SD BUSINESS JOURNAL DAILY ENEWS

LifeNet Health Acquires Organovo Subsidiary

LifeNet Health has acquired Samsara Sciences, a subsidiary of Organovo that provides human liver cells for drug research.

Currax Buys Nalpropion, Gains Weight-Loss Drug

New Jersey’s Currax Pharmaceuticals now holds the rights to contrave, a weight-loss drug with San Diego roots.

Swimming Robots Scoop Up Data, Generate Revenue

BLUE TECH: San Diego Companies Have Diverse Product Lines

A sea lion or a penguin can be clumsy on dry land. Get one in the water, however, and it moves with remarkable speed, agility and grace — like it belongs there.

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Petco Opens Its First Tijuana Store as Part of Joint Venture

RETAIL: Store is 85th In Mexico; Goal Is for 90 Locations in 2019

On Nov. 1, Petco Animal Supplies Inc., the San Diego-based pet specialty retailer, and Petco Mexico, opened the first Petco store in Tijuana.

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Sempra Energy Revenue, Net Income Rise as Co. Adjusts Business Model

Capital Improvements Plan for Texas Utility Grows

Sempra Energy, the San Diego-based energy infrastructure company, reported profits of $813 million during the third quarter.

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Lincoln Partners With Chinese Co. For Del Mar Heights Office

Site Designed as Life Science And Technology Campus

An expansive Del Mar Heights office project that has been in the works since 2015 is about to begin construction under a newly formed partnership with a Chinese company.

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Sodexo Receives Food Service Deal For U.S. Marines

$116.5M Award Covers Bases Inside, Outside of San Diego

The following are selected defense contracts awarded to San Diego County companies in October and November.

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Customer Service Kept Store Open For 60 Years

Oceanside Site Sells for $2.5M

The building formerly known as Red & White Market has officially been sold.

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BioMed Builds for Tech, Life Sciences

PROPERTY: New UTC Facility Is Fully Leased

With construction only just beginning, BioMed Realty has fully leased a 204,000 square-foot research and office project that it’s building on Towne Center Drive in UTC.

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Big Apartment Project To Bring Bigger Change

PROPERTY: Mission Gorge Development to Reshape, Revitalize Area

A Los Angeles company that specializes in building and managing large apartment complexes is making its first foray into San Diego County.

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After Missing Mark in Clinical Trials, Halozyme Focuses on Delivery Platform

BIOTECH: Cancer Drug Failed to Extend Patient Lives

For many biotechs, the news would be a death knell.

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Jacobs, Rady Schools Form Accelerator

TECH: Altman Will Help With Commercialization, Clinical Trials

Medical device startups with ties to the UC San Diego will soon be able to take advantage of a new accelerator program offered by the Institute of the Global Entrepreneur.

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SDBJ INSIDER: Engineering Feat

Cubic Corp. is the first corporate partner to be slated for recognition within UC San Diego’s planned new engineering building project.

Hotel Del’s Plan Sees Room For More Grandeur

TOURISM: $400 Million Being Spent on Iconic Hotel

In late October, Hotel del Coronado, a Curio Collection by Hilton, and a historic beachfront hotel located in the city of Coronado, filed a WARN notice with the Employment Development Department.

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Co. Looks to Create a Tijuana Software Scene

TECH: iTijuana Brings Companies, Talent and Jobs to Border City

Maritza Diaz visited Tijuana for the first time in 2015, when she was scouting the border city for a potential expansion of Thermo Fisher’s operations.

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Company Tastes Success With Dehydrated Bone Broth

RETAIL: Portability Sells; Revenue Expected To Be $10 Million in 2019

According to Global Market Insights Inc., the worldwide bone broth market will be worth more than $2.8 billion by 2024.

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The Ups and Downs Of Third Quarter Life Sciences Leasing

PROPERTY: Mirati Leads the 20 Deals Made With 64,108 Square Feet

More life sciences companies took space in the third quarter, but industry leasing activity still fell compared with the same period a year ago.

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Neurocrine Reports 46% Spike in Revenue for Q3

PHARMA: Company Positioning Itself to Be a Leading Global Biopharma Organization

Neurocrine Biosciences reported revenue of $222.09 million in third quarter results.

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Employee Ownership Seen As Way to Preserve Co. Culture

FINANCE: Eastridge Adopts Plan to Show Confidence in Staff

Eastridge Workforce Solutions, a San Diego-based company that offers recruiting, payroll and other services, began offering its employees stock ownership.

Business Journal Staff Wins 18 Awards, Whitlock Best in Show

MEDIA: San Diego Press Club Honors Series on Region’s Psychiatric System

The San Diego Business Journal won 18 journalism awards — including Best in Show.

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