SD BUSINESS JOURNAL DAILY ENEWS
Venture capital funding for the life sciences sector reached $2.5 billion in 195 deals nationally for the second quarter of 2014, according to a new report by MoneyTree and PricewaterhouseCoopers, based on data provided by Thomson Reuters.
Comerica Bank’s California Economic Activity Index grew in June, advancing 0.4 percent to a level of 113.3.
With the end of the legislative session in sight, the author of the remaining Internet poker bill in the California Legislature called it quits, saying he will try again in the 2015-16 session.
Vista International Inc. of San Francisco has purchased the 96-unit Tanglewood Apartments in Escondido for approximately $10.8 million, according to CoStar Group and public data.
San Diego-based Tocagen Inc. announced Wayne Saville has been named vice president of clinical development and Mary Rose Keller has been named vice president of clinical operations.
Locale Advisors Inc. of San Diego has purchased an office building in the city’s Governor Park neighborhood for approximately $3.9 million, according to a statement from the real estate investment firm.
West Coast Development of Mission Viejo has purchased a Mission Valley office building for approximately $3.3 million, according to CoStar Group and public data.
Qualcomm Inc. President Derek Aberle and a delegation from the San Diego company met Aug. 21 in Beijing with Chinese regulators in an attempt to resolve concerns raised by the Chinese government.
The U.S. Navy said on Aug. 25 that it awarded BAE Systems San Diego Ship Repair a contract for dry-dock work to the Ticonderoga-class cruiser USS Lake Erie.
San Diego-based Pinnacle Hotels USA has completed a $3.5 million renovation of the Four Points by Sheraton San Diego Downtown hotel.
An administrative law judge at the International Trade Commission ruled in favor of San Diego-based ResMed against Chinese medical device maker BMC Medical Co. Ltd. in a patent infringement case.
Telik Inc., a San Diego-based oncology drug development company, announced it has received a $1.5 million contract from the National Cancer Institute.
San Diego-based Indus Technology Inc. said that it received a U.S. Navy contract that could be worth up to $7.8 million over five years if the Navy exercises all of its options.
San Diego-based Kid Ventures, which operates “edutainment” facilities with children’s activities and adjacent café areas for parents, plans a December opening at Liberty Station in Point Loma.
Opponents of an approved hike in San Diego’s minimum wage have begun circulating petitions to place the matter before voters, following City Council’s recent override of a mayoral veto.
San Diego-based ViaCyte Inc. announced that it has entered into a rights agreement with Janssen Research & Development LLC, one of the Janssen Pharmaceutical Companies of Johnson & Johnson.
Illumina Inc. announced it has formed collaborative partnerships with AstraZeneca, Janssen Biotech Inc. and Sanofi to develop a universal next-generation sequencing oncology test system.
Shares of San Diego-based Peregrine Semiconductor Corp. rose 60 percent early Aug. 22 on news that Japan-based Murata Manufacturing Co. Ltd. planned to buy the company for $471 million.
Some of the business events planned in the county for the week of August 25, 2014.
Investment firm Fenway Properties of San Diego has obtained $7.1 million in financing for a planned renovation of Tri-City Corporate Towers in Oceanside.