MEDICINE: Co. Sees Opportunity in Precision Medicine for Alzheimer's
Biogen’s plans to resurrect its failed Alzheimer’s drug sent shockwaves through the research community, including at local companies.
RETAIL: Company’s Passion Seen in Craftsmanship, Marketing
When it comes to dueling banjos, Deering is a heavyweight champ.
Tech Coast Angels-San Diego is increasing its investment in two local companies: Mercato, the delivery startup for independent grocers, and Discover Echo, the microscope maker formerly known as Echo Labs. Mercato received an additional $1.1 million while Discover Echo received $1 million.
Bigger Sample Size, More Time Needed To Evaluate Drugs
An experimental drug from Mirati Therapeutics shrunk the tumors of some cancer patients with a common mutation, in an early-stage clinical trial.
Wild Barrel Brewing Co. opens second location near the Promenade Temecula.
$299M Added to Ship Repair Effort in Fiscal 2020
The U.S. Navy increased the overall amount of funding to repair certain surface ships in the Port of San Diego.
San Diego-based Bumble Bee Seafoods filed for Chapter 11 bankruptcy protection, saying in a statement that the move was a first step in selling the business. FCF Co. Ltd. has agreed to buy it for $925 million.
AG: Industry Had $41 Million in Gross Sales for 2018
The San Diego County Vintners Association has released its “2019 San Diego County Economic Impact of Wineries” report.
AGRICULTURE: With a Growing $8.1B Market, Farmers Create New Markets, Methods
According to a report released in May, the hydroponics market is estimated at $8.1 billion in 2019 and projected to reach $16 billion by 2025.
Calporta Had Been Seeking a Buyer or Financial Backing
In 2017, Merck & Co. cut short a late-stage clinical trial of an Alzheimer’s drug because it wasn’t helping patients.
EDDY Pump won $35,000 to help the company expand its sales overseas.
RETAIL: Company Expects to Make $15.6 Million in 2019
Kindred Bravely is an Oceanside-based company that makes nursing and maternity clothes for new and expecting moms.
Government Systems, Satellite Services Propel the Growth
Satellite services provider Viasat Inc. broke even during the second quarter of its fiscal year.
The "2019 Economic Impact of San Diego County Wines” report states there was a 9/7% increase in San Diego County wine industry jobs in 2018.
BLUE ECONOMY: Port of San Diego Offers Funds and Other Help
One driving force behind San Diego’s blue economy is local government, specifically the Port of San Diego.