San Diego Business Journal

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Qualcomm Powers Ahead

AUTOS: Company to Charge Electric Vehicles Wirelessly

Qualcomm Inc. brought a U.K.-based electric-powered racecar, the 850-horsepower Lola-Drayson B12/69EV, to its main Sorrento Valley campus recently to display the technology behind its latest foray into wireless electric vehicle charging systems.

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Biotech Hubs Are Firm’s Stepping Stones to Success

BIOTECH: BioSurplus Looks for Boston Outlet, Also Expanding Services

BioSurplus is ambitiously making its way into major biotech hubs one metropolitan area at a time.

Sauer Purchases Assets of Poway-Based Wind Energy Firm

Energy: Helix Name Kept; Acquisition Said To Be Boon to Region

Compatible wind turbine companies are combining forces with the recently announced acquisition of Poway-based Helix Wind Corp. by Sauer Energy Inc. of Newbury Park.

SDG&E Lauds Green Energy, Clean Transportation ‘Champions’

San Diego Gas & Electric Co. is giving credit for green practices by recognizing 13 local businesses as Energy Champions and three local organizations as Clean Transportation Champions.

Drug Combination Targets Brain Cancer

BIOTECH: UC Hospitals Host Tocagen Clinical Trials

An investigational treatment for recurrent brain cancer developed by San Diego-based Tocagen Inc. is being studied in trials under way at UC San Diego Moores Cancer Center.

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New Critical Care Building Is Part of Hospital’s Expansion

MEDICINE: Encinitas Facility Being Upgraded to Meet Increasing Demand

Scripps Memorial Hospital Encinitas plans to more than double the size of its emergency department with the addition of a two-story Critical Care Building now under construction.

‘Hot Sector’ on View at Wireless Health Convergence Summit

TECHNOLOGY: Wireless Health Care Connects Patients and Caregivers

Applying innovations in wireless health to real-world settings will be one of the recurring themes at the Wireless Health Convergence Summit set for May 23-24 at the Manchester Grand Hyatt in San Diego.

Sempra Pushes Ahead on Baja Wind Farm

San Diego-based Sempra Energy expects to begin construction of the 156-megawatt Energia Sierra Juarez wind project in Baja California, Mexico, as early as this year.

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Serving a Purpose

HUMAN RESOURCES: Cooking Uses Ingredients of Team Building

The kitchen can be a great gathering place for parties and is often the hub of family socializing, but who would have ever thought the warm and relaxing setting would be a venue for human resources activities.

Construction Expected Soon at Sempra’s Baja Wind Farm

San Diego-based Sempra Energy expects to begin construction of the 156-megawatt Energia Sierra Juarez wind project in Baja California, Mexico, as early as this year.

Hologic Buying Gen-Probe Inc. For $3.7 Billion

San Diego-based Gen-Probe Inc., which develops and manufactures molecular diagnostic products and services used primarily to diagnose diseases, screen blood and ensure transplant compatibility, is being acquired by Hologic Inc. in a $3.7 billion deal.

Nicolet Sale Is Part of CareFusion’s Upsizing

BIOTECH: Concentrating on Core Growth Areas Is the Aim

Locally based CareFusion Corp. is selling its Nicolet business to Natus Medical Inc. for $58 million as part of a portfolio adjustment strategy that has involved divesting five nonstrategic businesses and completing four acquisitions during the past few years.

Center Offers Preventive Health Pit Stop for Execs

MEDICINE: Thorough Evaluations Give Clients Well-Being Action Plan

Some people go to the gym and others to the doctor’s office in pursuit of optimal health and wellness.

Dexcom, Foundation Working to Develop Diabetes Device

BIOTECH: Wireless Transmitter Would Link To Artificial Pancreas

Dexcom Inc. is on a quest to make wireless advancements that will give diabetes patients convenient tools to manage their disease.

New CEO Is Named at UCSD Health System

Paul S. Viviano, chairman of the board and CEO of Alliance Healthcare Services, is replacing Thomas E. Jackiewicz as CEO of UC San Diego Health System effective June 1, 2012.

Hologic to Buy Gen-Probe for $3.7B

San Diego-based Gen-Probe Inc., which develops and manufactures molecular diagnostic products and services used primarily to diagnose diseases, screen blood and ensure transplant compatibility, is being acquired by Hologic Inc. in a $3.7 billion deal.

