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Zogenix Inc., a San Diego-based pharmaceutical company making products for the treatment of pain-related and central nervous system disorders, announced that it has acquired Brabant Pharma, a privately-held U.K.-based pharmaceutical company for $20 million in cash and $15 million in stock, plus potential future milestone and royalty payments.
San Diego-based Ligand Pharmaceuticals Inc. reported $15 million in revenues for the quarter ending Sept. 30, 2014, $7.5 million of which came from royalties.
The Oceanscience Group Ltd., a Carlsbad manufacturer of marine sensor platforms and unmanned surface vehicles, was acquired by Teledyne Technologies Inc., the buyer said.
Quality Controlled Manufacturing Inc., a Santee contract manufacturer, said it will collaborate with the San Diego Workforce Partnership, the local job training agency, to establish a machinist training program at its site with funding in place for the first 12 students.
Stone Brewing Co., the Escondido juggernaut that recently struck deals to build breweries in both Virginia and Berlin, said it plans to open a distribution center in Vista for its national clients.
San Diego-based ResMed Inc., a medical technology company making devices for sleep-related breathing disorders, announced revenue of $380.4 million for the quarter ending Sept. 30, a 6 percent increase compared to the same quarter last year.
Pizza Port Brewing Co.’s craft beer will be distributed outside of Southern California for the first time, as Southern Wine & Spirits of Nevada, an alcoholic beverage distribution company, introduces it to the Las Vegas and Reno markets.
Stone Brewing Co., the Escondido juggernaut that recently struck deals to build breweries in both Virginia and Berlin, said it plans to open a distribution center for its national clients in Vista.
Northrop Grumman Corp. said on Oct. 16 that its JCREW system — an electronic signal jammer designed to foil roadside bombs — made it through an extensive battery of tests at five Defense Department facilities in preparation for deployment in 2015.
Electronic Control Systems and Green Total Solutions, both based in Poway, were acquired by Albireo Energy LLC of New Jersey for an undisclosed price.
Shares of WD-40 Co. gained almost 6 percent Oct. 17, one day after the company announced fourth quarter earnings.
Kratos Defense & Security Solutions Inc. announced several contract wins in the seven-day span of Oct. 9-15.
The U.S. Air Force rebutted a Department of Defense Inspector General’s report alleging that the Air Force is buying too many Reaper drones from General Atomics Aeronautical Systems Inc.
San Diego-based Hubbs-SeaWorld Research Institute and private equity firm Cuna del Mar LP have filed permits to develop an environmentally sustainable, 5,000-metric-ton finfish farm off the San Diego coast.
Escondido-based Stone Brewing Co. plans to invest $74 million in a new East Coast brewing facility planned for Richmond, Va.