Stories for May 2009
Friday, May 29
San Ysidro Health Center, a safety net clinic that provides medical services to the uninsured, plans to unveil its newly built maternal and child health center in a private ceremony May 31.
General Dynamics Nassco, one of San Diego's biggest employers with 4,700 workers, said it began construction May 29 of a fifth product carrier ship for U.S. Shipping Partners.
During an awards luncheon May 27, the San Diego Regional Chamber of Commerce honored small-businesses owners who excel in various areas.
Thursday, May 28
Local tourism officials regard Memorial Day weekend as an indication of how the high summertime tourism season will fare, much like retailers look at back-to-school sales as a way to gauge Christmas shopping.
Luis Pineda, senior vice president of marketing and product development at Qualcomm, announced a new mobile computing device powered by Qualcomm's Snapdragon chipset.
Despite a blatant rejection of their plan by the Chargers, a group of local businessmen says a massive redevelopment project for the Qualcomm Stadium site could become a new civic center for San Diego, and could work with or without a new stadium.
An index measuring the overall health of the region's economy rose by two tenths of a percent in April, breaking a string of 24 consecutive months of decline.
Just two months after a team of scientists led by The Scripps Research Institute in La Jolla demonstrated a new way to reprogram cells without introducing new genes, a new report is out claiming a similar, yet safer technique worked using human skin cells
Wednesday, May 27
William Hall, a former port commissioner from Chula Vista, was appointed by the City Council May 26 to take the job on a temporary basis while the council searches for a permanent replacement.
The Vista ophthalmology company Ophthonix said May 26 that it raised $25.9 million in venture capital money to continue the launch of its iZon high-resolution lenses for eyeglasses.
A team of San Diego developers, architects, attorneys, engineers and builders is holding a news conference May 28 in Balboa Park to unveil a project for the Qualcomm Stadium site that "will showcase what urban development can and should be in the 21st cen
An Oceanside man and his partner pleaded not guilty to a 22-count indictment in federal court May 26 related to the sale of counterfeit Microsoft software, the U.S. attorney's office said.
Diabetes drug maker Metabasis said May 27 it is reducing its work force by another 45 employees, or approximately 85 percent, as it evaluates "strategic alternatives." Only seven employees will be left, most of them officers.
BakBone Software, which makes data backup and recovery products, completed its merger of ColdSpark May 27 with the issuance of $7.8 million of common shares to the Colorado company, according to a regulatory filing with the Securities and Exchange Commiss
Tuesday, May 26
Roth Capital Partners said May 26 it had completed the $17.6 million common stock offering for the San Diego energy storage company, Maxwell Technologies, which is traded on the Nasdaq as MXWL.
San Diego-based vaccine technology company Vical, which recently teamed up with U.S. Navy biomedical researchers in San Diego to test an H1N1 swine flu vaccine, said May 26 that three leading institutional investors have committed $20 million in the form
The Port of San Diego launched a $200,000 media campaign that it hopes will generate more traffic to businesses serving the public along San Diego Bay such as hotels, restaurants and museums.
The network game company NTN Buzztime has raised $2.25 million in a private stock sale, according to a May 26 filing with the Securities and Exchange Commission.
Monday, May 25
The San Diego office of Pillsbury Winthrop Shaw Pittman helped secure a deal last week between San Diego-based Victory Pharma and Sciele Pharma, the Atlanta-based subsidiary of Japanese pharmaceutical company Shionogi & Co.
From all appearances, attendance and business participation at the 16th annual Taste of Gaslamp will be on par with last year's event , 26 restaurants have signed up for the first day, Saturday, June 13, and 25 for the next day.
Backups at the San Ysidro border crossing are a given, but a recent increase in spot inspections of southbound cars crossing into Mexico could have a devastating impact on business, two San Diego business organizations fear.
There's no way around it: More pain, job loss and housing devaluation are coming before we're out of this recession. But there are signs that the worst may be behind us.
Just as a weaver twists multiple strands of nylon together to make a rope, the U.S. government has twisted several military construction initiatives together to form something with a good deal of economic pull.
Amylin Pharmaceuticals, a San Diego-based biotech often cited as one of the area's biggest success stories, could close a chapter this week on an ongoing saga that has pitted some of its biggest investors against it.
Architect Graham Downes has built a family of companies around the concept of innovation.
While several national retailers have gone belly up, such as Mervyns and Linens 'n Things, dollar stores are surviving what's casually being called the great recession and occupying vacant storefronts at favorable lease rates.
