San Diego Sees Major Boost in Economy
Staff Report / Sanlocal.org
In a positive development for San Diego's economy, pharmaceutical company Novartis has acquired Kate Therapeutics for $1.1 billion. This acquisition is expected to have significant implications for the local healthcare landscape.
Additionally, the University of San Diego is marking its 75th anniversary this year, celebrating with a record donation of $75 million specifically aimed at enhancing STEM (Science, Technology, Engineering, and Mathematics) programs at the institution.
Furthermore, Dexcom, a company known for its continuous glucose monitoring systems, has announced a partnership with OURA, involving a $75 million investment. This collaboration is anticipated to bring advancements in the field of health technology.
These announcements highlight key developments in San Diego's industry and education sectors.
Source: San Diego Regional Econ Dev
Source Type: Business
Source Location: San Diego
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