San Diego Business Journal

SD BUSINESS JOURNAL DAILY ENEWS

Shareholder, Sorrento Settling Legal Dispute

Sorrento Therapeutics Inc. has finally received a stamp of approval from an activist minority shareholder who sued the local drugmaker last summer. The parties say dismissal of the lawsuits is on the horizon.

By Brittany Meiling March 20, 2017 2:08 p.m. share »
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Forbes Billionaire List Includes 5 With San Diego Ties

Five people with San Diego County ties made this year’s annual list of the world’s billionaires, published by Forbes magazine.

By Lou Hirsh March 20, 2017 12:53 p.m. share »
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Robert Wechsler-Reya to Lead Rady's Genome Research Center

A professor at San Diego’s Sanford Burnham Prebys Medical Discovery Institute has been appointed director of the Joseph Clayes III Research Center for Neuro-Oncology and Genomics at Rady Children’s Institute for Genomic Medicine.

By John Cox March 20, 2017 11:28 a.m. share »
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Preston Klassen Named CMO at Arena Pharmaceuticals

Local diet pill maker Arena Pharmaceuticals Inc. has recruited a former executive at Orexigen Inc., another weight-loss drugmaker in San Diego, to serve in the company’s leadership.

By Brittany Meiling March 20, 2017 11:12 a.m. share »

Peregrine Semiconductor Acquires Arctic Sand Technologies

San Diego-based Peregrine Semiconductor Corp. has acquired Arctic Sand Technologies, a Burlington, Mass.-based designer and manufacturer of power converters seen as enabling smaller and more efficient smartphones and other products.

By John Cox March 20, 2017 10:57 a.m. share »

Airport Board Approves Construction of $229M Inspection Facility to Serve International Arrivals

San Diego International Airport officials have approved moving forward with plans to build a new $229.47 million federal inspection services facility in Terminal 2 West, slated to open in June 2018.

By Lou Hirsh March 19, 2017 1:07 p.m. share »

County Construction Jobs Increased by 3,500 in 2016

Construction employment in San Diego increased by 3,500 jobs in 2016, according to an analysis of federal data by the Associated General Contractors of America.

By Sarah de Crescenzo March 19, 2017 1:05 p.m. share »
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BioLabs Coworking Space Graduates Two Funded Startups

Two biotech startups are graduating out of San Diego’s newest life science coworking space, BioLabs, after scoring new capital.

By Brittany Meiling March 19, 2017 1:04 p.m. share »
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Trump's Proposed Budget Cuts Seen as 'Catastrophic' By Some Local Biotech Leaders

President Donald Trump’s blueprint is out for next year’s federal budget, and proposed cuts to scientific programs are causing local biotech leaders to balk.

By Brittany Meiling March 19, 2017 1:04 p.m. share »

The Business Calendar for the Week of March 20, 2017

Some of the business events planned in the county for the week of March 20, 2017, and beyond.

By Steve Adamek March 19, 2017 1:04 p.m. share »

San Diego Awarded $1.6M Grant to Support Region's Defense Contractors

The city of San Diego has been awarded $1.6 million in federal money to support the region’s defense contractors.

By Sarah de Crescenzo March 19, 2017 1:03 p.m. share »

Former City Attorney Jan Goldsmith Joins Procopio

The San Diego law firm Procopio has landed former two-term San Diego City Attorney Jan Goldsmith to serve as an of-counsel lawyer on its litigation team.

By John Cox March 19, 2017 1:02 p.m. share »
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Apartments in P.B. Sold for $2.59 Million

Calowa Investments LLC of Vermillion, S.D., has purchased a six-unit apartment property in San Diego’s Pacific Beach neighborhood for $2.59 million, according to brokerage firm Palma Commercial.

By Lou Hirsh March 19, 2017 12:59 p.m. share »

Airport Board Approves Construction of $229 Million Inspection Facility

San Diego International Airport officials have approved moving forward with plans to build a new $229.47 million federal inspection services facility in Terminal 2 West, slated to open in June 2018.

By Lou Hirsh March 17, 2017 4:17 p.m. share »
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Some Local Biotech Leaders See Trump's Proposed Budget Cuts as 'Catastrophic'

President Donald Trump’s blueprint is out for next year’s federal budget, and proposed cuts to scientific programs are causing local biotech leaders to balk.

By Brittany Meiling March 17, 2017 2:52 p.m. share »

Local Construction Jobs Increased by 3,500 in 2016

Construction employment in San Diego increased by 3,500 jobs in 2016, according to an analysis of federal data by the Associated General Contractors of America.

By Sarah de Crescenzo March 17, 2017 1:07 p.m. share »
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Coworking Space for Biotechs Graduates Two Funded Startups

Two biotech startups are graduating out of San Diego’s newest life science coworking space, BioLabs, after scoring new capital.

By Brittany Meiling March 17, 2017 12:45 p.m. share »

Business Calendar for March 20, 2017

Some of the business events scheduled in the county for the week of March 20, 2017, and beyond.

By Steve Adamek March 17, 2017 12:44 p.m. share »
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Apartments in Pacific Beach Sold for $2.59 Million

Calowa Investments LLC of Vermillion, S.D., has purchased a six-unit apartment property in San Diego’s Pacific Beach neighborhood for $2.59 million, according to brokerage firm Palma Commercial.

By Lou Hirsh March 17, 2017 12:20 p.m. share »

SDG&E Announces Four-Year Pilot Project With Sumitomo Electric

San Diego Gas & Electric Co. said it has agreed to test so-called flow battery technology through a new, four-year pilot project with Sumitomo Electric.

By John Cox March 16, 2017 5:44 p.m. share »