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Wertheim Family Pledges $25M to UC San Diego

UC San Diego Health said it received a $25 million pledge from the Wertheim Family Foundation to fund a public health initiative at the university.

NuVasive CEO Steps Down; Company Taps Successor from Competitor

NuVasive CEO Gregory Lucier will step down, and the company will bring in his successor from Medtronic.

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Dexcom Becomes Community Partner for Oct. 27 Navy, Notre Dame Game

The partnership allowed the San Diego County Credit Union Holiday Bowl, which is hosting the event, to enhance the marketing efforts for the college football game in hopes of drawing a record number in attendees.

Seacoast Commerce Bank Surpasses $1B in Assets

San Diego-based Seacoast Commerce Bank reported net income of $3.47 million in the third quarter of 2018. The figure is up 144 percent from the third quarter of 2017, when net income was $1.43 million.

La Jolla Institute and Moores Cancer Center Receive $4.5 Million Cancer Moonshot Award

The funding will go towards research, led by LJI professor Stephen Schoenberger to improve immunotherapeutic treatment for patients with head and neck cancer.

Stratify Genomics Uses Series A to Launch Prostate Cancer Screening Tool

San Diego startup Stratify Genomics wants to improve testing for prostate cancer by screening individuals to determine who is at a higher risk of developing it.

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Noah Homes Housing Tapped to Help Develop Plans for Texas Housing Project

A third of the homes will be made available to adults with autism, Down syndrome and other disabilities, while the remainder will be up for purchase to anyone wanting to live within the inclusive community.

Imperial Beach Apartments Sold For $2.9M

Complex has 14 units

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Business Calendar for October 22, 2018

Business events planned in the county.

Rising To The Challenges

BUILDING: From Shanghai To Seaport Village, Developer Takes On the Big Jobs

Yehudi “Gaf” Gaffen likes to fish and hunt. When he hunts, he uses a bow and arrow instead of a gun.

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Some Eateries Testing Waters Of Craft Brewing

DINING: Profits Stay In-House; Beer Could Sell in Liquor Stores

For a little over two decades, Brigantine Restaurant Corp., founded in 1969 in San Diego, had collaborated with Pacific Beach-based Karl Strauss Brewing Co. for the creation of its house beer, Brig Brew.

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Co. Saw Opportunity in Struggling Competitor

TECH: Seismic’s Buy Advances Its Position, Brings New Talent

Seismic CEO Doug Winter had never planned to acquire his main competitor. The sales-enablement software company had just hit its stride, nearly doubling its revenue last year, and Winter didn’t want a distraction.

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Canine to Five: Cos. Find Dogs a Welcome Addition

WORKFORCE: Buildings Adapt; Perk Appeals to Millennials

When Tien Nguyen and his three partners formed CPC Strategy — a digital marketing service in downtown San Diego — they invited the people they hired to bring their dogs to work.

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Learning Vital Lessons For the Next Climbs

When Aaron Fulkerson stepped down as CEO in May some 13 years into his tech startup MindTouch, he said he wanted to get away to reflect and recharge.

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PSemi’s Parent Company Keeps It Very Busy

TECH: San Diego Co. Is Turning Away Work, But Still Making Acquisitions

Jim Cable is back for another go-round as chief executive of PSemi Corp., the semiconductor unit of Japan-based Murata Manufacturing Co. Ltd.

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Big Kitchen Software Knows Those Dashes, Dollops and Pinches Add Up

When Benji Koltai first developed the software behind Galley Solutions, he had no idea it would become the seed for a new company.

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Local VC Mirrors National Trend: Dollars Up, But Deals Down

FINANCE: San Diego Sees Two Deals Dominate

Big biotech deals drove record levels of capital investment, according to a report released Oct. 11 by Dow Jones VentureSource.

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Ionis, Roche Partner on Macular Degeneration Drug

Swiss drug giant Roche and Carlsbad’s Ionis Pharmaceuticals seem increasingly enamored with one another.

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Hire Signals Co.’s Strong Stake in Future Transportation

The coming of autonomous vehicles, as well as vehicles connected by radio, is a big deal for McCain Inc. The Vista-based company employs more than 500 people and specializes in advanced traffic control equipment, notably the electronics that run traffic signals.

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Parking Spaces Still Fill a Need, At Least, For the Near Future

Talk of Uber, Lyft, scooters and bicycles cutting demand for parking is just that so far — talk.

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