SD BUSINESS JOURNAL DAILY ENEWS

Turning Point Therapeutics Raises $202.5M in Follow-On Offering

The cancer drug developer on Sept. 10 raised $202.5 million in a follow-on offering. Turning Point sold 4.5 million shares of common stock at a price of $45 a share.

Kearny Mesa Industrial Buildings Sold For $30.3M

The Buildings are a soft drink distribution center.

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Factory Farms Not On Crack Shack’s Chickens’ Bucket List

Eatery Makes Case for Free Range Chickens Being Better for Birds and Diners

While Popeyes, Chik-fil-A and Wendy’s battle it out for the best chicken sandwich throne, a local gourmet fried-chicken eatery has joined the conversation.

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TaylorMade Golf’s Ashworth Brand Acquired

According to a press release, the terms of the deal were undisclosed.

San Marcos Industrial Building Sold For Nearly $9.3M

Building has 37 suites

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Samsung SDS to Close 27-Person Office in Sorrento Valley

The office is expected to close in January of 2020.

Port of San Diego to Launch Cruise Season, Offer New Cruises

This season, the Port of San Diego will have 104 cruise calls scheduled, up from 92 in 2018/2019.

Dip in House Prices, May Draw More Buyers

July Single Family Home Sales Up 9.4% Locally From June

People who are in the business of selling and buying new homes and condominiums can take heart from a key index which reported that home prices in San Diego County dropped slightly.

Capping Off An Unusual Pact, GlaxoSmithKline Buys Sitari Pharmaceuticals

GlaxoSmithKline announced it will acquire San Diego’s Sitari Pharmaceuticals – a deal induced by an unusual pact.

General Atomics Aeronautical To Adapt Aircraft for Special Ops

Two Defense Contracts Could Easily Exceed $100M

The summer seems to be winding down well for the people at General Atomics Aeronautical Systems Inc.

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Telematics Startup Platform Science Gains Big New Customer

Platform Science will work with trucking giant Schneider National.

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CB&T Opens New Escondido Branch

Bank continues its commitment to Escondido

Health Systems Try Ride-Sharing Solutions

MEDICINE: Getting Patients to Appointments or Home Is Goal

An increasingly common destination for Lyft and Uber drivers: San Diego hospitals.

Center Is S.D.’s ‘First Academic-Industry Drug Discovery Incubator’

UC San Diego Offering Space to Pharma Industry To Help Develop Drugs

UC San Diego Moores Cancer Center is offering up space on its campus to the pharmaceutical industry in a bid to translate research into medicines for cancer patients.

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An Appetite For Creativity

Basile Studio Pairs Various Genres To Create Original Dining Atmospheres

Morning Glory, Born & Raised, Raised by Wolves, Soda & Swine and Polite Provisions. The above-mentioned are not only some of San Diego’s hottest food and beverage spots.

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Cidara’s Deal for Antifungal Drug Could Be Worth $568M+

Mundipharma’s Backing Will Extend Runway, Provide Well-Positioned Support

Clinical trial results have yielded a major payout for Cidara Therapeutics, a San Diego company developing an antifungal drug.

Nestle USA to Close National City Location

The site is projected to close by Dec. 31.

Acadia’s Stock Shoots Up After Late-Stage Results

Shares of Acadia Pharmaceuticals rocketed up 63% on Sept. 9 after its drug in a late-stage clinical trial achieved “robust statistical superiority” over a placebo for dementia-related psychosis.

UCSD’s $50M Outpost Seen as a Good Start

EDUCATION: East Village Site Brings Hope for Greater Presence

The shell of what will become the downtown campus of the University of California San Diego is nearing completion, but the promise of what the university’s urban outpost will mean is still taking shape.

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Boutique Residence Is Place to Live It Up

PROPERTY: Amenities, Views and Location Are Tops

Just about every so-called luxury apartment development downtown boasts that it has stunning views.

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