San Diego Business Journal


WD-40 Co. Reports $52.6 Million in Net Income for 2016

WD-40 Co. reported a 20 percent increase in profits for fiscal 2016.

Organovo Holdings Hopes to Raise $25M in Public Stock Offering

Organovo Holdings Inc., the San Diego firm that “bioprints” three-dimensional human tissue, is hoping to raise $25 million in a public offering of its stock.

Abacus Data Systems Inc. Rolls Out New Brand: Abacus Next

San Diego-based Abacus Data Systems Inc. has taken a new name: Abacus Next.

Michael J. Kamdar Takes Helm at Molecular Assemblies Inc.

San Diego biotech Molecular Assemblies Inc. has appointed Michael J. Kamdar as CEO and director.

Scripps Whittier Diabetes Institute Receives $2.9 Million NIH Grant

The Scripps Whittier Diabetes Institute has received a $2.9 million grant from the National Institutes of Health – its third from the agency in 13 months – to study the effectiveness of algorithm-driven text messages in managing the disease among high-risk Latinos in San Diego County.

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Kleinfelder Names John A. Murphy CFO, Patrick Schaffner SVP

Civil engineering firm Kleinfelder on Thursday said John A. Murphy has been named chief financial officer and executive vice president and Patrick Schaffner has been named senior vice president and director of human resources.

Qualcomm Bringing 5G Modem to Market

Qualcomm Inc. said it is bringing a fifth-generation modem to market, offering a way for wireless devices to communicate at ultra-fast speeds over dedicated radio frequencies.

East Village Project With Ritz-Carlton Hotel Gets City Approval

The San Diego City Council has approved the city’s first Ritz-Carlton Hotel, along with a Whole Foods grocery store and housing, in a $400 million mixed-use development project in East Village.

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Alex Rogers Named President of Qualcomm Technology Licensing

Qualcomm Inc. appointed Alex Rogers as president of its intellectual property arm, Qualcomm Technology Licensing. Rogers, a 15-year employee, has led Qualcomm’s licensing arm since March and has led its litigation department since 2007.

SDSU to Offer Online Business Administration Degree

San Diego State University is launching an online undergraduate business administration degree program.

Martin Latterich Named Vice President at Histogen Inc.

San Diego’s Histogen Inc., a regenerative medicine company, has appointed Martin Latterich as vice president of technical operations.

Betty Ford Center to Open Treatment Center in Del Mar Heights

The Betty Ford Center plans to open a new outpatient addiction treatment center in mid-December in Del Mar Heights.

LRAD Corp. Receives $1.3M Contract From Undisclosed Foreign Company

LRAD Corp. received a $1.3 million order for mobile mass-notification systems, the North County company announced on Oct. 18.

Navy Awards Poway Company Five-Year, $35.7 Million Contract

A new U.S. Navy contract may be worth up to $35.7 million for a Poway-based company.

American Wave Machines to Equip Australian Venue

Solana Beach-based American Wave Machines Inc. has landed a contract to equip an indoor surf venue in Australia with its SurfStream wave machine.

San Diego Chosen to Host Extreme Sailing Series in 2017

An international sailing competition known for staging high-speed races in exotic locales will make its debut in San Diego next year as part of a return to the Americas after six years away.

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Michael O’Hanlon Appointed COO at OliverMcMillan

Commercial real estate development firm OliverMcMillan said Tuesday it has hired Michael O’Hanlon as chief operating officer.

Ray Padilla Hired to Run Odgers Law Group's New Mission Valley Office

San Diego estate planning law firm Odgers Law Group has opened an office in Mission Valley and hired attorney Ray Padilla to run it.

Sirenas, Calibr to Collaborate on Drug Discovery and Development

Biotech upstart Sirenas LLC is collaborating with the California Institute for Biomedical Research (Calibr) to discover and develop drugs.

Sempra's Mexican Subsidiary Exceeds Goal in Private/Public Offering

Sempra Energy announced its Mexican subsidiary has raised more than anticipated in a public and private offering of common stock set to close Oct. 19, selling the equivalent of $1.575 billion, or 10 percent more than originally expected.