SD BUSINESS JOURNAL DAILY ENEWS

Innovus Pharmaceuticals Raises $3.17M Through Private Placement

Innovus Pharmaceuticals, a La Jolla-based maker of over-the-counter products, raised $3.17 million through a private offering.

Salvation Army Building Sold For $7.5M

Bankers Hill Structure bought by West Hollywood developer

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Catching Up to Care

HEALTH: San Diego at Forefront of Genomics Insurance Coverage

Ceaseless seizures took Kara Coltrin’s newborn son to the brink of death. Then came a turning point: rapid genome sequencing.

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Cirius Therapeutics Outlines $86M IPO Plans

Liver drug developer Cirius Therapeutics on Jan. 11 put in a prospectus for an $86 million initial public offering.

Shipping Containers Floated as Housing

PROPERTY: Small Low-Cost Units Being Built for Veterans

Living in converted shipping containers stacked one on top of another or side by side may sound like something out of a dystopian science fiction novel, but that’s exactly what one San Diego developer sees as a way to help homeless veterans get off the streets.

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Raytheon to Support Missile Defense Sensors

The U.S. Missile Defense Agency awarded Raytheon Co.’s San Diego office a contract for multispectral targeting system (MTS) sensor support, with a $1.3 million task order. The entire contract could eventually be worth up to $9.6 million.

Imperial Beach Complex Sold For $2M

Complex has seven units

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Business Events Calendar for Week of January 14, 2019

Events planned in the county

Two Procopio Attorneys Promoted to Partner

Justine Nielsen and Michael Kiesling were promoted to the level of partner at Procopio.

New Food Options Look to Flourish in S.D. Neighborhoods

New York City, New Orleans and Los Angeles are usually touted as some of the country’s top food cities. But, with more and more restaurants and food and beverage options in the county, San Diego is giving them a run for their money — and their foodies.

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Brewing With International Flavor

Kairoa Brewing Co. is slated to open later this month in the University Heights neighborhood — right beside the UH sign, to be exact. The 10,500 square foot, two-floor space will serve house and guest beer, a full food menu as well as over a dozen wine options. In a nod to the founders’ home-base, New Zealand, Head Brewer Joe Peach will utilize New Zealand hops to create its beer.

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Tasty Additions to Sycuan’s $260 Million Expansion

As part of Sycuan Casino Resort’s $260 million expansion, the San Diego venue is set to open a new restaurant and a lounge: Bull & Bourbon Steakhouse and Elicit Bar & Lounge.

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Creating Experiences Takes Team Building on New Adventures

WORKFORCE: Activities Look to Bring Out Bonding, Team Spirit

Ax throwing. Team sports. Charity bike building. Culinary competition.

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Qualcomm’s 5G Solutions to Come Out Strong in Mobile Devices

2019 will be the year of the 5G smartphone.

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Design Firm’s New Office Captures Past, Prepares for Its Future

Ware Malcomb design firm has relocated its San Diego headquarters to a renovated Sorrento Valley office building meant to showcase the firm’s work and its history.

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Hotel Boom of 2018 Likely To Continue in 2019

More new hotels were built in San Diego County in 2018 than in any other year since 2000, according to Atlas Hospitality Group.

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Realities of Residential Real Estate

It’s not exactly astonishing news, but a company that compiles all kinds of statistics on home buying — Zillow Group — reported in January that first-time homebuyers in San Diego County make more money than people who aren’t in the market to buy.

NOMIS Foundation Awards Salk Researcher $1.8M Grant

The Salk Institute for Biological Studies announced that associate professor Janelle Ayres was awarded $1.8 million by NOMIS Foundation for novel research on mechanisms to promote health.

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Workers Get the Job Done at Food and Toy Distribution

More than 650 families received holiday dinners, toys and gifts donated by union members across San Diego and Imperial counties.

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