CareFusion Trims Workforce, Undeterred Ramius Still Wants to Buy Cypress Bio, Biotech Entrepreneurs Want “Virtual Incubator,” & More San Diego Life Sciences News

8/12/10Follow @bvbigelow

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the board meetings of PatientSafe Solutions. Psilos was a lead investor in the startup, which provides handheld devices that help reduce hospital medication errors. Suennen said her firm invests in health IT, healthcare services, and medical technologies.

—San Diego-based MabVax Therapeutics got a $1.1-million follow-on grant from the Small Business Technology Transfer Program of the National Cancer Institute. The privately held company is developing a human monoclonal antibody therapy to target a specific antigen expressed by colon, pancreatic, and breast cancer cells.

—San Diego-based Orphagen Pharmaceuticals said it got a two-year, $520,000 grant from the National Cancer Institute through its Small Business Innovative Research (SBIR) program to develop a new class of drugs for treating adrenocortical and prostate cancer.

Bruce V. Bigelow is the editor of Xconomy San Diego. You can e-mail him at bbigelow@xconomy.com or call (619) 669-8788 Follow @bvbigelow

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