Stories for February 2020

Thursday, February 27

DTx Takes on Delivery of RNA Meds

Pharma: Co. Came Through S.D. Ecosystem, Raises $10.6 Million

Merge 56 Rethinks Its Retail Plans to Fit Changing Scene

Development Will Create Urban Core in Suburban Neighborhood

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City Heights Apartment Complex Sold For $3.1M

Complex has 17 apartments

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Statue Co. Taps Tech And Artistic Sourcing to Reach Right Customers

SEO Skills and Personal Touch Help Keep Co. Competitive

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Kratos Defense Unit Will Contribute to Unmanned Ships

U.S. Navy Wants to Build Up a Network of Vendors

Meritor Buys TransPower

Escondido-based Co. Is a Specialist in Electric Drive Systems

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Nonprofit Farm Aims To Grow Its Opportunities

Property Provides Educational Options, As Well as Event Space

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Home Buying Service Is Putting Cash In San Diego Market

Transaction Allows Home Owners to Make Cash Offer on a New Home

Ligand Pharmaceuticals Purchase Of Icagen Brings Partnerships, Platform

Icagen Inc. Is ‘Cash-Flow Positive and Profitable Business’

Vividion Recruits Former Pfizer Exec For C-Suite

Company Is Targeting ‘Undruggable’ Proteins

TOOTRiS Puts Technology To Work on Child Care Solutions

Tech: Platform Will Serve as Resource for Parents,Providers

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Visionary Realms Has Gamers Anticipating MMO

Cos. Goal Is to Create Engaging Social Games

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Change Is in the Air at Navy’s Old Town Campus

DEFENSE: NAVWAR Wants Better Buildings; Navy and Sandag Eye Mixed-Use Development

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Wednesday, February 26

BlueNalu Raises $20M Series A Round

BlueNalu raised $4.5 million in 2018, bringing its total capital raised to $24.5 million to date.

Power Digital Marketing Hires New Chief Financial Officer

Power Digital Marketing has announced the hiring of Milton Goss as its new chief financial officer.

Mira Mesa Now Home to Kids Coding Center

The Houston, Texas-based franchise, which teaches children age 7 to age 14 to code by showing them how to build video games, has 25 locations open.

Takeda Pharmaceuticals Invests in Biotech Startup Seqster

Software: Company’s Platform Likely to Have Role in Clinical Trials

SDBJ Insider: Going Once… Going Twice…Sold

Heritage Global has big job in aerospace equipment sale.

Golf Grip Co. Keeps Looking for Stroke of Genius

Sport: Innovation in Materials, Manufacturing a Must in $529M+ Market

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Tuesday, February 25

Collaborative Culture Is On Display at Museums

Tourism: Council Gives Sites Visibility, Visitors and a Voice

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Digital Sign Maker Creates Customer Connection

Tech: Ease of Use Is Big Selling Point For Equipment

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Biological Dynamics Gets $1M from Gates Foundation for Tuberculosis Test

San Diego’s Biological Dynamics is set to receive a $1 million grant from the Bill & Melinda Gates Foundation to push forward its tuberculosis test.

Exec Q&A: Eric Hepfer, Managing Director, Hines

Eric Hepfer, Managing Director at Hines, touches on topics such as the River Walk project in Mission Valley

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San Diego International Airport Breaks Passenger Traffic Record

SAN served 25 million passengers in 2019 – of which more than one million were international passengers – a 4% increase over the previous year.

Puffer Malarkey Collective Opens New Restaurant

Puffer Malarkey Collective has debuted its newest restaurant, Wood Yu.

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Monday, February 24

Solana Beach Project Plans Both to Standout and Fit In

Property: Mixed-Use Brings New Product, Preserves Views

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Time Off May Not Take One Out of Talent Pool

Workforce: Right Skills Can Overcome Big Gaps in Résumé

Haynes and Kearns Join Board of Sanford Burnham Prebys Medical Discovery Institute

Sanford Burnham Prebys Medical Discovery Institute has made two additions to its board who are well known in San Diego’s education and health care circles: Karen Haynes and Donald Kearns.

