San Diego Business Journal

SD BUSINESS JOURNAL DAILY ENEWS

The Business Calendar for the Week of March 23, 2015

Some of the business events planned in the county for the week of March 23, 2015, and beyond.

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San Diego Apartment Properties Sold for $12.7 Million

An affiliate of Newport Beach-based WLA Investments Inc. has purchased a three-property portfolio of San Diego apartment properties for approximately $12.7 million, according to CoStar Group and public data.

Vital Therapies Reports Fourth Quarter Results

San Diego-based Vital Therapies Inc., a company developing a cell-based therapy to help people suffering from serious liver disease, announced its fourth quarter financial results March 19, reporting a net loss of about $14 million compared with a net loss of $10.2 million in the same quarter of 2013.

Batu Biologics Inc. Publishes Pre-Clinical Data on Therapeutic Vaccine

San Diego-based Batu Biologics Inc. announced the publication of pre-clinical data for its flagship immunotherapeutic product, ValloVax in the Journal of Translational Medicine.

Andrew Viterbi Inducted Into Entrepreneur Hall of Fame

Qualcomm Inc. co-founder Andrew Viterbi was inducted into Connect’s Entrepreneur Hall of Fame during a recent luncheon at the Estancia La Jolla Hotel & Spa.

Pulse Electronics Corp. Reports Net Loss of $9.6M for Q4

Pulse Electronics Corp. reported a net loss of $9.6 million on net sales of $80.1 million for its fourth quarter.

Batu Biologics Publishes Data on Therapeutic Vaccine

San Diego-based Batu Biologics Inc. announced the publication of pre-clinical data for its flagship immunotherapeutic product, ValloVax in the Journal of Translational Medicine.

Viterbi Inducted Into Entrepreneur Hall of Fame

Qualcomm Inc. co-founder Andrew Viterbi was inducted into Connect’s Entrepreneur Hall of Fame during a recent luncheon at the Estancia La Jolla Hotel & Spa.

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SeaWorld Entertainment Names Manby as its New President, CEO

SeaWorld Entertainment Inc., parent company of SeaWorld San Diego and the Aquatica water park in Chula Vista, has named Joel Manby as its new president and CEO, effective April 7.

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San Diego Apartment Properties Sold for $12.7M

An affiliate of Newport Beach-based WLA Investments Inc. has purchased a three-property portfolio of San Diego apartment properties for approximately $12.7 million, according to CoStar Group and public data.

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Vital Therapies Reports Q4 Results

San Diego-based Vital Therapies Inc., a company developing a cell-based therapy to help people suffering from serious liver disease, announced its fourth quarter financial results on March 19, reporting a net loss of about $14 million compared with a net loss of $10.2 million in the same quarter of 2013.

Business Events Calendar for Week of March 23, 2015

Some of the business events planned in the county for the week of March 23, 2016.

Bridgepoint Appoints Christopher Henn as Executive VP/COO

Bridgepoint Education Inc. said on March 19 that it appointed Christopher Henn as executive vice president and chief operating officer, effective April 13.

County Employees Retirement Association CEO Resigns

Brian White has tendered his resignation as CEO of the Board of Retirement of the San Diego County Employees Retirement Association, effective March 30, the organization announced. White has served as the association’s CEO for 18 years.

San Diego Sports Innovators Becomes Independent Organization

San Diego Sport Innovators (SDSI), a nonprofit business accelerator, announced that it has parted ways with its parent company CONNECT and become a free-standing organization.

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Mission Beach’s Cannonball Restaurant Reopening After $3.5 Million Overhaul

San Diego-based hospitality management company Eat.Drink.Sleep plans an April 1 reopening of its Cannonball restaurant, following a $3.5 million renovation of the building at 3105 Ocean Front Walk in Mission Beach.

Retrophin Announces Plans to Raise $130 Million in Public Offering

San Diego-based Retrophin Inc., a publicly traded biopharmaceutical company, announced that it plans to raise $130 million in a public offering of 6.8 million shares of common stock at $19 per share.

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San Diego Business Park Sells for $4 Million

Rio San Diego LLC has purchased the Mission Gorge Business Park industrial and office property in San Diego for approximately $4 million, according to brokerage firm ECP Commercial.

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Solana Beach Firm Buys 2 Nevada Hotels for $20 Million

Solstar Investments LLC of Solana Beach has acquired the 120-room Marriott SpringHill Suites and 108-room Marriott TownePlace Suites hotels in Henderson, Nev., for a total of $20 million, according to Nevada public records.

Otonomy Reports Q4 Net Loss of $9.8 Million

Otonomy Inc., a company that makes treatments for the middle and inner ear, announced its fourth quarter financial results on March 19, reporting a net loss of $9.8 million compared with a net loss of $7.8 million in the same quarter of the previous year.