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San Diego-based Aethlon Medical Inc., a medical device company developing therapies for infectious diseases and cancer, announced that the U.S. Food and Drug Administration (FDA) has approved a clinical protocol to treat Ebola-infected individuals in the U.S. with the Aethlon Hemopurifier.
PRODUCTION: Region Sees Gains in Variety of Sectors and Specialties
Nassco, the San Diego shipbuilding unit of General Dynamics, held a steel-cutting ceremony last month marking the beginning of work on the second of five oil tankers it is building.
The U.S. Navy announced on Dec. 30 that it awarded Lockheed Martin Corp. a contract to provide information technology for the P-8A Poseidon aircraft. Some 16 percent of the work will be conducted in San Diego.
San Diego-based Vanguard Space Technologies Inc. said on Dec. 29 that Harris Corp., the $5 billion Florida defense contractor, has selected it to produce satellite antenna reflectors. Financial terms of the deal were not disclosed.
The Chinese government is close to settling its antitrust investigation with Qualcomm Inc., according to the Reuters news service, citing a Dec. 26 statement to that effect from China’s National Development and Reform Commission.
BeneChill Inc., a startup established in San Diego eight years ago to develop a rapid-chilling technology to treat patients suffering from heart attacks and brain injuries, intends to raise more than $14.6 million through an initial public offering.
Medical device company ResMed announced a victory in a patent infringement action against Chinese medical device manufacturer BMC Medical Co. Ltd.
ENERGY: Rate Increases, Innovations Boost Green Solutions
Green energy is surging on the commercial side in San Diego.
General Dynamics Nassco, which operates the largest shipbuilding site on the West Coast in San Diego and employs more than 3,000 here, said it recently opened a new repair and maintenance facility in Bremerton, Wash.
Northrop Grumman Corp. sold four Global Hawk unmanned reconnaissance aircraft to South Korea for $657 million.
The U.S. Army said on Dec. 15 that it awarded a contract modification worth $114.6 million to General Atomics Aeronautical Systems Inc.
MEI Pharma Inc., a San Diego-based oncology company focused on clinical development of cancer therapies, announced that it plans to offer up to $45 million in shares of its common stock in an underwritten public offering.
Kearny Mesa defense contractor Cubic Corp. said on Dec. 9 that it received a $12 million contract amendment to provide urban warfare training aids for the government of Canada.
La Jolla Pharmaceutical Co., a business developing therapies for life-threatening diseases, and George Washington University announced that they have entered into an exclusive worldwide license agreement.
Cubic Corp. said on Dec. 8 that it received a contract to improve U.S. Navy electronics, specifically a data link system that handles video among other types of data. The work could be worth as much as $1.3 million.