He knows of what he speaks. Lawrence Prior, COO at defense contractor SAIC since 2004, addresses a breakfast meeting of the San Diego North Chamber of Commerce on May 28.
HiveHaus manager Jason Harper is not turning away prospective tenants by any means, but he has an idea about the kinds of folks he hopes walk through the door to join the collaborative atmosphere of HiveHaus at 11th Avenue and Ash Street.
The scum of the earth just might save us from our energy woes. Nukes might not be the pariahs they once were. And rooftops might have a higher purpose than keeping our heads dry. The search is on for better ways of meeting our daily needs for energy in a
The end of a decade-long war of words finally came to a conclusion May 13 when Poseidon Resources received a unanimous vote from the San Diego Regional Water Quality Control Board to allow the developer to start construction of the Carlsbad desalination p
Many know Bill Evans, an executive with Evans Hotels, as a driving force behind a leaner, meaner San Diego Convention & Visitors Bureau. But he didn't have a lot of allies to start with.
When the U.S. Small Business Administration trotted out its part of the $787 billion stimulus bill in February, there was lots of interest in a loan program of up to $35,000 to help small businesses pay off existing loans.
Scripps Memorial Hospital Encinitas officials said they will begin work shortly on a $350 million project that will more than double the size of its emergency department to keep up with rising population demands.
There has been yet another upsurge in states and cities around the country targeting California businesses for relocation.
Starting last October, collectors and recyclers of discarded computers, flat-screen TVs and electronic gadgets, or e-waste, were hit with a bombshell.
The state's Integrated Waste Management Board recently crowed about its accomplishments in 2008, issuing an annual report on its various recycling and education programs.
San Diego analytics company, ID Analytics, rolled out a free product May 18 that allows anyone to check the health of their digital identity.
Scripps Health's 39th annual Mercy Ball raised $1.7 million, including a $1.5 million gift facilitated by Kaye and Dick Woltman.
Leading off this week's compilation of real estate news from around San Diego County: Toyota of El Cajon is seeking a coveted LEED environmental rating for remodeling of an existing building that will serve as its new car sales center when completed in Oc
Friday, May 22
Temecula Valley Bancorp, already under a cease and desist order from regulators, was put on a time clock by the California Department of Financial Institutions.
Taylor Guitars is offering a selection of its acoustic and electric models in the world-famous department store Harrods of London.
San Diego County's unemployment rate dropped for the first time in a year during April to 9.1 percent from March when it was at 9.5 percent, according to the May 22 monthly report from the state.
Thursday, May 21
San Diego charities stand to receive about $500 million as a result of an estimated $200 billion in wealth that's being transferred between generations over the next 25 years, according to a study commissioned by the San Diego Foundation and released May
Red Door Interactive is one of the fastest growing inner city companies in America, according to a survey released May 21 by the Initiative for a Competitive Inner City, the nonprofit that publishes the annual Inner City 100 list.
A proposal to build a new stadium at the Qualcomm Stadium site along with more than 1 million square feet of office space and 5,500 residential units, student dormitories and other structures has been reviewed by several elected officials.
Business development leaders from both sides of the border rolled out a new branding campaign May 21 as a better way to market the combined San Diego-Tijuana region.
Wednesday, May 20
San Diego has been shedding its manufacturing jobs in recent years, but it's still home to 790 factories where nearly 74,000 employees toil, according to an annual report by Manufacturers' News released May 19.
Customers of San Diego Gas & Electric will soon be able to get personalized information on their energy usage through a familiar Internet service: Google.
State health regulators levied maximum fines of $25,000 apiece against two San Diego hospitals for putting patients at risk of death or serious injury, the California Department of Public Health said May 20.
With the Centers for Disease Control lifting a warning against nonessential visits to Mexico, San Diego's year-round, homeported ship, the Carnival Elation, will resume regularly scheduled cruises to that country June 18.
Tuesday, May 19
The Tech Coast Angels, a Southern California investment group that says it's the largest such angel network in the nation, said May 19 it did 15 first-time financings and 16 follow-on rounds of financing in 2008.
SAIC said May 19 that its Benham subsidiary received a $20 million contract from the Army Corps of Engineers to design, engineer and build a cargo aircraft hangar at Robins Air Force Base in Georgia.
County Treasurer-Tax Collector Dan McAllister sent out 71,478 notices to county property owners who failed to pay either their first or second tax bills of the current tax year, he said May 19.
