Daily Business Report: Wednesday, Jan. 12, 2022

Illumina collaborates with Nashville Biosciences

to accelerate medicines development

Illumina Inc. and Nashville Biosciences LLC, a wholly owned subsidiary of Vanderbilt University Medical Center, announced a multi-year agreement to accelerate drug development through large-scale genomics and the establishment of a prominent clinical-genomic resource.

Using Illumina’s next-generation sequencing platforms (NGS), scientists and researchers will be able to better identify disease contexts and targets for intervention by analyzing data derived from Vanderbilt’s comprehensive high-quality biobank with approximately 250,000 unidentified human DNA samples and longitudinal samples. , structured medical data.

Drug discovery is a difficult, expensive and often time-consuming endeavor, with 90 percent of treatments failing in development. Medications available today work on just a few hundred targets in the body, while about 3,000 genes encode proteins that may be susceptible to drug intervention. Genomics-based methods can find targets that are more likely to modify disease in a beneficial way, with the potential to greatly improve the rate of therapy development.

County breaks ground on affordable

housing complex in Escondido

The county broke ground on Monday on a new 50-unit apartment complex for low-income seniors and elderly people who are homeless and have a serious mental illness.

Valley Senior Village in the center of Escondido will be an affordable community for adults 62 years and older. The complex is being built by the county in partnership with National CORE and the San Diego Community Housing Corporation.

Valley Senior Village will offer residents a range of medical and mental health programs and services, including casework, designed to promote stability and independence. The services will be provided by Hope through the Housing Foundation, San Ysidro Health and Interfaith Community Services through a contract with County Behavioral Health Services.

The $ 24 million complex includes about $ 10 million from the county’s Innovative Housing Trust Fund and No Place Like Home capital and operating financing, ensuring that development remains affordable in the Escondido community for 99 years.

Grand opening set for Apollo

affordable housing project in Poway

Poway Mayor Steve Vaus, Assemblyman Brian Maienschein and State Senator Brian Jones join Chelsea Investment Corporation for Thursday’s grand opening of Apollo, a 44-unit affordable housing community in Poway designed for seniors. Apollo is expected to be 100 percent occupied by the end of the month, with one-bedroom rent ranging from $ 1,101 to $ 1,329 and two-bedroom rent ranging from $ 1,240 to $ 1,592.

Apollo, located at 13098 Poway Road, on the northwest corner of Poway Road and Tarascan Avenue, is a three-story elevator-operated community with 44 on-site parking spaces. Fifteen of these units have a veteran preference, providing housing for an increase in veterans throughout San Diego County.

The County of San Diego has donated $ 450,000 to the project through its Innovative Housing Trust Fund. Because of the extra funds, units that would have been limited to between 50 percent and 60 percent AMI can now be targeted at 40 percent AMI households, making them more affordable for tenants.

Chelsea’s non-profit partner is Pacific Southwest Community Development Corporation.

The construction was done by Emmerson Construction and the architect was McKinley Associates.

Greater San Diego Association of Realtors

expands foreign partnerships

The Greater San Diego Association of Realtors forms new partnerships with foreign real estate associations and seizes the growing opportunities for its members to expand their business in international markets.

During the National Real Estate Convention held in San Diego, SDAR hosted 66 delegates from 24 countries for a tour of local real estate and networking events that provided the framework for negotiating reciprocity agreements with real estate associations in foreign countries. These agreements will help connect SDAR members to clients across the globe by building partnerships with international real estate agents and providing a stronger connection to international buyers.

According to the National Association of Realtors, from April 2020 to March 2021, foreign buyers bought over $ 54 billion in U.S. residential real estate, with California as the second largest destination among international buyers.

Governor projects $46 billion surplus

despite record California budget

Governor Gavin Newsom on Monday unveiled a proposed $ 286 billion state budget for 2022-2023 that provides major new spending to combat COVID, homelessness and drought, while still leaving a multi-billion dollar surplus.

Reinforced by federal pandemic support and capital gains tax paid by wealthy Californians as the stock market rose sharply, the budget represents a 9.1 percent increase over the previous year.

“With a profit of over $ 45.7 billion, California is a model for the nation on how we can confront our greatest existential threats and make historic investments in our future,” Newsom said.

He said his budget “fully funds our state’s rainy day fund and repays future commitments”, while “fighting the climate crisis, addressing persistent inequality and homelessness, keeping our streets safe and more.”

Patricia Fermán elected president

of local landscape architects group

Landscape architect Patricia Fermán has been elected president of the San Diego branch of the American Society of Landscape Architects (SDASLA) for 2022. In 2021, Fermán served as the newly elected president and will serve as former president in 2023.

