San Diego Business Journal


Sirenas, Calibr to Collaborate on Drug Discovery and Development

Biotech upstart Sirenas LLC is collaborating with the California Institute for Biomedical Research (Calibr) to discover and develop drugs.

Sempra's Mexican Subsidiary Exceeds Goal in Private/Public Offering

Sempra Energy announced its Mexican subsidiary has raised more than anticipated in a public and private offering of common stock set to close Oct. 19, selling the equivalent of $1.575 billion, or 10 percent more than originally expected.

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Ash Robinson Named CEO of FIT4MOM

Ash Robinson has been named CEO of FIT4MOM, the San Diego-based wellness company tailored to mothers that has more than 1,300 locations nationwide.

Pacific Imperial Railroad Files for Bankruptcy

Pacific Imperial Railroad has filed for Chapter 11 bankruptcy protection as part of its plan to reopen an east-west line connecting Mexican maquiladoras with the U.S. freight rail system.

Feetz Inc. and DSW to Launch Two Pop-Up Stores

San Diego startup Feetz Inc., a company that uses 3D printing technology to make custom-fit shoes, has launched a pop-up shop within DSW Inc. shoe store locations in New York City and San Francisco.

American Laboratory Trading Partners With Agilent Technologies

American Laboratory Trading (ALT) has partnered with Agilent Technologies, one of the world’s largest manufacturers of life science equipment, to sell factory-refurbished lab equipment.

S.D. Venture Group Sets Deadline for Pitchfest Applications

Southern California startups have until 5 p.m. Friday to apply for San Diego Venture Group’s PitchFest.

New DoD Tech Office Awards Kratos $12.6 Million Contract

San Diego-based Kratos Defense & Security Solutions Inc. said it received a $12.6 million single-award prime contract to integrate sensors into an unmanned aerial vehicle.

Laguna Blends Acquires Marketing Rights to Carlsbad Naturals Brands

Canadian firm Laguna Blends Inc. is acquiring marketing rights for, and an equity interest in, two brands by nutraceutical water company Carlsbad Naturals LLC in a $1.8 million deal.

Qualcomm Files Patent Complaints Against Chinese Electronics Maker

Qualcomm Inc. has ramped up its legal action against Chinese electronics maker Meizu.

Biocept Expects to Raise $10M in Public Offering

San Diego’s Biocept Inc. announced that it expects to raise $10 million in a public offering.

Stone Brewing Laying Off 5% of Workforce

Stone Brewing Co. announced Oct. 13 that it is cutting approximately 5 percent of its workforce — laying off about 60 of its 1,200 employees — as it adjusts to rising competitive pressures in the beer industry.

Edico, Rady Children’s Institute to Collaborate on Expanding Sequencing Tests for Ill Newborns

Rady Children’s Institute for Genomic Medicine announced that it would extend its collaboration with San Diego’s Edico Genome Inc. to expand the use of one of its sequencing tests for critically ill newborns.

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New Digital Advertising System Installed at Convention Center

San Diego Convention Center operators recently installed a new digital advertising system at the downtown waterfront facility, using high-resolution video projection technologies.

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Coffee Shop, Deli to Open at Lane Field Mixed-Use Development

Developers have announced the first retail tenants at the mixed-use hotel development on the former site of Lane Field in downtown San Diego, as construction progresses on the second phase of the project now known as BRIC, to include an InterContinental Hotel.

North County Health Services to Expand Its Use of Local Co.'s Electronic Consulting Tool

After a four-month pilot program, North County Health Services has decided to expand its use of an electronic consulting tool developed by San Diego-based digital health company AristaMD.

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Carlsbad Industrial-Office Building Sells for $3.5M

A local buyer recorded as Carlsbad CRE LLC has purchase a Carlsbad industrial “flex” building with office space for $3.5 million, according to brokerage firm Lee & Associates.

The Business Calendar for the Week of October 17, 2016

Some of the business events planned in the county for the week of October 17, 2016, and beyond.

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San Diego Buyer Acquires Calexico Self-Storage Facility for $4.1 Million

StaxUp Storage-Portico LP of San Diego has purchased a self-storage facility in Calexico for $4.1 million, according to brokerage firm Lee & Associates.

Sempra's Ienova Subsidiary Announces Details of Private Offering and Public Offering

Infraestructura Energética Nova S.A.B. de C.V, Sempra Energy’s Mexican subsidiary, announced pricing and other details of a private offering and a public offering intended to raise more than $1.4 billion.