Our favorite Carlsbadistan based life sciences company Life Technologies Corporation just purchased a Connecticut based DNA sequencing company for $375 million in cash and stock.
Ion Torrent has revolutionized DNA sequencing by enabling a direct connection between chemical and digital information through the use of proven semiconductor technology. The result is a sequencing system that is simpler, faster, less expensive and more scalable than other sequencing technologies. As previously announced, the first product using this technology will be the Personal Genome Machine (PGM) sequencer, which will launch in the fourth quarter of 2010.
The reports that the purchase will be two cents dilutive to the Life Tech stock in 2010, neutral in 2011, and will start brining in the cash in 2012. Guess we have to play a bit of a longer game on this one. Follow the jump for all the details. [click to continue…]
In a story for the San Deigo Reader writer Don Bauder does a very thorough round-up of all the “network marketing” companies founded in Carlsbadistan in recent years. Names like Who’s Your Daddy, Gia Wellness, and Cal Nutrisciences, are all covered, but the story hinges mostly on Actis Global Ventures‘ Roy Grimm and the slew of companies he has started, closed, and/or sold all based right here in Carlsbadistan.
Makes us wonder why Carlsbadistan is such a hot-bed of MLM? Is it the weather? The cheap office space? Or, do people love living her so much that they’ll do almost anything to get paid?
What other Carlsbadistan business can magically transform a $120 Spaulding basketball into a $899.99 limited edition sports collectible with a Sharpie (and LeBron James, of course)?
The first four newly signed LeBron James products from UDA are currently on sale at www.upperdeckstore.com. An autographed Spalding basketball, limited to 100 with a specially stamped Miami Heat logo on one of its panels, retails for $899.99, while an autographed 16″ X 20″ “Welcome to Miami” photo showing LeBron wearing his new No. 6 Heat home uniform sells for $699.99. In addition, a signed 36″ x 18″ “Witness Miami” photo of LeBron, limited to 100, sells for $749.99, while an open edition Spalding basketball signed by James retails for $799.99.
Carlsbadistan’sRaw Skin Surf N Sports surf shop owner Sandra DeLaRosa is repainting her shop, but she’s not going to get any help from the the City of Carlsbad’s Village beautification grant project because the paint she’s using is the wrong color, according to a story in the North County Times.
Debbie Fountain, the city’s housing and redevelopment director, sympathized with DeLaRosa. However, Fountain said the city is bound by the Carlsbad Village master plan, which dictates that colors must be pastel or other subdued shades. . . .”We’re not saying it’s unattractive; that’s just not the intent of the master plan,” Fountain said. . . While store owners are free to paint with unapproved colors, the city can’t help pay for it, Fountain said.
It should come as no surprise to anyone that free money is never really free. Even in the Village of Carlsbadistan.
Those “no vehicles over seven feet tall” restrictions would come in very handy on a day like today at the Carlsbadistan seawall. . And we thought that Vons shopping cart was an eyesore.
An old man who reportedly “blacked out’ behind the wheel of his Ford truck plowed into a home near Pio Pico and Las Flores Drive this morning, according to a story in on NBC San Diego.
The wreck took place at about 10:15 a.m. near the intsection of Pio Pico and Las Flores Drive. Police said after the crash that an elderly driver blacked out at the wheel before slamming into the home. . . A woman who was home at the time was unhurt. She said the truck crashed into her kids’ bedroom and that she believes they could have been killed if they weren’t at school.
The City of Carlsbad handed out its Citizens of the Year Award at a special ceremony this evening and Mayor Claude A. “Bud” Lewis, his wife, Bev Lewis, and longtime community volunteer Doris Lee Ritchie were all recognized.
The Citizen of the Year program is more than 40 years old and honors community members who have given their time and energy toward the civic improvement, beautification and betterment of the City of Carlsbad. This year’s honorees were selected by a four-person committee of Carlsbad residents and recognized during a ceremony at Carlsbad City Hall, just prior to the regularly scheduled City Council meeting.
We’d like to say thank you for everything that all of you have done. Follow the jump for all the details. [click to continue…]
Our favorite Carlsbadistan based life sciences company, Life Techonologies Corporation, has created the new position of Chief Medical Officer and named Dr. Paul R. Billings as the first to fill it.
Dr. Billings has had a distinguished career as a physician and researcher. He has been a founder or chief executive officer of companies involved in genetic and diagnostic medicine, including GeneSage, Omicia and CELLective Dx Corporation. Previously, he was senior vice president for corporate development at Laboratory Corporation of America Holdings (LabCorp). He has held academic appointments at some of the most prestigious universities in the United States, including Harvard Medical School, Stanford School of Medicine and the University of California, Berkeley, and has served as a physician at a number of medical centers throughout the country, including the University of California, San Francisco. He is the author of nearly 200 publications and books on genomic medicine. Dr. Billings holds an M.D. from Harvard Medical School and a Ph.D. in immunology, also from Harvard University.
Sounds like a nice addition to the team and to Carlsbadistan in general. Welcome, Dr. Billings. Follow the jump for all the details. [click to continue…]
Carlsbadistan’s Beech St. has a big hole (right next to McGee Park) in it thanks to the Beech Street Sewer project by the City of Carlsbad. We do not suggest attempting to drive over it.
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Our favorite Carlsbadistan based life sciences company Life Technologies Corporation just purchased a Connecticut based DNA sequencing company for $375 million in cash and stock.
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Motorhomeless On The Seawall
by The Editors on October 5, 2010
Those “no vehicles over seven feet tall” restrictions would come in very handy on a day like today at the Carlsbadistan seawall. . And we thought that Vons shopping cart was an eyesore.
Wonder if this rig has anything to do with this story from the New York Times.
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