BIOTECH: Co. Gets Licensing Fee From Argenx
San Diego-based Halozyme reported higher revenue and net income in first quarter results, thanks to the company’s platform technology. Looking forward, the company is heading for an inflection point.
BEVERGE: It Plans To Add Production Capacity to Vista HQ
Vista-Based NuZee Inc., a specialty coffee company founded in 2011 and with 15 local employees, will open a new facility in Texas. According to a news release, the Plano, Texas, location will support the company’s pour over co-packing services business.
TECH: Electronics Specialist Has 40% of Revenue From Defense
Kearny Mesa-based Cubic Corp. reported 21 percent year-over-year growth in sales from January to March 31.
medicine: Costs To Scale Up Leave Some Cos. in the Red
The heavy-hitters of San Diego medtech — Dexcom, ResMed, Tandem Diabetes Care and NuVasive — saw revenue either rise or shoot up in recent quarterly results.
DEFENSE: Acquisition Of Florida Turbine Technologies Closes
Kratos Defense and Security Solutions completed the first quarter of 2019 on March 31 with net income of $3.1 million, or 3 cents per share, on revenue of $160.4 million.
According to a news release, the Plano, Texas, expansion will support NuZee's pour over co-packing services business.
RETAIL: It Sells Human-Grade Food at Small Stores and Online
Many pet-owners treat their fur babies like their children.
Health: Company Is Working on Getting Therapeutics Into Cell
DTx Pharma, a Torrey Pines startup developing a way to make more effective RNA treatments, recently raised $3 million in Series A funding. The round included investments from previous investors, including Tech Coast Angels and Friedman Bioventure.
life science: Also On the Move, BioLegend Claims Entire Street
Two biotechs, Takeda Pharmaceutical Co. and BioLegend, recently opened new campuses in San Diego.
HEALTH CARE: Florida Firm Gives It Telehealth Capabilities
AMN Healthcare’s recently announced acquisition will expand its footprint in fast-growing markets, while positioning the nation’s largest health staffing firm for what could be the wave of the future.
STARTUP: Leader Tells Cos. to Start Taking Action Within Weeks
Silvia Mah joined Connect as its president and chief operating officer in March. The nonprofit, which recently merged with San Diego Venture Group, hosts one of San Diego’s oldest accelerator programs, Springboard.
According to a press release, the JustFoodForDogs 1,350-square-foot kitchen to be housed at Petco's flagship store in New York City will prepare 2,000 pounds of fresh, human-grade pet food daily, seven days a week.
Poway-based semiconductor equipment manufacturer Cohu Inc. reported $147.8 million in net sales for the first quarter of 2019. The business, which announced quarterly results on May 6, saw a net loss of 55 cents per share.
Nancy Hong joined RiverVest in 2016 when the Midwest-based venture capital firm opened its San Diego office.