Xconomy

SEPTEMBER 19, 2016

Not long after ViaSat (NASDAQ: VSAT ) acquired San Diego-based LonoCloud in 2013 , former LonoCloud executives Tom Caldwell and Hossein Eslambolchi met for coffee at the Specialty’s Café and Bakery in University City. Webroot also plans to expand in San Diego, and Caldwell said he plans to stay on.

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San Diego Artificial Inteligence Universal City Chief Technology Officer 40

Xconomy

SEPTEMBER 15, 2016

The Connect Innovation Report found that 405 software, technology, and life sciences startups were created last year in San Diego County. Software startups made up nearly 63 percent (255 companies created) of all new high-tech ventures created in 2015, a trend fueled chiefly by software app development, according to the report.

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San Diego Report High Tech Study 40

Xconomy

JULY 24, 2018

Nabriva Therapeutics has acquired Zavante Therapeutics in a stock deal that brings to the antibiotics developer an FDA-ready drug. Under the deal terms announced after the market close Tuesday, San Diego-based Zavante received an upfront payment of 8.2 million Nabriva (NASDAQ: NBRV ) shares.

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Acquisition San Diego Marketing Develop 49

Xconomy

OCTOBER 10, 2018

Ligand Pharmaceuticals said Wednesday that its acquisition of U.K.-based million deal netted the San Diego company eight partner programs and a 70-person R&D team in Cambridge, England, plus about $32 million in cash after deal costs. Vernalis’s programs include drugs being developed for the respiratory and oncology sectors.

San Diego 63

San Diego .Net Acquisition Platform 63

socalTECH

JANUARY 27, 2009

San Diego-based Websense said Tuesday that it has acquired Defensio, a provider of technology for dealing with spam on social networking and Web 2.0 Financial terms of the acquisition were not announced. Defensio's tools are used to stop comment spam in blogs. READ MORE>>.

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Web 2.0 Social Network Blogging San Diego 100

Xconomy

SEPTEMBER 25, 2020

Grail set out with the goal of developing a diagnostic test that detects cancer from the genetic snippets tumors shed into the blood. Four years ago, Illumina spun out cancer diagnostics startup Grail. This week, the gene sequencing giant announced it is acquiring Grail in an $8 billion cash and stock deal.

Acquisition 85

Acquisition Ideas Startup Technology 85

Xconomy

JULY 10, 2019

Eight years after San Diego biotech Prometheus Laboratories was acquired by Nestlé Health Science , the diagnostic business has been sold again, this time to a little-known biotech called Precision IBD that plans to lay off approximately a quarter of Prometheus’s workforce.

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Layoffs San Diego Develop Development 91

Xconomy

AUGUST 11, 2020

San Diego-based Ligand (NASDAQ: LGND ) generates revenue from licensing deals and royalties paid by pharmaceutical companies that use technologies it develops or acquires for their own drug research. The company reported revenues of about $120.3 million in 2019.

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San Diego Technology Research Pricing 98

Xconomy

SEPTEMBER 11, 2019

Avalon said Tuesday that GSK (NYSE: GSK ) has agreed to buy the company, Sitari Pharmaceuticals, which has been developing a treatment for celiac disease. Financial terms of the acquisition were. As part of the deal, Sitari received $10 million in Series A financing. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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Avalon Invest Southern California Develop 56

Xconomy

MARCH 16, 2018

There’s never a dull moment these days at Building N, the San Diego headquarters of Qualcomm (NASDAQ: QCOM ), the wireless technology giant and the world’s biggest maker of the advanced components used in smartphones. [ Updated 3/16/18 3:30 pm. Updated with Qualcomm board announcement. ]

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San Diego Develop Development Technology 45

Xconomy

JULY 19, 2019

Carlsmed, a San Diego-based medical technology company that’s developing personalized spinal implants, has merged with Precisive Surgical, a spine imaging system startup in Seattle. Financial terms weren’t disclosed.

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San Diego Company Companies Startup 67

Xconomy

FEBRUARY 26, 2020

About three years ago fledgling San Diego-based startup PvP Biologics announced a $35 million deal with Takeda Pharmaceutical that gave the Japan pharma giant rights to acquire the company down the line. That day is here.

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San Diego Study Develop Development 72

Xconomy

JANUARY 28, 2020

San Diego regenerative medicine company Histogen announced an agreement to gain a Nasdaq listing through a merger with Conatus Pharmaceuticals (NASDAQ: CNAT ).

