise reporting from the Society of Business Editors and Writers for “In Harm’s Way,” an article about the extraordinary casualty rate among employees working in Iraq for San Diego’s Titan Corp. He has written extensively about the 2002 corporate accounting scandal at software goliath Peregrine Systems. He also was a Gerald Loeb Award finalist and National Headline Award winner for “The Toymaker,” a 14-part chronicle of a San Diego start-up company. He takes special satisfaction, though, that the series was included in the library for nonfiction narrative journalism at the Nieman Foundation for Journalism at Harvard University. Bigelow graduated from U.C. Berkeley in 1977 with a degree in English Literature and from the Columbia University Graduate School of Journalism in 1979. Before joining the Union-Tribune in 1990, he worked for the Associated Press in Los Angeles and The Kansas City Times.