San Diego Business Journal

SD BUSINESS JOURNAL DAILY ENEWS

Denovo Acquires Oncology Drug From Eli Lilly

San Diego-based Denovo Biopharma LLC announced that it has acquired enzastaurin, a late-stage oncology drug, from Eli Lilly and Co.

Pure Financial Advisors Passes $1 Billion Mark in Assets Managed

Pure Financial Advisors Inc., a Mission Valley based wealth management firm, said it surpassed the $1 billion mark in assets under management this year while increasing its client base to 1,200.

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San Diego Firm Buys Lake Elsinore Retail Center for $33.5 Million

HELF Investments LP of San Diego has purchased Canyon Hills Marketplace, a retail center in Lake Elsinore, for $33.5 million, according to brokerage company CBRE Group Inc., which represented the buyer and seller.

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Target Plans to Open Small-Format Store in South Park

Target Corp. plans to open a location of its new small-format TargetExpress in San Diego’s South Park neighborhood in July 2015.

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Where the Catcher's Mask Meets the Wrestling Masks: Fiesta Padres

The San Diego Padres will mark Mexican Independence Day and Hispanic Heritage Month at Tuesday’s game against the Philadelphia Phillies with some Mexican-themed spectacle and celebration.

UC Regents to Consider Establishing VC Fund

The University of California Board of Regents is set to hear a proposal that would establish a multimillion-dollar venture capital fund to back startups founded on student and faculty research.

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FDA Approves Immunodeficiency Treatment From Halozyme Therapeutics And Baxter

San Diego-based Halozyme Therapeutics and Baxter International Inc. announced that the United States Food and Drug Administration approved Baxter’s subcutaneous treatment, HYQVIA, for adult patients with primary immunodeficiency.

Youngevity Announces Closing of Subsidary's Private Placement Offering

Youngevity International Inc., a Chula Vista direct marketing business of gourmet coffees and other products, said is wholly owned subsidiary, CLR Roasters, completed a previously announced $4.35 million sale of secured convertible notes and warrants for an aggregate total of $4.75 million.

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Douglas Wilson Cos. Acquires Spring Valley Development Land for $5.7 Million

San Diego-based Douglas Wilson Cos. has purchased 50 acres of land in Spring Valley for $5.7 million, with plans for development of residential and neighborhood-serving commercial components.

Opera Outreach Coming to a Neighborhood Near You

In an effort to expand its audience, the revitalized San Diego Opera, which was rescued from liquidation in April, launched a free outreach program called Opera Exposed.

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ResMed Integrates Its Sleep Apnea Monitoring With Network's Electronic Medical Records

ResMed, a San Diego-based company that develops medical devices for sleep apnea and other sleep-related breathing disorders, announced that its AirView compliance management is now connected to Fairview Health Services' Epic EHR system, enabling up to date delivery of sleep apnea patient data for use by the medical staff of Fairview, a network of hospitals and clinics throughout Minnesota.

San Diego Office of Tetra Tech gets $7.9M Navy Deal

The U.S. Navy said on Sept. 12 that it awarded the San Diego office of Tetra Tech EC a $7.9 million deal to conduct munitions clearance at the former Adak Naval Air Facility in Adak, Alaska.

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Wal-Mart Hiring 85 for Poway Store Expansion

Wal-Mart Stores Inc. plans to hire 85 new workers as part of an expansion underway at its Poway Walmart location, set for completion this fall.

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Realty Income Officials Ring Closing Bell at NYSE

Leaders of Realty Income Corp. recently rang the closing bell of the New York Stock Exchange, marking the Escondido-based company’s 20th anniversary as a publicly traded company.

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Ceremonial First Cut of Steel Made on Nassco 5 Ship Project

Mayor Kevin Faulconer made the ceremonial first cut of steel for an order of five commercial tanker ships being built in San Diego by General Dynamics Nassco.

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Emmes Completes $10M Renovation of Downtown Tower

Emmes Realty Services recently completed a $10 million renovation of 1 Columbia Place, the 27-story downtown San Diego office tower that it purchased in 2012 for approximately $135 million.

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Viking Therapeutics Inc. Prices Planned IPO

San Diego-based Viking Therapeutics Inc., a biotech company developing treatments for diabetes and metabolic disorders, has announced the estimated pricing of its initial public offering at $55 million – 5 million shares at a price range of $10 to $12.

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RF Industries Ltd. Reports Third Quarter Results

RF Industries Ltd., a San Diego-based maker and distributor of wireless cable assemblies, reported fiscal 2014 third quarter sales of $5.5 million, down from $9.4 million in sales for the like quarter of 2013.

SmartDrive Systems Moves Headquarters to New S.D. Location

SmartDrive Systems, a San Diego provider of video recording systems aimed at helping to improve vehicle fleet driver performance, said it relocated to larger headquarters offices in Sorrento Valley.

The Business Events Calendar for the Week of Sept. 15, 2014

Some of the business events scheduled in the county for the week of Sept. 15, 2014.