SD FINANCERecent and archived news stories on: Banks, Credit Unions, Mortgage Lending, SBA, Stocks/Bonds, Venture Capital, Wealth Management...
San Diego-based Otonomy Inc., a clinical-stage biopharmaceutical company focused on the development and commercialization of therapeutics for diseases and disorders of the inner and middle ear, has publicly filed a registration statement with the U.S. Securities and Exchange Commission for a proposed initial public offering of common stock.
Hera Therapeutics Inc., a biotech startup operating in the Janssen Labs incubator, has raised $1.1 million in equity financing from 14 investors, according to a July 9 filing with the U.S. Securities and Exchange Commission.
The San Diego ChallengeHER event on Wednesday July 16 from 9 a.m. to noon is aimed at educating female entrepreneurs about the Women-Owned Small Business Federal Contract Program, and to bring more women-owned businesses into the federal government’s supply chain, according to an announcement from the U.S. Small Business Administration, which is co-sponsoring the event.
Daylight Defense LLC of Rancho Bernardo said that it received a Small Business Innovation Research grant from the U.S. Army to develop next-generation high-power ultraviolet laser capability to support future defense applications.
West Sacramento-based CalSTRS, the pension fund of the California State Teachers’ Retirement System, bought a three-building office portfolio in Carmel Valley for $39.2 million, according to CoStar Group and public data.
PriceSmart Inc., the San Diego operator of warehouse club stores in Latin America and the Caribbean, reported third quarter revenue of $615 million, up from $571.7 million for the like quarter of 2013.
Those seeking decent employment in San Diego should probably focus on high-tech, according to a report on Hot Careers 2014 from UC San Diego’s Extension.
FINANCE: Recent Successful IPOs Expected To Fuel More Investment
David Titus was in a great mood when he delivered the opening remarks for the recent San Diego Venture Summit.
VENTURE: Region Lured 7 Firms To Set Up Shop and Invest
The money men — and women — are venturing back to San Diego.
Gen Y consumers, those in their 20s and 30s, are being courted by everyone, including credit unions, which say they’re making significant inroads to capturing a large portion of the market.
San Diego-based MabVax Therapeutics Inc., a privately held cancer immunotherapy company, and Telik Inc., a publicly traded clinical-stage oncology drug development company, have finalized their merger.
A San Diego entity recorded as Niceride1 LLC has purchased an Otay Mesa industrial property for approximately $8.1 million, according to CoStar Group and public data.
The city of Carlsbad and MiraCosta College have partnered to open a new Technology Career Institute, in a city-owned building where the college will train workers to fill a growing demand for industrial technicians.
Four San Diego office buildings are part of a seven-state, 37-property commercial portfolio acquired by an affiliate of Dallas-based Lone Star Funds for $214.4 million, according to CoStar Group and public data.
A San Francisco-based affiliate of New York Life Investment Management LLC has purchased the Centerpoint Plaza office building in Carlsbad for approximately $26.2 million, according to CoStar Group and public data.