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PHARMA: Arena Says Results May Take A Bit Longer Than Some Like
Arena Pharmaceuticals Inc. has mapped out a plan to overcome heavy spending and stagnant stock values by developing new weight loss formulations and drug compounds to treat a variety issues from autoimmune disorders to nicotine addiction.
Aircraft from Northrop Grumman Corp.'s Global Hawk family of unmanned, high-altitude jets recently passed 100,000-hour mark doing what they were built for: combat and related operational support.
Qualcomm Inc. President Derek Aberle and a delegation from the San Diego company met Aug. 21 in Beijing with Chinese regulators in an attempt to resolve concerns raised by the Chinese government.
The U.S. Navy said on Aug. 25 that it awarded BAE Systems San Diego Ship Repair a contract for dry-dock work to the Ticonderoga-class cruiser USS Lake Erie.
The U.S. Navy announced two ship repair contracts Aug. 22.
Ligand Pharmaceuticals Inc. announced the signing of a commercial license agreement with Atlanta, Georgia-based Avion Pharmaceuticals LLC for the development and commercialization of four Captisol-enabled programs.
PHARMA: Co. Looks For Broad Applications To Common Problems
A San Diego-based pharmaceutical company is hoping to grab market share in the ophthalmology space by combating expensive post-cataract surgery drugs with a cheaper and more efficient alternative.
The U.S. Navy chose five vendors to provide the next-generation information technology network for its ships, announcing the winners on Aug. 20.
The U.S. Navy said on Aug. 18 that it awarded General Dynamics Advanced Information Systems a $19.5 million contract for electronics that protect ships from missiles.
The U.S. Air Force awarded Northrop Grumman Corp. a $240.7 million contract for three Global Hawk unmanned aircraft of the Block 30 variety, according to an Aug. 15 Pentagon announcement.
General Atomics of La Jolla said on Aug. 13 that it received an initial, sole-source contract to provide the electromagnetic launch and recovery systems to be installed on the second ship of a new class of U.S. Navy aircraft carriers.
BREWING: North County Efforts Currently Skewed to Production
Craft beer is now a significant economic generator in North County, but more can be done to put the region’s “Hops Highway” — the nickname for Highway 78 — on par with the impact now seen in places like the city of San Diego’s 30th Street “Craft Beer Corridor.”
ENERGY: Second-Quarter Net Income Up 9.8%; Key Project Gets Financing
Sempra Energy, San Diego’s second-largest company by revenue, is on track get bigger this year, both in sales and profits.
Manufacturing: Rising Instrument Sales Are Music to Industry’s Ears
Thanks in part to the recent popularity of Hawaiian ukulele virtuoso Jake Shimabukuro — with an assist from pop stars Jason Mraz, Taylor Swift, Bruno Mars and others — the miniature stringed instruments have become a big seller at San Diego-based Bertrand’s Music.
Sempra Energy reported second quarter net earnings of $269 million, up 9.8 percent from the net profit in the second quarter of 2013.