Jackie Robinson Family YMCA Appoints New Executive Director

The Jackie Robinson Family YMCA named Anna Arancibia as its new executive director.

2020 Charity Event Guide

Your guide to San Diego's Charity Events in 2020.

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Chef Works Acquires Bragard Group

Terms of the deal were undisclosed.

Solar Startup Opens Carlsbad Office, Raises $2.5M in Series A

Energy: Company’s Bendable Solar Cells May Bring Advantages

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Restaurant Group Opens Its First Nonprofit Eatery

Dining: South Park Location Will Aim for the Breakfast-Lunch Crowd

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Sunday, February 23

Pathfinder Partners Sells Temecula Centers For $26.1M

Centers are next to each other

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Housing Prices Are Not Moving Toward Affordability

Would-Be Buyers Face Prices That Keep Climbing

After Possible Slow Down, Developers Optimistic in 2022’s Strength

Industrial Will Be King; Some Have Doubts In Retail’s Resilience

Rising Above the Threat Levels

Being secure these days takes more than a doorbell camera and a dog with an attitude problem.

Jenny Craig Appoints David Pastrana as Its New CEO

Company Continues to Plan Expansion, Establish Retail Presence

Callaway Golf Net Sales for 2019 Hit $1.7 Billion

RETAIL: Coronavirus Is Concern, Continues Strategy To Diversify, Grow

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Liberty Call Distilling Sets Right Tone For Barrio Logan Eatery

Company’s Craft Spirits To Take Culinary Role

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AleSmith Named Top Rated Brewery in California by RateBeer

According to a press release, RateBeer, a consumer review website, tallied and rated millions of reviews to create a list of the world’s best beers.

Thursday, February 20

Carlsbad Office Campus Sold For $15.8M

Campus has two buildings

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Virtual Reality Startup Hosts Live Streaming of Coronavirus Research

“The VR perspective and intuitive manipulation allows you to get a really good feel for the structure..."

Escondido Apartments Sold For $8.3M

Complex has 37 apartments Photo courtesy of Marcus & Millichap

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Quarter Finalists Named for San Diego Angel Conference

Applicants have been narrowed down to 27 semifinalists.

OGIO Releases XIX, First Women’s Collection

OGIO has launched its first women’s collection, dubbed XIX (“Nineteen”), in honor of golf's 19th hole.

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Cubic Interactive Tests the Waters Of Advertising and Loyalty Programs

Reaches a Captive Audience on Transit Systems

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1922 La Mesa Building Sold For $2.1M

Ground floor retail to be renovated for restaurant

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Navy Taps Northrop Grumman to Build More Triton Aircraft

DEFENSE: $172 Million Deal Includes Operating Base; Tritons Deployed To the Pacific

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Wednesday, February 19

Upscale Lakeside Development Has Neighborhood Charms

RESIDENTIAL: Riker Ranch Brings 20 Homes in $759,900 To about $785,000 Price Range

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Trio of Shipyards To Split Up $275M Of Repair Contract

Work Goes to GD NASSCO, BAE and Huntington Ingalls

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College Area Apartments Sold For Nearly $3M

Complex was built in 1976

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Vuori Clothing Names Catherine Pike New Senior Director of Retail

Vuori Clothing has appointed Catherine Pike, a former executive at Lululemon Athletica, as its new senior director of retail.

Pacific Beach Apartment Complex Sold For $2.7M

Complex was built in 1970

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Coding Boot Camps Are Talent Pipeline For Some Startups

Courses Offer Students Chance to Enter Tech Job Market

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Dvele Homes To Be Self-Powered

Modular homes combine solar power and battery storage

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PacLofts Building Sold For $7.4M

Building was renovated in 2017

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Tuesday, February 18

Robotic Lab Is an Experiment Itself

BIOTECH: Aims Are Research, Relationships

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Comic-Con Tourists Have Money, Will Travel

TOURISM: Cos. Benefit From Adventurous Fans

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Can VC Investment Match Its Stellar 2019 Performance?

In San Diego Life Sciences Still Lead the Way

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CleanSpark Completes Acquisition of p2klabs Inc.

