San Diego Business Journal

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The San Diego Business Journal provides business news and analysis specific to San Diego County. With the most up to date information and insights, The San Diego Business Journal is on the forefront of delivering San Diego County business news to our readers.

Patient Partner, a digital health platform, has secured $7.5 million in funding from investors led by LionBird. The star...
09/18/2024

Patient Partner, a digital health platform, has secured $7.5 million in funding from investors led by LionBird. The startup plans to use the funds to expand its reach, personalize its services, and enhance its technology infrastructure. Patient Partner connects patients with physicians and mentors to guide them through medical decisions and procedures. The company aims to build strong partnerships with the pharmaceutical industry and is focused on improving patient treatment adherence. With over 30,000 users and 500 mentors, the startup plans to grow its team and expand its services nationwide. For more, subscribe to sdbj.com.

https://www.sdbj.com/healthcare-2/patient-partner-raises-7-5m-to-expand-its-platform-reach/

UC San Diego and the University of Pennsylvania have received a $6.9 million grant from the NIH's National Institute on ...
09/16/2024

UC San Diego and the University of Pennsylvania have received a $6.9 million grant from the NIH's National Institute on Aging to advance an Alzheimer's disease drug, CNDR-51997, effectively restoring brain health in mice models. The long-term goal is to prepare the drug for human trials. The research aims to target tau tangles, reduce the number of plaques, and combat tau-mediated neurodegeneration. The FDA approval will pave the way for Phase 1 clinical studies. The drug could also potentially treat other brain-related diseases. To access the full article, subscribe to sdbj.com.

https://www.sdbj.com/life-sciences/ucsd-scores-6-9m-for-alzheimers-research/

Shares of Inseego Corp. (Nasdaq: INSG) reached a 52-week high of $13.89 on Aug. 27, marking a growth of more than 500% f...
09/13/2024

Shares of Inseego Corp. (Nasdaq: INSG) reached a 52-week high of $13.89 on Aug. 27, marking a growth of more than 500% for the year. The company's second-quarter financial results showed net income of $624,000 on revenue of $59.1 million, with adjusted EBITDA at $8.4 million. Inseego also restructured its convertible debt, repurchasing approximately 87.7% of its outstanding 3.25% convertible notes due 2025. Analysts remain cautiously optimistic, with target prices ranging from $11 to $15 per share. Inseego focuses on 5G mobile and fixed wireless solutions and is actively searching for a new CEO. Subscribe to sdbj.com for the full article.

https://www.sdbj.com/technology/inseego-shares-up-500-year-to-date/

Casa Familiar will start building the $4 million La Semilla Community Resiliency Center this year, funded by an $8.5 mil...
09/06/2024

Casa Familiar will start building the $4 million La Semilla Community Resiliency Center this year, funded by an $8.5 million grant from the California Strategic Growth Council. The center will have a learning center with a greenhouse, a community center for natural disaster resources, a garage for a shuttle bus service and e-bikes, and an 845-square-foot apartment for a climate change fellowship program. It aims to be energy self-sufficient, capture 99% of stormwater for reuse, and provide educational programs on the climate crisis, air filtration systems, and food cultivation. Casa Familiar sees the center as a symbol of innovation and aims to train community members to advocate for climate change policies. For more, subscribe to sdbj.com.

https://www.sdbj.com/real-estate/san-ysidro-project-will-help-people-cope-with-climate-change/

Our mission is your mission!Mission Edge is composed of fun, mission-minded and hard-working people who have a passion f...
09/05/2024

Our mission is your mission!

Mission Edge is composed of fun, mission-minded and hard-working people who have a passion for social impact and making a difference. Our secret sauce is our culture, and we are hyper-focused on protecting and maintaining it, which is reflected in the quality of our work and engagement of our employees and why we are consistently voted as one of the Best Places to Work and one of the Best Nonprofits to Work For. We leverage our individual backgrounds, skills and experiences to help other nonprofits scale their organizations and ultimately create more positive social change via their missions and we enjoy the journey while doing so.

