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PHARMA: FDA Categories Helpful to Companies and Patients
Speeding the availability of drugs that treat serious conditions is in the best interest of both patients and drug companies, especially when the drugs meet unmet needs in the medical field.
ENERGY: Utility Names SDG&E President/COO to Succeed in Role
Sempra Energy has announced that Jessie J. Knight Jr., executive vice president of external affairs for Sempra Energy and chairman of Southern California Gas Co. (SoCalGas) and San Diego Gas & Electric (SDG&E), plans to retire Nov. 1.
BREWING: Thriving S.D. Scene Adapts to Demands, Challenges
San Diego County’s already thriving craft beer industry has recently seen a steady flow of big corporate changeovers, as many of the region’s more than 100 brewers take on the challenges of maintaining growth in a maturing industry that is only getting more competitive.
HCAP Partners made an undisclosed investment in Los Angeles-based LED manufacturer Noribachi, whose revenue doubled to $22 million last year, the companies said Wednesday.
The U.S. Air Force put its first extended-range Reaper unmanned aircraft into service in August, the military and its contractor, General Atomics Aeronautical Systems Inc., announced on Sept. 15.
Many of next year’s Cadillac sedans and coupes will include a Maxwell Technologies-powered start-stop system, the San Diego manufacturer said Tuesday, driving the company’s stock up 17 percent to close at $6.03.
The U.S. Air Force awarded General Atomics Aeronautical Systems Inc. a $51.5 million modification to a basic ordering agreement with the company.
San Diego-based cable assembly manufacturer RF Industries Ltd. reported sales of $8.9 million for the third quarter ending July 31, a 61 percent increase from the like quarter last year as the company continues to feel the effects of recent acquisitions.
Stone Brewing Co. co-founder and CEO Greg Koch plans to transition into a new role of executive chairman, as the Escondido-based craft beer maker launches a selection process for its next chief executive to head daily operations.
Brewing giant MillerCoors LLC has agreed to acquire a majority interest in San Diego craft beer-maker Saint Archer Brewing Co., for an undisclosed price.
RF Industries Ltd. said on Sept. 8 that it will distribute a 7 cent per share cash dividend on Oct. 15 to shareholders of record Sept. 30.
LRAD Corp. said on Sept. 9 that it received a $1.2 million order for sound systems and accessories from an unnamed customer in Asia.
San Diego-headquartered craft beer maker Green Flash Brewing Co. has named Chris Ross as its chief operating officer, as it continues to boost production and distribution. The appointment took effect on Sept. 1.
Vista-based craft beer maker Belching Beaver Brewery has purchased an Oceanside industrial building for approximately $2.36 million, with plans to operate a new five-stage, 30-barrel production system, according to brokerage firm Lee & Associates.
Senomyx Inc., a biotechnology company that makes flavor-enhancers, announced that it has commercialized its sweetener product Sweetmyx S617.