SD BUSINESS JOURNAL DAILY ENEWS
La Jolla-based biotech Ambrx Inc. secured a $15 million payout from Bristol-Myers Squibb, with milestone payments tallying as much as $97 million.
Japan’s Fair Trade Commission gave its blessing on the pending acquisition of San Diego-based Cymer Inc. by ASML Holding NV, based in the Netherlands.
Excel Trust Inc. saw first quarter revenue rise 38 percent from the same period a year ago, according to a statement from the San Diego-based real estate investment trust.
La Jolla-based Abide Therapeutics Inc. has entered a drug development deal that could bring in up to $430 million with drug maker Merck & Co. Inc.
San Diego-based RedIT announced it has opened a “data park” in Mexico City.
It’s a mealtime treat with some bleat. The Honest Kitchen has augmented its pet-food line with Pro Bloom, a shelf-stable instant goat’s milk with digestive enzymes and probiotics.
Business events in and around San Diego County for the week of May 6-May 12.
Revenue for Life Technologies was $963 million for the quarter ending March 31 — a 2.5 percent increase over the $939 million reported for the first quarter of 2012.
Fast-casual restaurant chain Smashburger has opened a new location in San Marcos, its 11th in San Diego County.
Sempra Energy, San Diego’s parent to San Diego Gas & Electric and other entities, reported first quarter net income of $178 million, down from $226 million in net income for the first quarter of 2012.
Led by a drop in the number of unemployment claims, an index tracking San Diego’s economy increased 0.3 percent in March.
BioMed Realty Trust Inc. posted a company record $160.5 million in revenue for its first quarter ending March 31, an increase of 33.7 percent from the year-ago period.
The U.S. Chamber of Commerce Foundation is hosting a Hiring Our Heroes job fair at Camp Pendleton May 7 aimed at the spouses of active duty, guard, reserves, and retired veterans.
San Diego-based clinical diagnostic lab Millennium Laboratories has appointed health care executive W. Brock Hardaway as its new CEO.
Nominations for the San Diego Business Journal’s Annual Fastest Growing Private Companies will close today, May 3.
Revenue for San Diego diabetes testing equipment maker DexCom Inc. rose to $27.8 million for the first quarter of 2013.
The Cheesecake Factory, Eddie V’s and Seasons 52 have joined the roster of new restaurants set to debut at The Headquarters, the $40 million retail center being developed in downtown San Diego by Terramar Retail Centers, in the former Old Police Headquarters building.
San Diego Gas & Electric has launched a new Environmental Champions initiative, in which it’s donating $1 million to fund local environmental nonprofit organizations in San Diego and southern Orange counties.
Casual clothing retailer Madewell Inc. is scheduled to open its first San Diego County store May 7 at Fashion Valley mall.
Leap Wireless International Inc., the San Diego flat-rate wireless carrier that does business under the Cricket brand, reported a first quarter net loss attributed to common shareholders of $111.3 million compared with a net loss of $98.4 million in the like quarter of 2012.