Hologic to Buy Gen-Probe for $3.7B

San Diego-based Gen-Probe Inc., which develops and manufactures molecular diagnostic products and services used primarily to diagnose diseases, screen blood and ensure transplant compatibility, is being acquired by Hologic Inc. in a $3.7 billion deal.

AstraZeneca to Acquire Biotech In $1.26B Deal

AstraZeneca has agreed to buy San Diego-based biotech Ardea Inc. in a $1.26 billion deal.

Sotera’s Patient Monitoring Device Receives FDA Clearance

MEDICINE: Wireless Technology Promotes Various Uses, Mobility

Hospitals are getting a new tool for monitoring vital signs continuously now that the FDA has given 510(k) clearance for San Diego-based Sotera Wireless Inc.’s ViSi Mobile System.

Firm Pursues U.S. Development of Japanese Drugs

MEDICINE: MediciNova Plans to Expand Markets And Uses for Substances

It’s rare for the Japanese to develop drug compounds outside their country due to differences in regulatory standards, guidelines and culture.

Local Life Sciences Firms Draw the Cash in 1st Quarter

FINANCE: Investment Increases Locally, While Declining Nationally

Sapphire Energy Inc., Celladon Corp. and Aragon Pharmaceuticals took the lion’s share of local venture capital in a first quarter of an investment cycle that favored the life sciences.

Marshall Edwards Receives Additional U.S. Patent

A patent covering one of San Diego-based Marshall Edwards Inc.’s lead cancer drug candidates has been issued by the U.S. Patent and Trademark Office.

AstraZeneca to Acquire Local Biotech for $1.26B

AstraZeneca has agreed to buy San Diego-based biotech Ardea Biosciences in a $1.26 billion deal announced April 23.

Kyocera Communications Wins Recycling Award

The recycling efforts of San Diego-based wireless phone provider Kyocera Communications Inc. are being recognized this month with a Director’s Recycling Award from the City of San Diego’s Environmental Services Department.

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Wind Farms See the East County as Good Place to Turn a Profit

ENERGY: Area One of the Best in U.S. for Developing Renewable Resources

Global wind energy companies such as Iberdrola Renewables and Invenergy are gravitating to San Diego’s East County, where there’s fertile ground for developing wind farms.

Solar Energy Companies Report Growth in Revenue, Head Count

ENERGY: Availability of Financing Tools Helps Industry Grow, CEO Says

Growth at San Diego-based Sullivan Solar Power is reflective of the healthy climate solar energy is experiencing in the region, according to companies in the industry.

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Key Ingredient in Biofuels: Money

ENERGY: Investors and Customers Back Products

Biofuels producer Sapphire Energy Inc. and distributor Pearson Fuels are gaining traction as alternative sources of fuels catch on at the pump and with investors.

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After 14-Year Adventure, Poseidon Getting Close to Building Plant

WATER: Desalination Project Would Deliver 50M Gallons Per Day

Poseidon Resources’ prospects for building a desalination plant in Carlsbad are moving into the home stretch, with a draft water purchase agreement on the table with the San Diego County Water Authority.

UCSD Medical Center Among Nation’s Top 100 Hospitals, Report Says

UC San Diego Medical Center in Hillcrest is being recognized as one of the top 100 hospitals in the U.S. in a Thomson Reuters report released April 16.

Biopharmaceutical Company’s Purchase Complements Its Acquisition of Local Biotech

Specialty biopharmaceutical company Shire plc of Dublin recently acquired Cambridge, Mass.-based Pervasis Therapeutics in a strategic alliance that builds on Shire’s acquisition of La Jolla biotech Advanced BioHealing last year.

Local Pharmaceutical Company Raises $10M

Tioga Pharmaceuticals closed on a $10 million Series B equity financing, the San Diego-based pharmaceutical company announced April 12.

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Palomar Health Finishes Construction on ‘Hospital of the Future’

HEALTH CARE: District Plans to Open $956M Facility in August

Palomar Health has completed construction on its 11-story, $956 million Palomar Medical Center.