ParAccel of San Diego reported May 18 that grocer Price Chopper had selected its new Scalable Analytic Appliance to warehouse data. Terms of the deal were not disclosed.
The San Diego Convention & Visitors Bureau said May 19 it retained the local office of Manpower to launch a national search to replace former president and CEO David Peckinpaugh, who left the bureau in April.
Qualcomm said May 18 that it was offering a service that enables mobile devices on any network to access an online application store.
Carlsbad-based Genoptix, which provides diagnostic services to community hematologists and oncologists, was selected to join the S & P; SmallCap 600 Index, Standard & Poor's said May 19.
A developer who had to lop the top two stories off an office building near Montgomery Field in Kearny Mesa, lost a legal battle against the city.
Monday, May 18
Technical challenges abound at Weldmac Manufacturing.
Adding yet another twist to the ongoing proxy fight at Amylin Pharmaceuticals, co-founder Howard Greene last week sided with dissident investors Carl Icahn and Eastbourne Capital Management in encouraging shareholders to vote for new leadership on the boa
Stronghold Canyon Development purchased a 24,319-square-foot industrial/flex building in Scripps Ranch for $3.8 million.
Although our state legislators' attention has rightly focused on California's budget crisis these past few months, there is another matter before them that affects our economy.
A battle for control of a posh Carlsbad resort , the property's owner or the management company it originally hired , is taking on an air of the Hatfield-McCoy feud.
The San Diego Regional Economic Development Corp. and startup incubator Connect have apparently agreed to merge, a pact that could presage a more important marriage with the San Diego Regional Chamber of Commerce.
San Diego City College Career Technology Center
Two jobs on two governing boards have opened up, and while neither pays much, both are coveted because they involve the Unified Port of San Diego and the San Diego County Regional Airport Authority, two of the most important public agencies in the region.
A seven-year project that began as a tool for combating bioterrorism has resulted in a database that vaccine developers say could help speed the development of new, more effective products.
Sciele Pharma, the Atlanta-based subsidiary of Japanese pharmaceutical company Shionogi & Co., said May 18 it will acquire San Diego-based Victory Pharma for $150 million to give it an entrance into the U.S. pain market.
Two more proxy advisors are urging Amylin Pharmaceuticals shareholders to vote in favor of dissident directors nominated by Eastbourne Capital Management and billionaire Carl Icahn.
San Diego's biotech community is standing behind one of two competing measures that would establish government approval of generic biotech drugs, despite the possible loss of profits by opening up the marketplace to generic competition.
Kaiser Permanente is donating $50,000 to a Chula Vista city swim program for elementary school kids.
Leading off this week's compilation of real estate news from around San Diego County: The San Diego Association of Realtors said in a report issued May 11 that sold listings in April increased compared with those in March, with both attached and detached
The 211 San Diego assistance line has been up and running for five years, but local residents came face to face with it en masse during the 2007 wildfires that displaced 500,000 people and inundated the nonprofit's call centers, which logged 120,000 calls
Reint Reinders, who left the San Diego Convention & Visitors Bureau as CEO back in the spring of 2006, has a new gig, three years later.
While commercial banks get most of the press when it comes to souring loans and dwindling capital levels, many credit unions are dealing with the same issues and reported heavy losses, with some taking heavier hits than others.
Qualcomm Stadium may be awash in red ink as revealed in a recent city audit, but at least two annual bowl games are doing their parts to generate revenue.
Both of the region's employee pension funds suffered enormous losses from the worldwide stock market crash, with each having its value shrink at least 30 percent due to the upheaval.
First Business Bank, with about $100 million in assets, is seeking to buy troubled 1st Pacific Bank of California, a University City-based bank more than four times its size, according to banking sources.
Friday, May 15
Chula Vista Mayor Cheryl Cox apparently got her wish when Port Commissioner Mike Najera resigned from his position May 15.
Developer Doug Manchester's goal of opening his own commercial bank here apparently fizzled along with the tepid economy.
General Motors and Chrysler are both closing underperforming dealerships nationwide in an attempt to once again become competitive.
San Diego's economy may see some signs of a recovery as the year progresses, noticeably in its decimated housing market, said economists with UCLA's Anderson Forecast May 15.
Fate Therapeutics, which is testing drugs that help spur the body's own adult stem cells to action to stimulate healing and block cancer growth, said it has acquired exclusive rights to a stem cell technology from two Massachusetts hospitals.
General Motors and Chrysler are both closing underperforming dealerships nationwide in an attempt to once again become competitive.
