JUICE: Investment Boosts Co.’s Capacity, But Doesn’t Change Its Philosophy
Suja Life LLC’s first commercial juice press, a blue machine about the size of a minifridge, still stands on the floor of its Oceanside production facility. But nearby is the real powerhouse: a German-made Flottweg belt press with the ability to squeeze nearly all of the juice from the produce it mashes.
La Jolla-based Sophiris Bio Inc. has borrowed $7 million from Silicon Valley Bank to help finance late stage clinical trials and to extend the company’s cash runway through 2019.
San Diego-based RF Industries Ltd. reported net income of $192,000 or 2 cents per share on net sales of $7.8 million in its third quarter, which ended July 31.
Akcea Therapeutics, a spinout and subsidiary of Carlsbad drugmaker Ionis Pharmaceuticals, has asked for the green light from regulators to sell one of its drugs in Canada.
Lytx said it plans to move manufacturing for its DriveCam video event recorders from mainland China to Indiana.
Local biotech Zavante Therapeutics is teaming up with the National Institutes of Health to see if its antibiotic will fight nasty infections acquired in hospitals.
Public drugmaker Pfenex Inc. is losing two of its top executives: Chief Financial Officer Paul Wagner and Chief Manufacturing Officer Steve Sandoval.
RETAIL: Founders Use Storefront to Test Designs
Graced by Grit has eight full-time employees, but hundreds of social-media influencers regularly showcase its high-end athletic wear for women online.
Local drugmaker MEI Pharma has agreed to pay $2.9 million upfront to Presage Biosciences for exclusive global rights to a potential new drug.
Sempra Energy’s $9.45 billion deal to obtain ownership interest in Texas energy giant Oncor Electric took a step forward on Wednesday.
Ardea Biosciences, the local biotech now owned by AstraZeneca, got the green light from regulators to sell a new drug developed in San Diego labs. It’s the second medicine to make it from Ardea’s labs to the market, and will likely be the last.
San Diego’s Modern Times Beer will be expanding into Portland, Ore., in early 2018, as the Point Loma-based brewer continues to grow its operations footprint beyond San Diego County.
San Diego medical device company Tandem Diabetes Care announced FDA approval and the launch of a new touchscreen insulin pump with continuous glucose monitoring from Dexcom, another local company.
La Jolla Pharmaceutical Co.'s stock is climbing following good news from regulators.