SD Life Sciences Roundup: Illumina, Sophiris Bio, & New Funding Deals

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a recent regulatory filing. CalciMedica, which Luke profiled in 2010, has been advancing a drug to treat psoriasis. CalciMedica’s investors include Biogen Idec, Sanderling Ventures and SR One.

—San Diego’s Huya Bioscience raised $7.6 million of a planned $18 million in debt and equity, according to a recent regulatory filing. Founding CEO Mireille Gingras told me in 2009 that Huya is obtaining licenses for Chinese compounds, including pre-clinical and clinical drug candidates in oncology, neurology, immunology, and hematology.

—San Diego-based Ridge Diagnostics, founded in 2006 as Precision Human Biolaboratory, has raised $6 million in equity, debt, and securities, according to a recent regulatory filing. Using a proprietary biomarker library and related technology, Ridge has developed multi-variant assays to diagnose Major Depressive Disorder (MDD) and other neuropsychiatric disorders—and to guide doctors in selecting anti-depressants and in monitoring and managing their patients.

Sonexa Therapeutics, a San Diego startup founded in 2008 to develop new drug treatments for Alzheimer’s disease and related disorders, has raised slightly more than $1.2 million in debt, rights to acquire securities, and securities, according to a regulatory filing. The company’s investors include Domain Associates (Domain partner Eckard Weber is Sonexa’s CEO), Alta Partners, and Scale Venture Partners.

—San Diego’s Axikin Pharmaceuticals, has raised $2 million of a planned $11 million in equity, rights, and securities, according to a recent regulatory filing. Axikin was spun out of Actimis Pharmaceuticals to develop small molecule drugs to treat respiratory disorders such as asthma, allergic rhinitis, and chronic obstructive pulmonary disease. Investors include Mitsui Ventures and Sanderling Ventures.

—Carlsbad, CA-based Obalon Therapeutics raised $1.5 million in debt and rights to acquire securities, according to a recent regulatory filing. The medical device developer has maintained a low profile since it was founded in 2008. Obalon appears to have no website and provides little information about its development of a “gastric space occupying device” for treating obesity. Investors include Domain Associates, Okapi Ventures and Phagia Technology.

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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