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International Printing Solutions recently rebranded itself as STiCKi to reflect its expanded services and technological ...
09/04/2024

International Printing Solutions recently rebranded itself as STiCKi to reflect its expanded services and technological focus, which include online stores, branding, and real-time analytics. The company's CEO, Scott Thurman, has pivoted several times during his 40-year career. The company's growth was driven by technological expansion and the acquisition of a notepad company. As technology evolved, STiCKi saw a decline in printed materials and shifted its focus to technology services. The company has expanded its offerings to include inventory management and branding services. For more on the story, subscribe to sdbj.com.

https://www.sdbj.com/manufacturing/international-printing-solutions-now-sticki/

09/02/2024
ARS Pharmaceuticals received FDA approval for its needle-free epinephrine nasal spray, neffy, as an emergency treatment ...
08/30/2024

ARS Pharmaceuticals received FDA approval for its needle-free epinephrine nasal spray, neffy, as an emergency treatment for severe allergic reactions. This development has caused the company's stock to rise by approximately 35%. Neffy will be available for $199 for two doses and the company plans to expand its use to pediatric patients. The company also plans to study neffy's use for other allergic conditions such as hives. Furthermore, the company is preparing for the commercial launch of neffy and has already secured funding for its lead product. to learn more, subscribe to sdbj.com.

https://www.sdbj.com/life-sciences/pharmaceuticals/ars-pharma-receives-fda-approval-for-epinephrine-nasal-spray/

Tide Rock LLC has recently acquired three companies: Glenn Wayne Wholesale Bakery of Long Island, New York; Global Elect...
08/28/2024

Tide Rock LLC has recently acquired three companies: Glenn Wayne Wholesale Bakery of Long Island, New York; Global Electronics Recycling of Phoenix; and Premier LogiTech of Dallas. Tide Rock LLC is a private equity firm that specializes in acquiring founder and family-owned B2B companies with essential products and services. The company primarily invests in the manufacturing, distribution, and services industries, targeting businesses with recurring revenue and between $2 million and $7 million in EBITDA. Tide Rock takes a long-term investment approach and does not operate with a fund structure with a defined termination date. The recent acquisitions are in line with Tide Rock's focus areas and present opportunities for growth and synergies within the business portfolio. For access to the full story, subscribe to sdbj.com.

https://www.sdbj.com/finance/tide-rock-invests-in-a-trio-of-businesses/

Genasys (Nasdaq: GNSS) reported mixed results for the third quarter, with a 120% increase in software revenue and a 62% ...
08/26/2024

Genasys (Nasdaq: GNSS) reported mixed results for the third quarter, with a 120% increase in software revenue and a 62% drop in hardware revenue. The third-quarter revenue was $7.2 million, down 50% from the previous year. The CEO, Richard Danforth, acknowledged the challenges in hardware sales but highlighted the record pace of booking activity for this year. The company closed its 2023 fiscal year with revenue of $46.7 million and expects to receive approximately $75 million from a project with the Puerto Rico Electric Power Authority. Genasys also announced increased market share and expanded international sales, particularly in Europe, Asia, and the Middle East. For more on this story, subscribe to sdbj.com.

https://www.sdbj.com/technology/electronics/genasys-sees-revenue-boost-ahead/?oly_enc_id=2915B8540289A9W

The La Jolla Band of Luiseño Indians has found alternative ways to generate revenue and draw visitors. Instead of focusi...
08/23/2024

The La Jolla Band of Luiseño Indians has found alternative ways to generate revenue and draw visitors. Instead of focusing on indoor gambling, they have invested in outdoor adventures such as ziplines, campgrounds, hiking trails, and a water park. These ecotourism initiatives help support the tribe's infrastructure and economic needs. The tribe's innovative approach has proven successful, and they are now partnering with Applied Adventure Consulting to manage their zipline course. This venture aligns with the growing adventure tourism market, and the tribe is confident in its future despite financial challenges during the COVID-19 pandemic. For more, subscribe to sdbj.com.

https://www.sdbj.com/tourism/la-jolla-tribe-zips-with-ecotourism-biz/?oly_enc_id=2915B8540289A9W

08/22/2024

Join us as we look back at San Diego Business Journal’s 40 Under 40 event that celebrated the outstanding young professionals in San Diego who are making a real impact. Discover what separates these extraordinary business leaders, and prepare for an unforgettable experience! Tune in now!

