SD Life Sciences Roundup: Takeda Consolidates, Startups Raise Cash

Image licensed by Depositphotos.com/Christian Delbert.

roughly 50 percent, from $2.75 a share to about $1.40. The company plans to continue development despite the setback.

—San Diego’s Ocera Therapeutics said it won approval from European regulators to market its treatment for diarrhea-predominant irritable bowel syndrome. The private company, which specializes in gastrointestinal and liver diseases, said it has opened discussions with potential partners to provide sales and marketing in the European Union and certain other countries for its spherical carbon adsorbent, Zysa.

San Diego-based Obalon Therapeutics, which has been developing a “gastric space occupying device” for treating obesity, has raised a $16.5 million equity round, according to a recent regulatory filing. The company has not disclosed much information about its technology, however, and appears to have no website.

—Vista, CA-based Aperio Technologies, which has developed a digital pathology information system along with technology for scanning microscope slides into the system, has raised $5.5 million of a planned $6 million in debt and rights to acquire securities, according to a recent regulatory filing. Aperio has raised more than $47 million altogether, according to VentureWire.

—Carlsbad. CA-based Ivera Medical, which won a new FDA clearance in January for a disinfecting device designed to reduce hospital-acquired catheter-related bloodstream infections, has raised $1.2 million of a planned $2.5 million from investors, according to a regulatory filing.

—San Diego-based Topera, which has developed mapping systems that help identify the electrical source of irregular heart beats, has raised $2.75 million from investors, according to a recent regulatory filing. In its filing, the company shortened its name from Topera Medical. Last year Topera raised a small, undisclosed amount in a Series A funding round from a group of individual investors.

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.