UCSD Produces 760 Startups

EDUCATION: Sees 500 Inventions in 2020

Research, innovation and entrepreneurship remains strong at the University of California San Diego (UCSD), which continues to produce new startups at a high rate.

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Anzu Partners Grows Fund and Leadership

FINANCE: Co. Raised $190M to Expand its Geographic Footprint, Adds Partner

Anzu Partners, San Diego’s fourth largest venture capital firm, has added a partner from the international investment banking sector.

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BD Rapid Antigen Test Shows Path Forward

BIOTECH: Fast, Serial COVID-19 Testing Can Help Reopening Effort

Becton, Dickinson and Company, a global medical technology company also known as BD, has developed the BD Veritor System for Rapid Detection of SARS‑CoV‑2 which can provide results in as little as 15 minutes.

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Dexcom Sees Growth Ahead

BIOTECH: Annual Revenue Up $451 Million

Dexcom Inc. expects to crack the $2 billion mark when it is time to report revenue for 2021.

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Co. Releases Full Length Synthetic Genome of COVID-19 Variants

BIOTECH: Codex DNA Hopes It Will Accelerate Innovation of Therapies and Vaccines

Codex DNA released the world’s first full-length synthetic genomes of the SARS-CoV-2 variants with the goal of helping researchers develop the life-saving therapies and vaccines needed to tackle the coronavirus pandemic.

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Sorrento Therapeutics to Acquire ACEA for $38M in Stock

BIOTECH: Antibody-Centric Company Grows

Sorrento Therapeutics (NASDAQ: SRNE) will acquire ACEA Therapeutics in a deal that offers ACEA’s equity holders approximately $38 million in common stock, the company announced on April 5.

ResMed Q2 Income Grew $18.9 Million

BIOTECH: Medical Device Maker's Rise Influenced by COVID-19

ResMed Inc. (Nasdaq: RMD), which offers technology to help people breathe better and connect them to their caregivers, grew its net income by $18.9 million in its second quarter, which ended Dec. 31.

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Tri-City Medical Center Honored With 18 Communicators Awards

HEALTHCARE: Hospital Wins Best of Show and Earns More Than Any Other Regional Institution

Oceanside’s Tri-City Medical Center was honored recently with 18 awards from the Health Care Communicators of Southern California for community outreach and its public engagement efforts.

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Illumina on Track for a $4 Billion Year

BIOTECH: 2021 Could Be Turning Point as Grail Matter Is Decided

Illumina Inc. (Nasdaq: ILMN) expects a $4 billion year in 2021. The gene sequencing specialist increased its financial guidance on April 5, saying it expects year-over-year revenue growth of 25% to 28% from the $3.24 billion that it brought in during fiscal 2020.

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Exagen Studies COVID Effects

LIFE SCIENCE: Co. Collaborating With Emory

Exagen Inc. (Nasdaq: XGN), a commercial-stage life science company, is joining forces with Emory University to conduct a new study on the long-term effects of COVID-19 infection in the development of autoimmune diseases.

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Burger Helps Bring Life Science Offices Back to Life

CONSTRUCTION: From Industrial to Biotech, Co. Makes Magic Happen

In recent years, San Diego has seen big increases in venture capital investment, and booming construction of new lab spaces around the region. Burger Construction has made a name for itself as one of the leading construction firms for the life science industry — having recently completed projects for Cue Health and GenMark.

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Life Science Deals Multiply

REAL ESTATE: Area Sees Strong Demand

Longfellow Real Estate Partners has acquired a Sorrento Mesa business park, bringing the company’s San Diego holdings to more than a million square feet.

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Iridia Raises $24M Led by LifeSci Venture Partners

STARTUP: Co. Prepares for Scale and Growth

Carlsbad-based Iridia has raised $24 million to build the world’s first high-density DNA-Based memory chip.

Reneo Pharmaceuticals Files for $100M IPO

PHARMA: IPO Shows Broader Opportunity in Life Science Market

New UTC Fertility Clinic Beats COVID-19 Challenges

CONSTRUCTION: Overcomes Permit Delays and Special Requirements

Construction of a UTC fertility clinic turned into “the poster child” for trying to build something in the midst of the COVID-19 pandemic.

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