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Ligand Pharmaceuticals Acquires La Jolla Based Company2009-10-28 12:18:14
Ligand Pharmaceuticals has acquired Metabasis, a San Diego biotech company, based out of La Jolla, CA. The price is just over three million dollars, however, after liabilities are factored in, the company will receive just under two million dollars.
Comments (0) | Views: 61 | Last Post: Oct 28 13:18:14 2009 San Diego Home Values Up and Down2009-10-28 12:11:20
Home values in San Diego rose more than 1.5% from July to August. This was a drop compared to June to July, where the increase was 2.5%. The San Diego real estate market has been hit hard with declining home values, with values dropping over twenty percent in some cases. Compared to a year ago, San Diego home prices dropped nearly nine percent.
Highlighting an even more drastic change, home values are down almost forty percent when compared with numbers from 2005. S&P economist David Blitzer stated that declining home values are not only improving on a national scale, but California is also seeing significant improvements. Some areas throughout the United States have already hit home values reminiscent of 2003 numbers, however, Blizter did say that it make take half a decade for Southern California home values to fully recover.
Comments (0) | Views: 39 | Last Post: Oct 28 13:11:20 2009 Scripps Institute Awarded New Grant for Cancer Research2009-10-27 13:17:13
A new grant has been awarded to the Scripps Institute in La Jolla, CA. The grant amounted to ten million dollars, spread out over five years, and will go towards funding a new oncology center. Officials have high hopes for a more in depth understanding of cancer cells.
-- Edited by La Jolla on Tuesday 27th of October 2009 02:17:28 PM Comments (0) | Views: 52 | Last Post: Oct 27 14:17:13 2009 San Diego and Los Angeles Home Prices UP!!2009-10-27 13:05:58
As I have reported in the past, the San Diego real estate market has been showing signs of recovery for some time now. It was one of the first markets to be affected by the housing crisis, so it only makes sense that it would lead the way in its recovery. The latest news shows that both Los Angeles and San Diego home prices rose over one percent compared to the previous month.
-- Edited by RLM on Tuesday 27th of October 2009 02:06:20 PM Comments (0) | Views: 45 | Last Post: Oct 27 14:05:58 2009
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