This acquisition will allow CleanSpark to ramp up development and deployment of its software platforms...


La Mesa Summit Estates’ 30 Homes Bring Views, Sustainability and Single-Story Living That’s Hard to Top

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SIP Wine & Beer Aims to Build Business, Community

Accion Loan Helped Entrepreneur Get Started on Wine Bar

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Monday, February 17

Data Centers May Be Hot Market for Co.

TECHNOLOGY: Chilldyne Sees Liquid Cooling as Next Wave

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Big-Box Hits the Road; Lyft Pulls Into Space

PROPERTY: Drive Center Will Repair, Maintain, Lyft Vehicles

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La Jolla Laser Vision & Eye Center Acquired

Acuity Eye Group has purchased La Jolla Laser Vision & Eye Center for an undisclosed amount.

Allegiant Air Expands Services in San Diego

The new seasonal Allegiant Air routes to San Diego via San Diego International Airport include: Las Vegas, Nevada, and Tulsa, Oklahoma, beginning June 3, among others.

Vividion Therapeutics Lures Former Pfizer Executive

Vividion Therapeutics – a San Diego upstart that last year raised an $82 million financing round – has announced the hiring of a former Pfizer executive.

Architecture Tour Helps Us Savor San Diego’s Structures

Petco Park Blends Old and New; Hotel Del Retains Its Classic Charms

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Hillcrest Mixed-use Building Sold For $13.3M

Building includes three restaurants

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Sunday, February 16

Business Journal Names Harn Editor

MEDIA: Veteran Journalist Tapped to Lead Newsroom

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Viasat partners with fuboTV

With fuboTV, airlines can sign up to offer the streaming TV service on their Viasat-equipped aircraft.

Albuquerque Tech Startup Expands to San Diego

The company creates lightweight, bendable solar cells

Coronavirus Hitting Home for Some Cos.

ECONOMY: Those Relying on China Face Uncertainties

Mi Mate Has Production, Distribution and Mentors Needed to Scale Up

Tea Co. Gets Key Product Placement From Yoga Studios to University

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Two Local Companies To Participate in Techstars Cohort

The Crafter’s Box and Sekr Are Both Women Led Startups

Viasat Breaks Even In Latest Quarter

Tech: Corporation Names Second Woman to its Board of Directors

Retail Remains Strong In 2019 and Is Expected To Continue in 2020

Specialty Grocers, Boutique Fitness/Health Clubs, And Off-price Retailers Move In

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Cubic Tallies $329M In Q1 Sales, Stands Behind Guidance

Net Loss of $21M Due, in Part, to Program Investments

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Illumina Adds Scott Gottlieb To Its Board

Former FDA Commissioner Left Post in April

Kratos and Partners Win a Spot on Army GTACS Deal

22 Teams to Compete for Communications Work

Neurocrine Beats Analysts Forecast For Fourth Quarter

Marketing to Patients, Caregivers Proves Successful

Carlsbad Nonprofit Awarded $450K Chan-Zuckerberg Grant

The Grant Will Support Research, Infrastructure Needs

ResMed’s Q2 Net Income Increased 29% to $160.6 Million

Masks And Accessories Segment Grew in High Teens

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Friday, February 14

CRE Awards Recognize Real Estate’s Best

Event will honor Stath Karras with a Lifetime Achievement Award.

Real estate all-star Stath Karras will be honored with a lifetime achievement award at SDBJ's Commercial Real Estate Awards, February 26th, 2020.

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La Jolla Apartment Building Sold For $3.1M

Property could be redeveloped as townhomes or condominiums

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San Diego Brokers Arrange Farm Sale

Farm grows dates

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Escondido Apartments Sold For $19.7M

Complexes have 93 apartments in total

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Thursday, February 13

Feeding San Diego Gets Grant from Kraft Heinz Co.

Feeding San Diego has been awarded a $20,000 grant from The Kraft Heinz Company Foundation.

