San Diego Business Journal

SD BUSINESS JOURNAL DAILY ENEWS

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ViaCyte Gets $20M in Rights Agreement With Janssen

San Diego-based ViaCyte Inc. announced that it has entered into a rights agreement with Janssen Research & Development LLC, one of the Janssen Pharmaceutical Companies of Johnson & Johnson.

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Illumina Inc. Partners With Pharma Companies for Oncology Test System

Illumina Inc. announced it has formed collaborative partnerships with AstraZeneca, Janssen Biotech Inc. and Sanofi to develop a universal next-generation sequencing oncology test system.

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Peregrine Semiconductor Stock Soars on News of Planned Sale to Japanese Company

Shares of San Diego-based Peregrine Semiconductor Corp. rose 60 percent early Aug. 22 on news that Japan-based Murata Manufacturing Co. Ltd. planned to buy the company for $471 million.

The Business Calendar for the Week of August 25, 2014

Some of the business events planned in the county for the week of August 25, 2014.

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Fenway Properties Obtains $7.1M Loan for Office Renovation in Oceanside

Investment firm Fenway Properties of San Diego has obtained $7.1 million in financing for a planned renovation of Tri-City Corporate Towers in Oceanside.

Hot Dog on a Stick Purchased in Bankruptcy for $12.2M

Carlsbad-based Hot Dog on a Stick reportedly has been purchased by a portfolio company of Los Angeles private equity firm Levine Leichtman Capital Partners for $12.2 million.

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$3.7 Million Card Room Project Underway in Chula Vista

Dempsey Construction Inc. of Carlsbad is at work on a $3.7 million renovation and expansion that will convert an existing property into the new location for Village Club Card Room casino in Chula Vista.

Two Navy Repair Contracts to Bring Work to Local Shipyards

The U.S. Navy announced two ship repair contracts Aug. 22.

2 Navy Contracts Will Bring Work to Local Shipyards

The U.S. Navy announced two ship repair contracts Aug. 22.

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ViaCyte Gets $20M for Rights Agreement With Janssen

San Diego-based ViaCyte Inc. announced that it has entered into a rights agreement with Janssen Research & Development LLC, one of the Janssen Pharmaceutical Companies of Johnson & Johnson.

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Illumina Partners With Big Pharma Companies for Oncology Test System

Illumina Inc. today announced it has formed collaborative partnerships with AstraZeneca, Janssen Biotech Inc. and Sanofi to develop a universal next-generation sequencing oncology test system.

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$3.7 Million Village Club Card Room Project Underway

Dempsey Construction Inc. of Carlsbad is at work on a $3.7 million renovation and expansion that will convert an existing property into the new location for Village Club Card Room casino in Chula Vista.

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Fenway Properties Obtains $7.1 Million Loan for Oceanside Office Renovation

Investment firm Fenway Properties of San Diego has obtained $7.1 million in financing for a planned renovation of Tri-City Corporate Towers in Oceanside.

Minimum Wage Hike Opponents Start Referendum Campaign

Opponents of an approved hike in San Diego’s minimum wage have begun circulating petitions to place the matter before voters, following City Council’s recent override of a mayoral veto.

Business Calendar for Week of Aug. 25

Some of the business events planned in the county for the week of Aug. 25, 2014.

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Peregrine Stock Soars on News of Planned Sale to Japanese Company

Shares of San Diego-based Peregrine Semiconductor Corp. rose 60 percent early Aug. 22 on news that Japan-based Murata Manufacturing Co. Ltd. planned to buy the company for $471 million.

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San Diego Chargers' Worth Is Put at $995 Million

The value of the San Diego Chargers increased by $46 million or 5 percent over the past year to $995 million, according to the annual Forbes report on the National Football League.

113 San Diego County Companies Make Inc's Fastest Growing List

A total of 113 companies based in San Diego County made the 2014 Inc. Magazine’s 5000 Fastest Growing Companies list.

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Work Begins on $28 Million Science Building at Point Loma Nazarene

General contractor Rudolph and Sletten Inc. has begun site work for a new $28 million science building at Point Loma Nazarene University, with demolition of existing buildings underway on the San Diego campus.

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Encinitas Restaurant Building Sells for $6.5 Million

PS2 Pacific LLC of Solana Beach has purchased a vacant beachfront restaurant building in Encinitas for $6.5 million, according to CoStar Group and public data.