Biotech Incubators
in Los Angeles
Ahmed A. Enany
President & CEO
SoCalBio
C 2015 SoCalBio
Incubators as Key to Biotech’s Success • Los Angeles County has an emerging biotech cluster including 100+ companies. • Amgen, the biggest biotech company in the world, is located just outside the
western edge of the County in Thousand Oaks • Past successes:
– Diagnostic Products Corporation (sold to Siemens in 2006 for nearly $2 billion) – Cougar Biotechnology (sold to J&J in 2009 for nearly 1 billion) – Abraxis Biosciences (sold to Celgene in 2010 for $4 billion) – One Lambda (sold to Thermo Fisher in 2012 for nearly $1 billion)
• Recent successes – MannKind (which got FDA approval for inhaled insulin in 2014) – Kythera Biopharma (which won FDA approval for its double-chin drug Kybella in
2015. Company is acquired by Allergan for $2 billion)
• The overwhelming majority is still in the R&D phase. Notable companies: – Astellas Pharma, ArmagenTech, C3Jian, Claremont Bio, DxTerity Diagnostics,
Emmaus, Epeius Biotech, ImmunoCellular Therapeutics, Kite Pharma, Liquid Genomics, Molecular GPS, Nanthealth, Nantcell, Nantbiosciences, Puma Biotechnology, Ritter Pharmaceuticals, Synedgen, Xencor.
• Nearly half of the County’s biotech firms is made up of early-stage ventures housed in seven incubators: – The future of biotech in Los Angeles rests in part on the success of these
incubators in nurturing startups and help them move to the next level.
Prepared by the Southern California Biomedical Council (www.socalbio.org) 2
Biotech Incubators in Los Angeles
55,000
sq. ft. of mixed office & wet
lab space
40+ incubated companies
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5
2
4
3
6 1
Operating
Proposed
Innovation Center
C 2015 SoCalBio
Prepared by the Southern California Biomedical Council (www.socalbio.org)
18 graduated companies
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Incubated Companies
Scarless Laboratories, Inc.
Innovation Center
Prepared by the Southern California Biomedical Council (www.socalbio.org) 4
Incubated Companies
Prepared by the Southern California Biomedical Council (www.socalbio.org) 5
Graduated Companies
Graduates
Prepared by the Southern California Biomedical Council (www.socalbio.org)
N-Abl Therapeutics, Inc.
Graduates
Graduates
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Contact Information
Innovation Center
129 North Hill Avenue Pasadena, CA 91106 (626) 578-0777 www.are.com
Neelam Sullivan Tech. Development Associate California NanoSystems Institute 310-983-3638 www1.cnsi.ucla.edu
Sandra Vaughan-Acton Director, Real Estate Development Cal Poly Foundation 3801 W. Temple Avenue Bldg. #55 Pomona, CA 91768 909-869-3154 [email protected] www.innovationvillage.org
Llewellyn Cox, Founder 605 E Huntington Dr., #103 Monrovia CA 91016 (626) 408-2203 [email protected] www.lablaunch.org
Philipp Czernin, President 6162 Bristol Parkway Culver City, CA 90230 (424) 223-6949 www.momentum-biosciences.com
Bruce Blomstrom, President 2265 E. Foothill Blvd. Pasadena, CA 91107 626-507-8487 626-577-8489 [email protected] www.pasadenabiosci.org
Greg Cauchon, President 1176 Tourmaline Drive Thousand Oaks CA 91320 805-480-9900 [email protected] www.venturabiocenter.com
Prepared by the Southern California Biomedical Council (www.socalbio.org) 7
About SoCalBio • Southern California Biomedical Council
(SoCalBio) is a nonprofit, member-supported trade association that serves the biotech, medtech, IVD and digital health communities in the six counties that comprise the Greater Los Angeles region (Los Angeles, Orange, Ventura, Santa Barbara, Riverside and San Bernardino).
• SoCalBio’s programs help local firms gain access to capital, potential partners and other business services. The Council also promotes technology transfer and workforce training, while informing policy makers and the public at-large about the benefits of the region’s bioscience industry.
• For more info, please see: htttp://www.socalbio.org
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