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San Diego Marketing Company Companies 63

Xconomy

APRIL 12, 2017

Lymber was barely a year old when Mindbody (NASDAQ: MB ) announced recently that it acquired the San Diego mobile app developer. Lymber, named as a 2017 Xconomy San Diego startup to watch , has developed a technology platform that enables mobile users to book openings in fitness and wellness classes.

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San Diego Class Mobile Platform 75

socalTECH

DECEMBER 26, 2018

In my new role as the first executive director for the Alliance for Southern California Innovation, I spent a lot of time outside of my home turf of Pasadena -- visiting innovation nodes such as San Diego, Irvine, Riverside, Santa Barbara, Venice, Santa Monica, and others.

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Southern California SoCal Pasadena Startup 113

Xconomy

JANUARY 13, 2020

The division of San Diego-based Human Longevity generated approximately $10 million in revenue in 2019—an amount NeoGenomics (NASDAQ: NEO ) thinks it can grow by nearly 50 percent, says Charlie Eidson, investor relations and corporate development analyst, NeoGenomics.

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San Diego Outsource Development Services Develop 63

Xconomy

MAY 15, 2018

With the Bio-IT World Conference opening today in Boston, San Diego-based Illumina (NASDAQ: [[ticker:ILMN) said it has acquired Edico Genome, a five-year-old startup with technology to accelerate the readout of next-generation sequencing data. Illumina withheld terms of the deal in a statement released this morning.

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San Diego Conference Software Capital 75

Xconomy

APRIL 22, 2020

Veteran biotech executive Laura Shawver is taking over as CEO at Silverback Therapeutics, joining the cancer drug developer as it is poised to move its first compound into the clinic. billion acquisition of La Jolla, CA-based Synthorx , the biotech Shawver most recently headed.

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Acquisition Develop Development San Diego 99

Xconomy

AUGUST 11, 2020

KaNDy’s small molecule drug, NT-814, is in development as a treatment for common symptoms of menopause, such as night sweats and hot flashes. Under the terms of the acquisition agreement, Stevenage, UK-based KaNDy could earn up to $450 million more in milestone payments as the drug approaches.

Startup 120

Startup Acquisition Develop Development 120

Xconomy

OCTOBER 23, 2017

Things have been moving quickly in recent weeks for the San Diego RNA drug developer Arcturus Therapeutics. In a statement last week, Arcturus said it would work with Janssen to develop and commercialize its proprietary technologies for developing nucleic acid-based drug products for the treatment of hepatitis B.

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Arcturus San Diego Research Develop 65

Xconomy

DECEMBER 10, 2018

The company’s bread and butter has been licensing software for remote document capture, such as bank checks, but it is also developing a new business in digital identification verification. The stock price of Mitek (NASDAQ:MITK) rose nearly 9 percent on the news, closing at $9.75.

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Pricing Acquisition News Software 43

Xconomy

FEBRUARY 23, 2020

A migraine drug that Lundbeck added to its pipeline via its nearly $2 billion acquisition of Alder BioPharmaceuticals won FDA approval on Friday. The drug, eptinezumab (Vyepti), is part of a new class of antibody therapies developed to prevent migraine attacks before they start.

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Class Acquisition Marketing Develop 105

Xconomy

AUGUST 10, 2016

On the day after Intel announced its acquisition of San Diego machine learning startup Nervana Systems, investor Steve Jurvetson told me he was feeling a sense of satisfaction about a call he made three years ago, and how it has been playing out.

Artificial Inteligence 40

Artificial Inteligence San Diego Framework Venture Capital 40

Xconomy

JULY 31, 2020

This week the neuroscience drug developer reached a deal to merge with publicly traded Arya Sciences Acquisition Corp II. The biotech IPO market is buzzing but Cerevel Therapeutics is showing that there’s more than one path to the public markets.

Pricing 72

Pricing Acquisition Capital Marketing 72

Xconomy

JANUARY 7, 2020

When a group of scientists from Amira Pharmaceuticals wanted to start a new biotech after the company’s 2011 acquisition by Bristol-Myers Squibb , Celgene provided seed funding. Eventually Celgene kicked in $35 million more for a research collaboration, an equity stake, and an exclusive option to acquire the startup, PharmAkea Therapeutics.