Pacific Beach Apartment Complex Sold For $3.3M

Complex has eight apartments

Tease photo’s Latest Driver Assistance Tech Expected to Drive Revenue

STARTUP: Co. Gets Around Obstacles With Its Open Source System

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Imperial Beach Shopping Center Sold For $12.2M

Center is fully leased

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Seaport Village Still a Work In Progress

TOURISM: Small Changes Arrive; Big Changes Coming

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Viasat Handheld Radios to Help Special Operators

Air Force Contract for BATS-D Has $93M Cap

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Wednesday, February 12

Measure C Aims for Broad Appeal on Ballot

DEVELOPMENT: Critics Question If Revenue Could Be Diverted

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Two Local Companies Join New Cohort of Techstars Anywhere

Techstars Anywhere is a mostly virtual accelerator with no requirement for relocation.

Old Town Attraction Gains New Lease

TOURISM: Train Layout, Set in 1959, to Get a Modern Marketing Push

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Biotechs in San Diego Join Race to Combat Coronavirus

MEDICINE: Investor Interest Swirls around Companies

A crop of life sciences companies are rushing to combat the coronavirus outbreak, triggering big movements in their stocks and millions in grant funding.

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Illumina Adds Former FDA Commissioner to Board

Illumina recently made a major addition to its board: Scott Gottlieb, the former commissioner of the U.S. Food and Drug Administration.

Qualcomm Earns $925M; Revenue Is $5.1B

WIRELESS: At Least $4.9B of Revenue Seen in Current Quarter

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The Heart Beat Of Innovation


Tuesday, February 11

Newland Sierra Development to Be Decided By Voters

PROPERTY: North County Project Would Create An Entire Community

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EVENT RECAP: 2020 Economic Trends

A recap of San Diego Business Journal's annual Economic Trends breakfast.

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RECAP: 2020 SD 500 & Book of Lists Networking Event

See the photos from San Diego Business Journal's annual SD 500 & Book of Lists 2020 networking event.

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Histogen Gets Nasdaq Listing Via Merger With Conatus

All Stock Transaction Gives Histogen 74% of Shares

Launch Factory Recruits Leaders for Its Would-Be Startups

STARTUPS: Potential Founders Compete for Leadership Positions

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Power Digital Marketing Names Jeff Mason as President

Power Digital Marketing has appointed Jeff Mason as its first president.

Monday, February 10

Gates Foundation Awards $50M to Scripps Research

The Bill & Melinda Gates Foundation has awarded $50 million to a division of Scripps Research to push forward potential therapies for tuberculosis and malaria.

Lyric Aims to Connect Travelers To Community, Cultural Vibe

TOURISM: Company Leases Apartments in Park 12 for Its Guests

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Donut Bar to Open Location in Tucson, Arizona

According to the company’s Facebook page, Donut Bar will open a new location in Tucson, Arizona, on February 22.

Food Trucks Get Street Smarts and Do Strategic Planning

DINING: Using Booking Companies Change Risks to Sure Bets

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CUSTOM CONTENT: How to Prep Your Tech Startup for Series A Funding

Union Bank's, Bruce Breslau, discusses how to propel your company with Series A funding.

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Sunday, February 9

RAF Pacifica Becomes RPG, But Keeps North County Focus

PROPERTY: Developer Renovating Building for HQs, Open to More Purchases

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Westcore Buys Colorado Warehouse For $23M

Office space to be added. Westcore based in La Jolla has acquired a Colorado warehouse ...

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National City Senior Apartments Sold For $22.1M

Complex was built in 1999. A National City senior housing project has been sold for $22.1 million...

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Power Digital Marketing Appoints Clark Kokich to its Board

Power Digital Marketing appoints Clark Kokich to its board of directors.

CUSTOM CONTENT: Why Are Cannabis Taxes So High?

Torrey Holistics, CFO, Dave Dallal offers his insight.

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Thursday, February 6

Cardiff Mixed-use Building Sold For $11.7M

Cardiff Reef, LLC bought the property at 2121 Newcastle Ave. Built in 1976, the 15,300 square-foot building was renovated in 2018 and 2019.

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San Diego Investors Acquire Arizona Hotels

Southwest Value Partners based in Carmel Valley with offices in Phoenix has acquired two hotels in Scottsdale, Arizona for an undisclosed price.