First PacTrust Bancorp, parent of Pacific Trust Bank, reported a net loss of $2.6 million for the first quarter, compared to a net income of $1.2 million for the first quarter of 2008.
Thursday, May 14
Qualcomm said May 14 its mobile TV subsidiary, FLO TV, has inked a deal with NBC Universal to carry NBC broadcast sporting events Preakness Stakes, French Open, Stanley Cup Final, U.S. Open and Wimbledon.
San Diego-based diagnostics company Nanogen said May 14 it has filed for Chapter 11 bankruptcy protection.
ViaSat, the Carlsbad maker of satellite equipment, reported fiscal fourth quarter net income of $12.1 million, up 15 percent from net profits of $10.5 million in the like quarter of 2008.
Sidney Kimmel Cancer Center, which filed for Chapter 11 bankruptcy protection in late April, will auction off its assets in court June 15.
San Diego-based biotech Cadence Pharmaceuticals said May 14 it has filed an application seeking FDA approval of a new pain medication.
BakBone Software, a local firm that makes data protection software, said May 14 it completed the acquisition of ColdSpark, a Colorado software firm, for $15.9 million in cash and stock.
Wednesday, May 13
Time to yell fore! May 13 was National Golf Day, according to a release from an organization called the California Alliance for Golf.
Trading of shares of Temecula Valley Bancorp was about 10 times the normal volume May 12 as the stock gained 52 percent to close at $1.07 on the Nasdaq exchange, often a sign of a major announcement.
A bank fraud scheme allegedly orchestrated by a local criminal street gang used sailors and a faulty check confirmation system to net thieves more than $500,000, according to the county District Attorney's Office in a May 13 statement.
Tuesday, May 12
Jack in the Box has contracted with J.B. Hunt, one of the country's largest trucking firms, to handle transportation from its distribution centers nationwide, and as a result is paring its work force by 200, mostly truck drivers, in a cost-cutting move.
Howard Greene, co-founder of Amylin Pharmaceuticals, joined the company's ongoing proxy fight in a letter urging shareholders to vote for a slate of directors being pushed by dissident investor groups led by billionaire Carl Icahn and Eastbourne Capital M
The San Diego Union-Tribune has named Ed Moss as the newspaper's president and publisher.
Kratos Defense & Security Solutions Inc., a local defense contractor specializing in information technology, reported a first quarter net loss of $42.1 million on revenue of $83.9 million.
The owner of the Four Seasons Resort Aviara, a 329-room luxury hotel with an 18-hole golf course and a 15,000-square-foot spa in Carlsbad, has fired the management company, Four Seasons.
Monday, May 11
Leading off this week's compilation of real estate news from around San Diego County: San Francisco-based commercial construction services provider URS has been awarded a contract to speed up the environmental impact documentation required for the new $59
The San Diego County Employees' Charitable Organization donated $10,000 to Rebuilding Together San Diego toward the purchase of a 14-foot box truck.
Peter Ronchetti is general manager of Legoland California in Carlsbad.
Shareholders of Temecula Valley Bancorp, the holding company for Temecula Valley Bank, will get their chance to sound off against management and its board this month, but new CEO Frank Basirico says he isn't too worried.
Statistics show that fewer business and leisure travelers are checking in at local hotels, yet there are indications ?flutters more than rumblings ?that the meetings business is rebounding.
The time-honored attitude toward business, where a worker lives and dies at his or her desk, still has fans aplenty. David Camarata isn't among them.
The county treasurer-tax collector's office announced May 11 it will hold a an online property tax sale auction on May 16 for 67 time-share properties the county now owns.
As a business owner, I know firsthand the inconvenience that can come with employees ?or me personally ?being called for jury service.
In a way, the story of San Diego's Accredited Home Lenders is typical: A solid business started by two hardworking partners grows to a certain size, goes public, keeps growing and making more profits, then blows up in spectacular fashion.
"The era of big government is over," President Clinton told the radio listening audience Jan. 27, 1996.
Sometime later this year, the demolition of a group of pre-World War II buildings in downtown San Diego is expected to begin.
While the free market may be on the skids, its principles can be co-opted for social good.
Michael Olguin, who heads Formula PR, ranked No. 1 on the Business Journal's 2008 Public Relations Agencies list, says social media is as important as any of the other services the firm offers.
Is this any way to treat our struggling gas stations? The state Air Resources Board and its siblings fined 149 stations , many small and independent , $944,000 statewide for not complying with nozzle regulations that went into effect April 1.