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Seed Funding Equity Research Acquisition 63

Xconomy

JULY 7, 2016

Pernix Therapeutics is slashing its headcount by more than 20 percent as the specialty pharmaceutical company tries to move toward profitability after a streak of acquisitions. In 2014, Pernix, then based in The Woodlands, TX, acquired San Diego-based Somaxon Pharmaceuticals. Those acquisitions helped Pernix reach $175.8

Sales 40

Sales San Diego .Net Report 40

Xconomy

MARCH 20, 2017

Japan’s Murata Manufacturing has acquired Arctic Sand Technologies of Burlington, MA, and plans to combine Arctic Sand’s low-power semiconductor technology with its San Diego-based subsidiary, Peregrine Semiconductor. The purchase price was $68 million, according to a Peregrine spokeswoman.

San Diego 63

San Diego Mobile Pricing Technology 63

Xconomy

JUNE 14, 2019

Is one of the bigger biopharma acquisitions of the year in trouble? billion buyout of gene therapy developer Spark Therapeutics (NASDAQ: ONCE ). This past week, antitrust regulators once again delayed Roche’s planned $4.8

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News Competition Acquisition Report 97

Xconomy

MARCH 6, 2020

Acquisitions would help meet that ambitious goal, and this week Gilead announced one of them: a nearly $5 billion deal for cancer immunotherapy developer Forty Seven. Last month, Gilead Sciences CEO Daniel O’Day announced plans to introduce 10 “transformative medicines” over the next 10 years.

Acquisition 84

Acquisition Help Develop Development 84

Xconomy

JULY 12, 2018

The pair announced Wednesday that Broadcom (NASDAQ: AVGO ), which moved its headquarters from Singapore to San Jose, CA, earlier this year, plans to pay $18.9 billion in cash for CA Technologies (NASDAQ: CA ), which makes software and provides services for everything from IT management to app development to cybersecurity.

Technology 45

Technology San Diego Software Services 45

Xconomy

AUGUST 8, 2016

It’s been less than a year since Needham, MA-based PTC (NASDAQ: PTC ) shelled out $65 million to acquire Vuforia, the augmented reality technology created by San Diego-based Qualcomm (NASDAQ: QCOM ). Vuforia’s headquarters has remained in San Diego, and Vuforia continues to operate four offices in Europe and Israel, Wright said.

San Diego 40

San Diego Mobile Examples .Net 40

Xconomy

AUGUST 21, 2020

While business is historically slow in August, this month seems to be bucking the trend, just like so many other unexpected developments in 2020. Perhaps life sciences executives have been less distracted by summer excursions this year in a world in which the COVID-19 pandemic has significantly curtailed travel.

Acquisition 76

Acquisition Develop Development San Diego 76

Xconomy

DECEMBER 27, 2018

It was a year of big exits—both IPOs and acquisitions—for tech and life sciences companies. As the year winds down, we’re reflecting on the big innovation trends and developments that will carry over to next year. 2018 was a year of ups and downs for the business and technology community.

Artificial Inteligence 98

Artificial Inteligence Acquisition Technology Funding 98

Xconomy

JANUARY 18, 2018

San Diego and San Francisco. There were a few notable absences from the list, released early today. Detroit, MI, which had high expectations as a competitor, was left out, as was Madison, WI, and most of California. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

San Diego 52

San Diego Software Development Web Incubator 52

Xconomy

DECEMBER 26, 2018

The sector saw more big venture capital deals and acquisitions , while researchers kept plugging away on technology advances. developers continued to grapple with issues around transparency, trust, and ethics. It was an eventful year for the artificial intelligence industry. Meanwhile, A.I.

Artificial Inteligence 94

Artificial Inteligence Venture Capital Research Acquisition 94

Xconomy

NOVEMBER 5, 2018

Broadcom gained Veracode as a part of its blockbuster acquisition of CA Technologies. New York-based CA makes software and provides services for everything from IT management to app development to cybersecurity. Broadcom (NASDAQ: AVGO ) announced in June it would acquire CA Technologies (NASDAQ: CA ) for $18.9

Technology 75

Technology Equity Acquisition Software 75

Xconomy

SEPTEMBER 7, 2016

Retrophin , the drug developer founded by controversial former biotech executive Martin Shkreli, has posted positive results from a midstage study for its treatment for a rare kidney disease. He licensed the drug from San Diego-based Ligand Pharmaceuticals (NASDAQ: LGND ) in March 2012. to $30 apiece.

San Diego 40

San Diego Pricing Study Journal 40