BioMarin Pharmaceutical Inc. (Nasdaq: BMRN) has agreed to pay La Jolla Pharmaceutical Co. (Nasdaq: LJPC) as much as $289 million for La Jolla's investigational drug Riquent, the two companies announced Tuesday.
The Allen Group, a privately-held commercial development firm that has built more than 2 million square feet of office properties in the county, has moved its headquarters from San Diego to Dallas.
Developers have been as affected by shrinking U.S. credit markets as borrowers in other industries. During 2008, construction loan rates fluctuated depending on terms and banks’ loan portfolios were transformed.
Cubic Defense Applications, the defense systems subsidiary of Cubic Corp. (NYSE: CUB), announced that its iPod-sized low-power data link performed successfully during recent high-profile military flight tests at Patuxent River Naval Air Station, Md.
Halozyme Therapeutics Inc. (Nasdaq: HALO), a San Diego biopharmaceutical company, has received $5.5 million from Baxter Healthcare Corp. representing the final prepaid product-based payment due under the terms of its Hylenex licensing agreement, which provides Baxter with exclusive distribution rights.
Carlsbad-based Isis Pharmaceuticals Inc. (Nasdaq: ISIS) has announced that health care company Abbott (NYSE: ABT) has completed its purchase of Isis subsidiary Ibis Biosciences for a closing purchase price of $175 million.
David S. Casey Jr. will oversee four bipartisan committees established by U.S. Sen. Dianne Feinstein (D-Calif.) to screen nominees for U.S. district court judge, U.S. attorney and U.S. marshal that she will recommend to President-elect Barack Obama.
Stradling Yocca Carlson & Rauth recently assisted publicly held SpaceDev Inc., of Poway, in its acquisition by Sierra Nevada Corp. (SNC) for $38 million. As a result of the merger, SpaceDev is now a wholly owned subsidiary of SNC.
Marcus & Millichap Real Estate Investment Services handled the sale of a 99,197-square-foot, single-tenant office building in Huntsville, Ala., occupied by San Diego-based Science Applications International Corp.
San Diego’s Top Influentials highlights the Who’s Who in San Diego business, profiling the top newsmakers of 2008.
Visit www.sddt.com/influentials for the full report.
COLUMBUS, Ohio (AP) -- Oil prices gave up early gains Tuesday as fresh signs of a deepening U.S. recession trumped tensions in the Middle East and worries over natural gas shortages in Europe.
SACRAMENTO (AP) -- Republican lawmakers and anti-tax groups on Tuesday sued to block an $18 billion Democratic budget package, claiming it included tax increases that were not passed by the required two-thirds majority in the Legislature.
