San Diego News

Tue, Dec 11, 2012

The Port of San Diego's board of port commissioners voted unanimously on Tuesday to move forward on negotiations to develop 20 acres of land in National City.


The 172-acre Pala Mesa Golf Resort in Fallbrook has been acquired for an undisclosed sum.


While video stores are disappearing, the spaces they used to occupy are being reborn as everything from a Discount Tire store in Rancho Penasquitos to a Massage Envy outlet in University City.


San Diego Superior Court is seeking dedicated residents with sound judgment from throughout the county to serve on the 2013/2014 San Diego County Grand Jury.


EvoNexus is accepting the next round of applications for high-tech startups that want to work in a rent-free incubator.


San Diego Superior Court Judge Luis R. Vargas has accepted a position at the San Diego County district attorney’s office.


San Diego-based Genalyte Inc. won a Small Business Innovation Research (SBIR) grant to develop multiplexed diagnostic assays for the early detection and monitoring of type 1 diabetes.


BIOTECH | FINANCE

Children's medicine maker Pernix Therapeutics Holdings Inc. said Tuesday that it will buy insomnia treatment maker Somaxon Pharmaceuticals Inc. for about $25 million in stock.


Carlsbad-based BluFi Lending, a direct lender for home loans, opened up shop in the Las Vegas market.


Health care providers in the county are in the middle of upgrading and expanding their medical facilities with more than a billion dollars in capital improvement projects, with several in the design phase and under construction.


HEALTH | GOVERNMENT | FINANCE | LIFESTYLE

San Diego Hospice will see its budget drop by $20 million, layoff about a fourth of its staff and be forced to discharge roughly 400 patients as Medicare enforces stricter compliance with its guidelines, which limits care to patients that have only six months or less to live.


Encore Capital Group Inc announced it sold $100 million in aggregate principal amount of its 3 percent Convertible Senior Notes due 2017 in a private placement transaction, and Isis Pharmaceuticals Inc announced a strategic alliance with AstraZeneca for the discovery and development of novel generation antisense therapeutics to treat five types of cancer, according to company announcements, SEC filings and Bloomberg News.


The following "Local Notes" appeared in The Daily Transcript's Dec. 12, 1912 issue:
A six-cylinder Alco, the official pathfinder to map out the course for the race on New Years, today left this city to take a run over the proposed course. Escondido will have two cars in the race.


A vacant 60,984-square-foot (1.4-acre) parcel at 7808 El Cajon Blvd., La Mesa 91942, has been sold for $1.2 million.


(AP) -- Jacobs Engineering Group Inc. said Tuesday that it received a contract worth up to $20 million to provide San Francisco Bay Area Rapid Transit with on-call construction management services.



Tue, Dec 11, 2012

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