Paul, Hastings, Janofsky & Walker, an international law firm with a San Diego office, helped Denver-based biofuels company Gevo close a Series D financing round April 24.
A 72-year-old Rancho Santa Fe resident was charged with 15 felony counts in connection with an elaborate scheme that defrauded 100 investors of $20 million, according to federal prosecutors.
The parent company of Legoland California, Britain-based Merlin Entertainments Group, reported 2008 attendance at its 57 attractions worldwide rose 28 percent from the year before to reach 35.1 million.
Norman Jester is relying heavily on an online social media campaign ?tapping Web sites users access to share opinions and personal information ?to add listeners for his JellyRadio Internet station.
April's tax deadline has passed, but a proposed tax bill making its way through the State Assembly still looms large, particularly among its critics.
When the economy hits the fan, we immediately think of profits, sales, budgets, cutbacks, layoffs, survival, etc. But the most important asset gets forgotten: our customers.
San Diego-based biotech Novocell, developer of embryonic stem cell therapies for diabetes, said it has named John West as president and CEO.
Leading off this week's compilation of news from around San Diego County: The Carlsbad Chamber of Commerce is offering a workshop on business opportunities at Marine Corps Base Camp Pendleton.
Local flu test developers and makers of equipment used in identifying flu strains noticed demand for their products peak in the past couple of weeks as the number of confirmed cases of swine flu went past 1,500 worldwide.
The city of San Diego's second trip out of the debt penalty box in six years turned out to be a good one.
Friday, May 8
Just a week after announcing a licensing pact with Bayer HealthCare worth up to $407 million, Ardea Biosciences said May 8 it would lay off 47 percent of its workforce to conserve cash.
Cubic reported May 7 that it received net income of $14.2 million on sales of $243 million during the quarter ended March 31.
Three days after it completed the acquisition of the San Diego Union-Tribune, Platinum Equity notified 192 staff members that they would be laid off on July 6.
Mayor Jerry Sanders on May 6 unveiled a new Web site that permits residents to review allocations and make suggestions on how the city of San Diego should make best use of its share of $787 billion from the American Recovery and Reinvestment Act.
Anticipating an upcoming shareholder vote over company control, Amylin Pharmaceuticals has entered into a new agreement with one of its creditors that could avoid a so-called "poison put" if a major leadership change occurs.
The Red Bull Air Race is coming to San Diego this weekend, May 9 and 10.
Thursday, May 7
Philanthropist Ellen Revelle, wife of Roger Revelle, founder of the UC San Diego campus, and owner of the San Diego Daily Transcript business newspaper, died May 6.
Turner Construction Co. was selected as the design builder for Lindbergh Field's terminal expansion project that entails adding 10 gates to Terminal 2, or the farthest western gate.
Wednesday, May 6
San Diego-based vaccine developer Vical is partnering with the U.S. Naval Medical Research Center to expedite a potential defense against the H1N1 flu virus, it said May 6.
Neurocrine Biosciences, maker of experimental drugs for treating neurological and endocrine disorders, said May 6 it would cut its 120-person staff in half to conserve cash as it focuses on moving its midstage clinical programs into final Phase 3 trials.
Reports from several major news organizations May 6 including Reuters say the government's stress test results are in and show some of the biggest banks need a lot more capital to satisfy any protracted recession.
Tuesday, May 5
Jeremy Crook, the former vice president for Peregrine Systems sales in Europe, Middle East and Africa, was sentenced to 27 months in prison May 4 by U.S. District Court Judge Thomas Whelan for his role in the widespread accounting scandal at the San Diego
Nancy Graham, the former president of the Centre City Development Corp., pleaded no contest last month to a single misdemeanor related to her not disclosing her economic interests last year, according to the San Diego City Attorney's office in a statement
San Diego diabetes drugmaker Amylin Pharmaceuticals has submitted an application to the FDA for its once-weekly Byetta for type 2 diabetes.
Sempra Energy, parent of San Diego Gas & Electric, reported earnings May 5 of $316 million on revenue of $2.1 billion for the quarter ended March 31.
Acadia Pharmaceuticals has signed a deal worth up to $395 million to bring its experimental Parkinson's disease psychosis drug to market, the company said May 4.
Listen to highlights from the current issue of the San Diego Business Journal. Or listen to an archived podcast.
San Diego-based genetic analysis company Illumina said May 5 it has filed an infringement lawsuit against rival chipmaker Affymetrix of Santa Clara.