08/22/2024

🎉 Join us or donate at http://www.nhcare.org/SummerFun for Neighborhood Healthcare's Fun Under The Sun Gala on Aug 31! 🌴 Get ready for an unforgettable evening with live music, Tahitian dancers, and delicious cuisine paired with our signature cocktail! 🌊

Support Neighborhood's mission to build healthy, happy communities by providing health care for everyone regardless of situation or circumstance! Thank you to our supporters--Biocom California, Cardiovascular Institute of San Diego, Inc., Gary & Maxine Kreitzer, and Jack & Caroline Raymond. 💙

Follow us at Neighborhood Healthcare to stay informed, learn about ways to give, and see new employment opportunities.

Joseph Wong Design Associates' latest project, the 36-story Simone apartment tower in Little Italy, won the 2024 Golden ...
08/21/2024

Joseph Wong Design Associates' latest project, the 36-story Simone apartment tower in Little Italy, won the 2024 Golden Nugget Best Multifamily Community of the Year award. The project offers a mix of studio, one-bedroom, and two-bedroom apartments and includes low-income housing. The rooftop deck with a lounge and swimming pool provides attractive amenities, and the building design incorporates high-quality features despite the challenging small site. The firm's upcoming project, Park Summit in Bankers Hill, will be completed in late 2026 and will feature 265 apartments, including extended-stay units, retail spaces, and restaurants. For more on the project, subscribe to sdbj.com.

https://www.sdbj.com/real-estate/architecture/jwda-wins-national-award-for-little-italy-apartment-tower/

Deborah Szekely, the co-founder of Rancho la Puerta, turned 102 years old in May and still actively contributes to the r...
08/19/2024

Deborah Szekely, the co-founder of Rancho la Puerta, turned 102 years old in May and still actively contributes to the resort. She meets with staff, gives lectures, and speaks about wellness. She attributes her longevity to not worrying and staying busy. She enjoys working and interacting with people. When asked about retirement, she said she doesn't plan to retire and advises others to have something to do. If she could make her career over, she might have chosen to work in Paris due to its accessibility to many countries. Read San Diego Business Journal’s full interview with her by subscribing to sdbj.com.

https://www.sdbj.com/wellness/approach-to-diet-exercise-hospitality-shaped-one-centenarians-journey/

Pete Halmay, 82, is the San Diego Fishermen’s Working Group president and a sea urchin diver. He retired from civil engi...
08/16/2024

Pete Halmay, 82, is the San Diego Fishermen’s Working Group president and a sea urchin diver. He retired from civil engineering because he preferred the unpredictability of diving over the engineering routine. Diving keeps him feeling great, but physical work is getting more complex. He's scaled back his diving time and focuses more on social and future-oriented work with the fishermen's group. He has no plans to retire and advises others to do what they love and retire when ready. He has no regrets and believes in enjoying the work you do. Subscribe to sdbj.com to read the full interview.

https://www.sdbj.com/agribusiness/making-the-jump-from-engineering-to-diving/

Amos Johnson Jr. first connected with the Southeast YMCA in 1949 as a fourth grader. He later became heavily involved wi...
08/14/2024

Amos Johnson Jr. first connected with the Southeast YMCA in 1949 as a fourth grader. He later became heavily involved with the organization, serving on the board and contributing to various initiatives for over 30 years. Johnson, now 86, continues to be an active member, citing the positive influence of significant adults in his own life as his motivation for helping young people. Even after retiring from financial planning, he remains committed to assisting families in need and finds fulfillment in making a difference. Despite the paperwork involved, Johnson plans to continue his work with the YMCA as long as he can, believing that the impact he makes contributes to making the world a better place. Read our exclusive interview by subscribing to sdbj.com.

https://www.sdbj.com/nonprofits/paying-it-forward-at-the-jackie-robinson-ymca/

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