CEO Says Team to Remain the Same; Co. to Keep P.B. HQs
In early October, Blenders Eyewear founder Chase Fisher told San Diego Business Journal the company had grown its revenue by 300% in the last two years.
According to a press release, Safilo Group, an international eyewear company, acquired 70% of Blenders Eyewear's equity.
According to a press release, Local Roots' acquistion of Latitude 33's brewing facility includes the 16,000 square foot brewery and 20 fermentation vessels located in Vista.
PHARMA: Xenon Could Receive up to $1.7 Billion In Milestone Payments
Neurocrine Biosciences has plunked down $50 million upfront for a potential epilepsy treatment, the San Diego company’s second major licensing deal this year.
Chicago-based Kings & Convicts Brewing Co. reportedly to retain Ballast Point employees
MEDICINE: Co. Sees Opportunity in Precision Medicine for Alzheimer's
Biogen’s plans to resurrect its failed Alzheimer’s drug sent shockwaves through the research community, including at local companies.
RETAIL: Company’s Passion Seen in Craftsmanship, Marketing
When it comes to dueling banjos, Deering is a heavyweight champ.
Tech Coast Angels-San Diego is increasing its investment in two local companies: Mercato, the delivery startup for independent grocers, and Discover Echo, the microscope maker formerly known as Echo Labs. Mercato received an additional $1.1 million while Discover Echo received $1 million.
Bigger Sample Size, More Time Needed To Evaluate Drugs
An experimental drug from Mirati Therapeutics shrunk the tumors of some cancer patients with a common mutation, in an early-stage clinical trial.
Wild Barrel Brewing Co. opens second location near the Promenade Temecula.
$299M Added to Ship Repair Effort in Fiscal 2020
The U.S. Navy increased the overall amount of funding to repair certain surface ships in the Port of San Diego.
San Diego-based Bumble Bee Seafoods filed for Chapter 11 bankruptcy protection, saying in a statement that the move was a first step in selling the business. FCF Co. Ltd. has agreed to buy it for $925 million.
AG: Industry Had $41 Million in Gross Sales for 2018
The San Diego County Vintners Association has released its “2019 San Diego County Economic Impact of Wineries” report.
AGRICULTURE: With a Growing $8.1B Market, Farmers Create New Markets, Methods
According to a report released in May, the hydroponics market is estimated at $8.1 billion in 2019 and projected to reach $16 billion by 2025.
Calporta Had Been Seeking a Buyer or Financial Backing
In 2017, Merck & Co. cut short a late-stage clinical trial of an Alzheimer’s drug because it wasn’t helping patients.