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New Stem Cell Treatment Could Be Ailing Dogs’ Best Friend

BIOTECH: Firm Eyes Huge U.S. Market for Orthopedic Treatments

Stem cells are versatile enough to have shown promise in treating a variety of conditions from neurodegenerative diseases to cardiac, ophthalmic, autoimmune and skin diseases.

Leadership Changes at Local Biotech Firms

BIOTECH: Optimer Replaces Chairman; CryoPort CEO Resigns

Management shakeups at local biotechnology companies Optimer Pharmaceuticals Inc. and CryoPort Inc. are rattling the leadership but are not expected to have detrimental effects on long-term operations.

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Real Estate Roundup

Projects, developments and other activity in cities in and around San Diego County

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Cruise Line Sees Opportunity in Mexico

TRAVEL: Port Investments Could Highlight Destinations

While some cruise ships are being pulled from their San Diego to Mexico routes, Carnival Corp. is committing to investing $150 million in port infrastructure along Mexico’s Pacific and Caribbean coasts. The eventual expansion could boost local cruise business, say tourism officials.

Business Journal Awards Recognize IT Innovators’ Accomplishments

Local technology innovators Stephen Coggeshall and Rich Pickett are being honored for excellence in the field of information technology at this year’s IT Executive of the Year Awards sponsored by the San Diego Business Journal.

Good Company Guaranteed at Best Places to Work Event

AWARDS: Surveys Give Best Workplace Practices Well-Deserved Recognition

The busy days of tax time didn’t stop the local Moss Adams LLP staff from expressing the opinion that its office is one of the best places to work.

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Real Estate Roundup

Projects, developments and other activity in cities in and around San Diego County

Colorado Partners With San Diego Firm on Overseas Voting System

Everyone Counts Inc. of San Diego recently garnered a five-year contract to provide its online ballot system to Colorado’s military and other overseas citizen voters from the state’s 64 counties.

Hometown Firm Lands Funding for Vertical Farm

AGRICULTURE: Stacking Plants Saves Space, Water, Fertilizer; 7 Acres in 1

The time is ripe to bring an innovative farm to the region, say Home Town Farms co-founders Dan Gibbs and Mike Castro.

Initiative Gives Military Members a ‘Transition Team’

WORKFORCE: Civilian Work Experiences Help With Next Career Step

When Tyler McConnell leaves the military next month he’ll be among the fortunate ones having a plan of action for starting a civilian life.

SDBJ Event to Shine Spotlight on Companies’ Wellness Programs

HEALTH CARE: Workers’ Efforts to Stay Healthy Aid Firms’ Bottom Line

Intercare Insurance Solutions LLC of San Diego does more than just support a healthy workplace to show its dedication to corporate wellness. In addition to providing yoga classes, sports activities and a health and wellness room, the full-service brokerage and consulting firm continues to sponsor the San Diego’s Healthiest Companies awards events in conjunction with the San Diego Business Journal.

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Real Estate Roundup

Projects, developments and other activity in cities in and around San Diego County

Business Journal Event Honors Region’s Leading IT Executives

TECHNOLOGY: Awards Ceremony Set for April 19; 500 Attendees Expected

David Kay has helped a company increase its sales from $1.5 million to $75 million in one year; has nearly 30 years of experience in the computing and software industries; and guided the development of one of the first notebook computers.

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Cymer’s Revenue, R&D Spending Increase

TECHNOLOGY: Firm Developing Next-Generation Light Source

Cymer Inc. says it is spending a large chunk of its record revenue from 2011 on research and development to advance its technology.

Power Deals Give SDG&E a Greener Grid

UTILITY: 300 Megawatts Of Clean Energy to Be Added

San Diego Gas & Electric Co.’s plans to purchase power from wind and solar farms brings the company a step closer to meeting the state’s goal of attaining 33 percent of its energy from renewable sources by 2020.

Real Estate Roundup

Projects, developments and other activity in cities in and around San Diego County

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Sold on Walmart as Economic Stimulus

RETAIL: Store Expected to Draw Customers, Other Businesses to Area

A Walmart store arriving in South San Diego this fall is expected to bring a needed lift to business activity as well as add more than 250 jobs.

Real Estate Roundup

Projects, developments and other activity in cities in and around San Diego County

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