San Diego Business Journal

SDBJ WEEKLY EDITION

There’s Always Something to Grouse About in Spending Bills

What has more moving parts than all of the aircraft parked at Lindbergh Field? Probably the legislation that lets the Pentagon spend money.

NTC Foundation Names General Manager

The NTC Foundation has named Lisa Johnson to be general manager of the NTC Arts & Culture District at Liberty Station.

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Isis Brings Big Pharma on Board for Its Antithrombotic Drug

BIOTECH: Deal With Bayer May Be Worth Up to $375 Million

Isis Pharmaceuticals has landed a megadeal with aspirin-maker Bayer AG to move a potential blockbuster drug from the lab to the market.

ResMed Releases ASV Device Results

Medical device maker ResMed announced that a major clinical trial that sought to show its sleep therapy products protected heart failure patients actually slightly increased the risk of death.

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Boutique Movie Theater Opening in San Diego

CINEMA: 12-Screen Theater to Feature Creative Concessions

Angelika Film Center & Café, a boutique-oriented affiliate of Los Angeles-based movie theater operator Reading International Inc., plans to open its first West Coast location at Carmel Mountain Plaza in San Diego.

DeVry Names Pace President of S.D. Campus

EDUCATION: He Was Campus Director In Tampa Previously

DeVry University announced the appointment of Gregory Pace as president of its San Diego campus.

An Infomercial Could Be In Inventor’s Future

Tara Brown of Pacific Beach is an ophthalmologist, wife and mother of two young children, which makes her mornings quite busy.

Company Is Planning to Open Wi-Fi Door for LTE Data

WIRELESS: Could Improve Security for Internet of Things

People don’t normally mix strings of pearls with tennis shoes when they dress for the day.

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Industrial Options Grow in N. County

PROPERTY: Spec Projects Aim to Meet Expected Demand

As the improving economy fills up industrial spaces in central San Diego, local companies such as SR Commercial are betting on continued rising demand in North County for manufacturing, warehousing and distribution properties.

DTZ, Cushman Deal To Bring Changes

REAL ESTATE: Personnel Duplications Currently Exist

When the parent of commercial brokerage company DTZ took over Cassidy Turley earlier this year, it was tough to discern any local change in the former Cassidy Turley’s business model beyond the new name.

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Kratos Is Exploring Strategic Alternatives

DEFENSE: Investment Bank Helping Co. Review Business

Directors at Kratos Defense & Security Solutions Inc. are mulling some major changes.

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A ‘TEST MARKET’

BIOTECH: Bioprinter Aims to Give L’Oreal Tissue for Product Testing

Organovo has landed a research partnership with beauty conglomerate L’Oreal to create 3-D bioprinted human skin to test cosmetics.

Sandag Needs to Be a Trailblazer for Public Transit

The San Diego Association of Governments is in the process of updating its plan for how our region will grow in the coming decades.

The Young Are Not Ready for Working World

Labor force projections estimate 6.3 million job openings in California between 2010 and 2020.

JFS’ Contributions to Improving Community Health Are Honored

Jewish Family Service of San Diego was recognized by the County of San Diego Health & Human Services Agency at the 14th annual Live Well San Diego Public Health Champion Awards.

UCSD Health System to Partner with El Centro

HEALTH: Hospital In Rancho Mirage Is Also in Talks

UC San Diego Health System and the City of El Centro are entering into an agreement to expand health care services to Imperial Valley, the university announced.

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The Boulder and the Beautiful

Perched on a hilltop on the far eastern edge of San Diego County is a one-of-a-kind estate. The home was built by noted San Diego-based Hubbell & Hubbell Architects, experts in environmentally sustainable design practices and technologies.

Retrofitting and Regulations Are Keeping Lighting Cos. Busy

ENERGY: Lighting Now Must Fit Into Energy Savings Scheme

The need for commercial buildings to cut energy costs is driving rapid growth for San Diego-based Western Light Source and Western Energy Control Solutions.

It’s Dawn for Daybreak Games as It Establishes New Identity

GAMING: New Owner Opens New Possibilities For Former Sony Property

The arrival of new owners was only the first change at San Diego-based Daybreak Game Co. LLC in what is likely to be a memorable year.

15 Companies That Are No Longer Public

(** Numbers indicate the company’s ranking, based on revenue, in the San Diego Business Journal’s 2005 list of the top public companies)

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Changing Landscape

Public Cos. Love Us, But Some Still Leave Us

Jack in the Box Inc. began selling hamburgers at a single restaurant on El Cajon Boulevard when Harry Truman was president.

Pizicato Lets You Do More Than Just Sing Praises of Musicians

Two North County residents have come up with software that functions as a “digital tip jar” for musicians.

Local Retail REITs Reap the Profits of Solid Fundamentals

PROPERTY: Consumer Spending, Lack of New Development Are Pluses

Escondido-headquartered Realty Income Corp. recently made headlines when it joined the prestigious list of large U.S. companies tracked on the S&P 500 index.

Tri-City Buying An Advanced CT Scanner

BIOTECH: Device Can Rapidly Rule Out Cardiac Disease

The Tri-City Healthcare District Board of Directors has approved the purchase and installation of one of the most advanced computed tomography (CT) scanners on the market, enabling its radiologists to make quick and accurate diagnoses for patients.

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Discovery May Give Company The Silver Bullet for Biofilm Fight

BIOTECH: Eco-Friendly Discovery Could Have Multiple Applications

Biofilm could be described as a bulletproof vest for bacteria.

Novatel Reports Q1 Net Loss

Novatel Wireless Inc., the Sorrento Mesa electronics maker, reported a net loss of $7.8 million on net revenues of $53.5 million during the first quarter of 2015.

This Mix of Talent Will Serve Us Well

Lisa Richards and Kathy Koenig, who competed for decades as two of the largest local catering businesses in San Diego, are joining forces. Or shifting forces. Simply put, they are now working together.

Voss Named President of Manchester Subsidiary

TOURISM: Navy Broadway Complex to Be Part of His Focus

Tom Voss has been named as president of Manchester Hospitality Group, a subsidiary of San Diego-based Manchester Financial Group.

Silvergate Bank Reports Q1 Net Income of $1.2M

FINANCE: CEO Touts Strong Growth In Residential Lending

La Jolla-based Silvergate Bank reported first quarter net income of $1.2 million, up from the $943,000 announced during the like quarter last year.

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BizAir Lands Spot at McClellan-Palomar

TRAVEL: Airport Aims For 20-Year Master Plan

McClellan-Palomar Airport in Carlsbad recently saw the permanent departure of United Express, but is now awaiting the June arrival of a relatively new carrier known as BizAir Shuttle, which plans to provide regional charter service to Los Angeles.