Vaxart, Inc in San Francisco receives $12.5 million in Series B funding. Can we expect them to do some hiring?

Vaxart, Inc out of San Francisco, CA is a biotechnology company developing oral-delivery vaccines. They have just recently closed a $12.5 million Series B financing, led by Care Capital of Princeton NJ.
The funding will be used to advance the Company’s lead product, an oral vaccine for Avian influenza, through Phase I clinical trials. “We are excited [...]

Biovail Corporation to retry putting together a US sales force after flopping the first time around.

02 Mar 10 | Filed in Hot Biotech Jobs--USA with 0 Comments

Five years ago, Biovail Corp based in Ontario, Canada let their entire US sales force of about 600 reps go during a large reorganization. They are now talking about setting up a new sales group to market their growing range of drugs designed to treat nervous system disorders.
They announced they will be hiring as many [...]

Earnings numbers for 2009 for major equipment companies are out. While earnings were down a bit, in general they were mostly profitable.

07 Feb 10 | Filed in Biotech Equipment Info with 0 Comments

Accelrys out of San Diego, CA recently reported that their third-quarter revenues grew by 7 percent. This gain broke a string of revenue declines that had happened for the last three consecutive quarters.
The company had total revenues of $22.1 million for the three-month period ended Dec. 31, 2009, compared to $20.6 million for the same [...]

Unemployment rate tumbles to 9.7%, but don’t start the party yet. One month doesn’t make a trend.

05 Feb 10 | Filed in Economy, Miscellaneous with 0 Comments

 THE EMPLOYMENT SITUATION — JANUARY 2010–U.S. Department of Labor
The unemployment rate fell from 10.0 to 9.7 percent in January, and nonfarm
payroll employment was essentially unchanged (-20,000), the U.S. Bureau of
Labor Statistics reported today. Employment fell in construction and in
transportation and warehousing, while temporary help services and retail
trade added jobs.
Household Survey Data
In January, the number of [...]

A hot dozen pharmaceutical and biotech companies that have recently received new funding. Good places to look for a job.

03 Feb 10 | Filed in Hot Biotech Companies! with 0 Comments

All of the following companies have recently received significant injections of cash. Usually a significant receipt of cash translates into new hiring and the purchasing of new equipment. So in your job search, it could be worth your while to check out these different companies to see if they are hiring. If they aren’t today, they may [...]

Technically speaking, this latest recession is over. When will the next one begin? How serious will it be? History gives us a pretty good picture of what to expect.

27 Jan 10 | Filed in Economy with 1 Comment

Somewhere I had once read that “We fear most that which we understand least.” I had never really applied that statement to recessions, but after living through this latest one, I realized that the above statement applies. All I knew about recessions was that every so often they come in like a thief in the night and [...]

New Unemployment figures released this morning show an increase in new jobless claims.

21 Jan 10 | Filed in Economy with 0 Comments

The number of newly-laid off workers seeking jobless benefits unexpectedly rose last week. Initial claims for unemployment insurance rose by 36,000 to a seasonally adjusted 482,000. Economists had been expecting a small drop in new claims.
While the numbers for new claims have overall been trending downward for several months now, the trend has been very [...]

Agilent executives present Agilent’s 2009 performance and describe plans for the future in 2010 at the J.P. Morgan Healthcare Conference.

19 Jan 10 | Filed in Biotech Equipment Info with 0 Comments

 
Agilent did fairly well in 2009, despite the recession.
To hear what upper management had to say at the J.P. Morgan Healthcare Conference, click on the link below:
http://metameetings.com/webcasts/jpmorgan/healthcare10/archive/wplayer/agilent.html?n=archive

Beckman Coulter presentation at the J.P. Morgan Healthcare Conference

18 Jan 10 | Filed in Biotech Equipment Info with 0 Comments

Beckman Soulter seems to have made it through the recession in decent shape. Check out the following link to see what’s up for them in 2010.
http://metameetings.com/webcasts/jpmorgan/healthcare10/archive/wplayer/beckman_coulter.html?n=archive

Affymetrix CEO Kevin King giving presentation on 2009 results and expectations for 2010 at J.P. Morgan Healthcare Conference

16 Jan 10 | Filed in Miscellaneous with 1 Comment

Affymetrix has had an up and down year. Once the unchallenged leader in the Genetic Analysis market, they are now being tested on a daily basis by competitors. Where does their management stand? What are their plans for next year?  Let’s see what their CEO Kevin King has to say.
http://metameetings.com/webcasts/jpmorgan/healthcare10/archive/fplayer/affymetrix.html?n=archive