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Alastin Skincare Has Been Acquired
Financial terms were not disclosed.
Pharma Co. Set to Grow
BIOTECH: With New Focus, aTyr Raises $86M
San Diego-based aTyr Pharma recently raised $86.3 million in what some characterized as a dramatic turnaround for the company.
Denver Company to Acquire Majority Stake in Space Micro
TECHNOLOGY: North County Firm Has Contracts With NASA, Military Services
North County-based Space Micro announced on Nov. 22 that Denver-based Voyager Space Inc. has agreed to buy a majority stake in the company.
Sempra Contemplates New LNG Export Site in Mexico
ENERGY: Shipments to Asia Could Pass Through Topolobampo, on the Gulf of California
Sempra (NYSE: SRE) has expanded its plans to export liquefied natural gas (LNG) from the west coast of Mexico.
Neurocrine Partners with Japanese Firm on Potential New Dementia Drug
San Diego-based Neurocrine Biosciences (Nasdaq: NBIX) has entered into a strategic collaboration and licensing agreement with Japan’s Sosei Group to develop potential new treatments for schizophrenia, dementia and other neuropsychiatric disorders.
Viasat to Buy Competitor
AEROSPACE: Inmarsat Deal Worth $7.3 Billion
Carlsbad-based Viasat (Nasdaq: VSAT) said on Nov. 8 that it has agreed to buy British competitor Inmarsat for $7.3 billion.
Bumble Bee Launches Inclusivity Program
COMMUNITY: Scholarships to Generate Economic Opportunity for People of Color
Bumble Bee Foods, LLC, the $1 billion East Village-headquartered company, wants to impact communities of color in San Diego.
Growth Accelerates at Vista-based Watkins Wellness
MANUFACTURING: Hot Tub Maker Sees Surging Demand Since COVID-19
According to reports, the demand for pools and hot tubs has surged as a result of the coronavirus pandemic. The hot tub sector saw a 400% uptick in some areas last year.
Local Co. Makes Oprah’s Favorite Things List
MANUFACTURING: Bindle Bottle Sales On Track for 300% Gain in 2021
Earlier this month, Amazon and Oprah Winfrey revealed the 2021 Oprah’s Favorite Things List, a roundup of the talk show host’s favorite holiday gifts of the year.
Acquisition Spree Continues
MANUFACTURING: Fluidra Pays $78M for Water Testing Firm
Carlsbad-based Fluidra North America continues to make a big splash in the swimming pool equipment sector, last week announcing its third major acquisition in 2021 – the $78 million purchase of Taylor Water Technologies, a leading manufacturer of water-testing solutions.
Border X Brewing to Double Revenue
Latino Brewery Projects $3M in 2021, $6M in 2022
Border X Brewing, LLC, the first 100% Latino-owned brewery in San Diego, is forecasting growth.
Workout Equipment Co. Reaches $100M in Sales
FITNESS: Tru Grit Sells at Best Buy, Target and Walmart
With gyms across the nation forced to shut their doors last year as a result of COVID-19, home gyms became a more attractive option for those looking to stay healthy and active. A group of local entrepreneurs noticed the gap in the market and saw it as a new business opportunity.
Callaway Golf Boosts Q3 Revenue 80%, Raises Full-Year Guidance
Carlsbad-based Callaway Golf (NYSE: ELY) posted robust Q3 financial results late Tuesday -- and also increased its guidance for the remainder of 2021.
GA-ASI Has New Air Force Project
Receives Contract Similar to Deal Awarded to Kratos Defense
The U.S. Air Force has selected two San Diego companies to design and develop an aircraft it calls Off-Board Sensing Station, or OBSS.
Artisan CBD Co. to Enter European Market
MANUFACTURING: Neurogan Projected to Double $5M Revenue Next Year
While most CBD brands go the private label route, which is when a company purchases a white label service and presents it to the customer under its brand name, Neurogan, Inc., prefers a more hands-on, quality control approach.
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