Fermán is the primary landscape architect in Chula Vista’s development department and head of the Landscape Architecture Division. Her specialty is designing and implementing functional and attractive public outdoor spaces, such as streetscapes, parks and open spaces, using principles of complete streets, water-saving measures and city rules and regulations in a collaborative design process with stakeholders.

Fermán is originally from El Salvador and graduated in 1998 from UC Davis with a Bachelor of Science in Landscape Architecture. She is known for being very creative and motivated.

ASLA’s mission is to lead, educate and participate in careful management, clever planning and artful design of our cultural and natural environments.

Ryan Baker promoted to vice president

at Douglas Wilson Companies

Douglas Wilson Companies announced that Ryan C. Baker has been promoted to Vice President of the firm, where he will continue to lead Fiduciary Practice.

DWC is a real estate development, down payment and consulting firm that has completed more than 1,200 projects in 35 states worth over $ 15 billion.

Baker, who joined DWC in 2019, has been appointed to or served as principal agent in more than 150 trusteeships stemming from banks, private equity, debt funds, the Securities and Exchange Commission (SEC) and the Department of Justice.

Many projects combine the firm’s expertise as a recipient and DWC’s nationally recognized institutional real estate advisory and development platform.

Previously, Baker worked as a recipient for 10 years at Mosier & amp; Company Inc. from Costa Mesa, a court-appointed management and crisis management firm.

3Q Digital acquires San Diego’s Inseev Interactive

3Q Digital, the disruptive growth marketing agency whose goal is to turn brands into market leaders, announced the acquisition of Inseev Interactive, a leading SEO agency based in San Diego.

According to 3Q Digital, the combination of Inseev’s deep technical understanding with 3Q Digital’s growth-oriented approach to content and creative marketing will drive the next development in SEO. The acquisition will also add improved scalability and expertise to create content for 3Q Digital’s existing SEO offerings, the company said.

The acquisition also adds a significant number of brands to 3Q Digital’s customer list, including Touch of Modern, Rothy’s and Layla Sleep. Inseev’s founder and CEO Jimmy Page will join 3Q Digital as the founder. In addition, Inseev’s Vice President of SEO Wesley Flippo joins the 3Q Digital Senior Leadership Team as SVP, SEO.

Superindent search suspended for

San Diego Unified School District

Referring to rising COVID-19 infection rates in the county, San Diego Unified School District board leaders announced Friday that they would pause all activities related to the search for the district’s next superintendent during January.

Public forums scheduled for the coming week have been postponed. The district address, which was scheduled for January 18, will also be postponed.

Christopher Rice-Wilson, chairman of the district Superintendent Search Advisory Committee, said he supported the board in its decision to postpone events.

Lamont Jackson will continue to serve as interim superintendent until a permanent replacement is found. Jackson is one of two finalists for the position along with Susan Enfield, superintendent of Highline Public Schools in Burien, Washington.

North Island Credit Union offering

scholarships to San Diego students

The North Island Credit Union encourages students in San Diego County to apply for their 2022 Student Scholarship Program. Through the program, the credit union provides $ 20,000 in scholarships annually to recognize Southern California students who are motivated in their academic studies and active in their schools and communities.

San Diego County college-bound high school seniors and community college students who transition to a four-year college and who maintain a minimum grade point average of 3.0 are eligible to attend. Selection criteria include academic achievement, school or community engagement, a letter of recommendation and an essay submission.

Interested students can find more information and apply online at northisland.ccu.com/studentscholarship.

Online applications will be accepted through April 8, 2022. Recipients will be announced on May 2, 2022.

Sony Electronics’ Xperia 5 III now shipping

Sony Electronics Inc. announced that the Xperia 5 III will now ship in the US. Originally announced last year, the new smartphone will be available for sale as an unlocked model from Sony-authorized dealers at a suggested retail price of $ 999.99.

Orders placed on February 27, 2022 will receive WF-1000XM3 wireless noise canceling earphones (up to a $ 199.99 value) and 43,200 Call of Duty: Mobile CP Points on purchases (over a $ 500 value) in 5 with Xperia III. Xperia 5 III will be available in frosted black and green and comes with Android 11. Xperia 5 III in green will be available exclusively at www.electronics.sony.com.

National Pancreas Foundation partners

with Seqster to launch new patient registry

Seqster PDM Inc., a San Diego-based healthcare technology company, has announced its multi-year partnership with The National Pancreas Foundation, a nonprofit organization, to create the nation’s largest, most inclusive patient registry for pancreatic diseases. The innovative new register powered by Seqster connects to any EHR, genomic DNA test and portable / remote monitoring device, giving patients a complete real-time longitudinal health record.

The registry will put real-world patient data in the hands of advanced researchers who work tirelessly to improve care and develop new and improved treatments for people suffering from pancreatic disease. Chronic pancreatitis is inflammation of the pancreas that does not heal or improve. – it gets worse with time and leads to permanent damage.

Sources :

• marketplace.org