FINANCE: Acquisition by U.S. Bank May Bolster Community Programs
A recent panel discussion hosted by Union Bank at the Hotel Del Coronado explored the causes of and solutions to inequities in banking for marginalized communities.
HEALTHCARE: Presidium Health Teams with CHG for Concierge Care
To improve outcomes for the most challenged residents in our communities, San Diego-based Presidium Health is taking on the 1%.
HEALTHTECH: Company Founded to Address Cannabis Efficacy Testing
Wellness products like CBD oil or valerian root are used by millions of people for various health benefits, but official proof of their effectiveness has long been a frustration of producers and consumers alike. San Diego startup Radicle Science has come up with a solution.
FINTECH: Serving the ‘Underestimated’
This month, Applied Data Finance, LLC (ADF) announced a milestone – more than $1 billion in loans originated or facilitated by its AI-powered analytics platform.
BIOTECH: Platform Isolates Pathogens in Sequencing Workflows
Detecting and responding to unknown pathogens will be key in stopping the next pandemic.
BLUETECH: Despite COVID, Sector Saw 163% Job Growth
Even amongst strong and diverse sectors like biotech, pharma and tourism, San Diego’s blue economy is a pillar of prosperity in the region, and one that is growing quickly.
On May 17, Friendly Hills Bank (FHB) announced it is bolstering its executive suite with a spate of new hires.
BIOTECH: Starting Clinical Trial for Parkinson’s Stem Cell Therapy
San Diego-based Aspen Neuroscience, Inc. announced a Series B financing round of $147.5 million on May 9 to further advance its treatment of Parkinson’s disease using autologous stem cell therapies.
PHARMA: Partnership to Take Genomics Approach to Discovery
Illumina, Inc. is expanding its reach into drug discovery and development. On May 5, the San Diego DNA sequencing giant announced a partnership with New York-based healthcare investment management firm Deerfield Management to apply a genetic-led approach to develop novel therapies for diseases with unmet medical needs.
TECH: Platforms Debut at 5G Summit
Qualcomm Technologies, Inc. unveiled its latest and most advanced developments in 5G and AI-enabled robotics on May 10 and the company’s annual 5G Summit.