West Coast Biotech Roundup: IPOs, Gilead, Sofinnova, & Denouements

a statement from the company. Arduro says the designation will speed up the agency’s regulatory review of the therapies. Aduro recently completed a mid-stage trial testing the vaccine combination, and is planning to finish off a second, 240-patient mid-stage study next year.

—San Diego-based Arena Pharmaceuticals (NASDAQ: [[ticker:ARNA]]) said its German subsidiary has signed an exclusive sales and marketing agreement with Abic, the Israeli subsidiary of Teva Pharmaceuticals, for lorcaserin (Belviq). The deal gives Abic rights to market and distribute lorcaserin in Israel for weight loss or weight management in obese or overweight patients.

—San Diego-based Celladon (NASDAQ: [[ticker:CLDN]]) gained another gene therapy program for its development pipeline after obtaining an exclusive global license for gene therapy applications of the Stem Cell Factor gene (mSCF) in patients with blocked coronary arteries. Celladon, which is also advancing a gene therapy for heart failure, said it obtained the license from one of its investors, San Diego’s Enterprise Partners Venture Capital.

—Xconomy Deputy Biotech Editor Ben Fidler contributed to this roundup.

 

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.