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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.
Geneva Health Care Inc., a San Diego-based medical technology company, announced that Sharp Healthcare will begin using the Geneva Healthcare Suite, a technology platform for managing data from cardiac devices.
Northrop Grumman Corp. announced that it delivered the first operational large version of its MQ-8 Fire Scout, an unmanned helicopter, to its U.S. Navy customer.
Rob Chandhok, a senior executive with 14 years of experience at Qualcomm Inc., has left his position.
Imprimis Pharmaceuticals Inc., a San Diego-based company focused on drug combinations, has entered into an agreement to acquire South Coast Specialty Compounding Inc., doing business as Park Compounding, for $4.137 million in cash, stock and deferred payments, according to a recent regulatory filing.