Monday, May 4
SAIC said May 4 that it received a prime contract from the U.S. Marine Corps Systems Command, worth $96 million if all options are exercised.
Smith Bros. Construction recently par & #173;ti & #173;ci & #173;pated in the ribbon cutting and opening of remodeled restroom facilities in Rachel's Women's Center, a downtown homeless shelter.
The Sheraton Carlsbad Resort & Spa will thank local military families assigned to Camp Pendleton on Mother's Day.
Some of the world's largest cruise lines are diverting ships to San Diego after the U.S. Centers for Disease Control and Prevention issued a warning against nonessential travel to Mexico because of the swine flu outbreak.
Silvergate Bank, which got its cease and desist order lifted late last year, is expanding through a new warehouse mortgage lending division.
As homeowners sink further underwater ?meaning they owe more than the falling value of their homes ?inquiries about loan modification services are skyrocketing.
Nonunion building contractors are continuing their efforts to stop the San Diego Unified School District board from enacting a project labor agreement, or PLA, with a local trades union. The school board is expecting to adopt the pact in late May.
Leading off this week's compilation of news from around San Diego County: NTN Buzztime says it's purchasing iSports, an Internet operation that publishes sports and entertainment news including game scores on mobile devices such as the BlackBerry, for an
A conversation with Connie Reeves Campbell, founder and president of San Diego Brain Tumor Foundation.
Brad Perozzi is managing director of Trammell Crow Residential, a real estate firm that designs, develops and builds multifamily housing in major markets across the country, including Southern California.
We all experience life transitions. People dealing with transitions feel anxiety, lack confidence, and fear the unknown.
Here's the local angle on the news of the day. Navy scientists played an important role in the identification of the first swine flu cases detected in San Diego County the week of April 20.
Michael Mercurio is CEO of the San Diego Association of Realtors, which provides Realtors tools and resources to protect private property rights and promote homeownership while informing the public and improving neighborhoods throughout the county.
Magma has just passed the second anniversary of its buyout by CEO Randy Jones, who was brought in as a consultant in 2003 and ended up with the keys to the company.
The recession is putting the brakes on new vehicle sales in San Diego and throughout California, reaching ferocious double digits reminiscent of a low point not seen since 1975
Platinum Equity of Beverly Hills said May 4 that it has completed the purchase of the San Diego Union-Tribune, the county's only major metropolitan daily newspaper.
When San Diego-based law firm Higgs, Fletcher & Mack defended Metabolife International against claims that its ephedra-based weight-loss pill created health problems for those taking it, it didn't do so alone.
The U.S. Navy has given General Atomics' novel aircraft catapult a vote of confidence, reiterating in mid-April that it will be part of an aircraft carrier set for commissioning in 2015.
Cuyamaca College has set May 5 as the date for its campus job fair. The event runs from 9:30 a.m. to 12:30 p.m. at the new student center.
This is my favorite time of year ?early spring, when just about everything is in bloom.
Five more cruise ships carrying thousands of passengers are making their way to San Diego after changes to itineraries caused by the swine flu outbreak in Mexico, according to a May 4 statement from the Port of San Diego.
Miramar College was scheduled to break ground on two classroom buildings April 29.
The 12,084-square-foot building at 1515-1525 Fourth Ave. in downtown San Diego has been sold for $4.25 million.
The California Surf Museum is holding its second annual fundraiser May 14 at its new location in Oceanside.
Local vaccine developers testing potential defenses against deadly flu viruses said they are prepared to act quickly if the recent swine flu outbreak that started in Mexico escalates into a pandemic.
Althea Technologies, a Sorrento Valley-based biotech and pharmaceutical contract manufacturer, debuted its 30,000-square-foot biologic manufacturing facility last week.
Some weeks ago I was asked by an owner of a small shopping center to offer advice on what his strategic options are, with the announcement that his major anchor tenant would be closing.
Friday, May 1
Instruments made by Applied Biosystems, a division of Carlsbad-based Life Technologies, received emergency clearance by the FDA for helping identify swine flu, the company said April 30.
Publicly traded Callaway Golf has announced lowered first-quarter financial results and the layoff of 185 workers worldwide, including 170 at its Carlsbad headquarters.
PhotoThera, a Carlsbad-based developer of laser therapy for treating ischemic stroke, has hired a new CEO and raised $50 million in its latest round of financing.
A scam that defrauded federal taxpayers of their refunds dating back three years was revealed April 30 when the U.S. Attorney's Office announced the arrest of a Russian national and former San Diego resident allegedly involved in the fraud.