Executive Q&A: John Maguire, CEO, Torrey Pines Bank

John Maguire, CEO of Torrey Pines Bank, offers his insight on the San Diego market.

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KPMG takes minority interest in San Diego-based LumaTax

KPMG’s investment in LumaTax is intended to complement and enhance both companies’ approach to the market through innovation and technology.

TenX to Take On The Online Agencies In Real Estate

It Will Provide Tech, Marketing and Legal Support for Flat Fee

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Co. to Provide Connectivity to Isolated Parks

Service Seen as Draw For Younger Millennial Crowd

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Co-Founders Kitchen Conscience Launched a Startup

STARTUP: Food Rescue Co. Makes Sustainability a Mission and a Treat

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Dome Creates Inspiring Evenings For Chef, Diners

Customers Pay $199.99 Per Dome and $109.99 Per Diner

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Wednesday, February 5

Cinepolis Debuts Second San Diego Location in Carlsbad

Cinepolis Luxury Cinemas will debut its second San Diego location – and tenth in California – in Carlsbad later this week.

Tuesday, February 4

Carlsbad Nonprofit Awarded $450K Chan-Zuckerberg Grant

The Association for Creatine Deficiencies was awarded a $450,000 grant to combat a trio of disorders that can cause intellectual delays.

Co. Sees Solar Storage Boom On the Way

ENERGY: Battery Storage System Can Provide Critical Backup

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MeBe to Open Autism and Special Needs Center in Kearny Mesa

San Diego company MeBe on Feb. 15 is slated to open a center catering to young adults and children with autism and special needs.

Trident Offers a Cool Option to Coffee Drinkers

Co. Expects $1.2M in 2020 Revenue from Its Cold Brews

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Histogen to Go Public Via Merger With Conatus

Conatus Pharmaceuticals has agreed to merge with another San Diego biotech, Histogen, it was announced Jan. 28.

Measure A Aims to Bring Public Into Development Debates

BALLOT: County Supervisors Are Currently Deciding Rural Housing Projects

Grain & Grit Rises to Challenges of Growth

DINING: Solid Teamwork A Must for Expansion

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Monday, February 3

Chosen Foods Undergoes Rebranding

San Diego-based Chosen Foods, makers of avocado oil and other avocado-inspired condiments, has announced a new brand identity.

Experiential Lodging Hits Hotel Circle

TOURISM: $200 Million Resort Aims to Inspire

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Sorrento Therapeutics Passes on $1.17B Offer

PHARMA: Three Bids Made for Co. Working On Opioid Alternative

Coworking Co. Likes What It Sees In the North County

Company Doesn’t Want Clients Having To Face Tough Commutes

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Co.’s Platform Tackles Issues of Mental Health Care, Reimbursement

Idea Is to Provide Collaborative Care With Primary Physicians

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Cubic Shareholders Consider Board Composition, Pay

LEADERSHIP: Since Late 2019, 4 Out of 9 Directors Have Been Women

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Sunday, February 2

SOCi Closes $15M Series C Funding

The company has raised roughly $35 million since its founding in 2012.

Jenny Craig Names David Pastrana New CEO

Jenny Craig names David Pastrana as the company’s new CEO and Monty Sharma, the previous president and CEO, is now board chairman.

FCF Closes Acquisition of Bumble Bee’s North American Assets

Bumble Bee Seafoods filed for Chapter 11 bankruptcy protection on Nov. 21, 2019 in U.S. Bankruptcy Court in Delaware.

AttackIQ Selected by NTT Ltd. as a Strategic Cybersecurity Partner

'We chose to partner with AttackIQ because it provides organizations continuous security validation...'

Special Report: What Direction Wealth Management?

2020 Will Be Good, Not Great, in This Volatile Presidential Election Year, Say Financial Advisers

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Cybersecurity Certification Has Contractors Talking

Pentagon Is Pushing for Audits of All Suppliers

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Illumina Announces Its Q4 Results

Illumina reported revenue of $953 million in fourth quarter revenue.