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Daily Business Report

Daily Business Report: Oct. 11, 2023

California bans cosmetics chemicals, following EU

By Levi Sumagaysay (CalMatters)

Your favorite perfume, nail polish or hair dye may have to undergo a makeover by 2027 if it has one of 26 potentially toxic ingredients now banned by California. 

A new law signed by Gov. Gavin Newsom will ban more than two dozen ingredients from cosmetics and other personal care products in California — and most likely the rest of the nation.

The ingredients — which can raise the risk of burns, cancer, birth defects, reproductive problems and more — are among 1,600 that already have been banned in the European Union, but not in the United States. So California is taking the lead among the states in trying to make personal care products safer.

Some of the 26  ingredients banned under the bill include:

• vinyl acetate, which is found in some nail polishes and helps bind them to nails; 

• anthraquinone, which is found in some hair-coloring products; 

• lilial, or lily aldehyde, which is used to give a lily scent to many products and can be found in many popular brands of perfumes, shampoos, body washes and more. 

The first two are believed to raise the risk of cancer, while lilial may reduce fertility, according to the European Chemicals Agency, which implements the EU’s regulation of chemicals.

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Photo: A customer looks at make-up products at a CVS store in Pasadena on Sept. 21, 2020. (Photo by Mario Anzuoni, Reuters, via CalMatters)

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San Elijo Lagoon Pedestrian Bridge (Credit: Pablo Mason)

Safdie Rabines Architects grabs two ‘Orchid’ awards

Safdie Rabines Architects, a 30-year-old San Diego firm established by husband-and-wife Ricardo Rabines and Taal Safdie, received two “Orchids” awards for the design of the San Elijo Lagoon Pedestrian Bridge and the Epstein Family Amphitheater at UC San Diego. The awards were part of the annual “Orchids & Onions” program.

The San Elijo Lagoon Pedestrian Bridge, completed in June 2022, spans the lagoon between Encinitas and Cardiff and provides increased pedestrian access to several favorite shoreline trails in this area. The Epstein Family Amphitheater, opened in October 2022, is a multi-functional performance venue at the gateway to UC San Diego’s campus. 

Epstein Family Amphitheater (Photo courtesy of Safdie Rabines Architects)

Current projects of the Mission Hills-based firm include Midway Rising in the sports arena area of the Midway District, and North City in San Marcos, a large-scale development primed to be North County’s newest downtown district.

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Sports San Diego to manage California State Games

Sports San Diego announced that it will be taking over management of the California States Games under its umbrella of growing sports properties, which includes the Holiday Bowl, Rady Children’s Invitational, and serving as the region’s Sports Commission.As a community-based member of the United States Olympic Committee, the California State Games has hosted the largest amateur sports festival in the state since 1988.The California State Games includes both a Winter and Summer competition comprised of over 20 sports and over 10,000 athletes.

In addition, San Diego has been selected to host the 2024 State Games of America, a biennial Olympic-style youth competition that features medalists from State Games throughout the country. The California State Games and San Diego Tourism Authority partnered on this successful bid in 2020 to bring the Games to San Diego. 

More than 18,000 athletes are expected to compete in the competition across multiple venues in San Diego from July 17-21, 2024. San Diego last hosted the State Games of America in 2011.

SDSU launches bachelor’s degree in Leadership Studies

By Michael Klitzing | SDSU

One of San Diego State University’s most popular cross-disciplinary minors will now be offered as a major.
Students interested in developing themselves into self-aware, culturally competent, transformational leaders are now able to pursue a new degree in the College of Education: a Bachelor of Science in leadership studies. The program builds on the success of the leadership minor that has been offered by the college, in partnership with the SDSU Division of Student Affairs and Campus Diversity, for the past eight years.

More than 100 students per year go through the minor, which entails 15 units of interdisciplinary coursework, fieldwork and a capstone project in collaboration with an employee learning organization within Microsoft. 

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UCSD Health to buy Alvarado Hospital for $200 million

Beset by crowded conditions at its two existing hospitals in La Jolla and Hillcrest, UC San Diego Health on Monday said it plans to add a third medical campus, signing a preliminary purchase agreement to buy Alvarado Hospital Medical Center from Prime Healthcare for $200 million.

The 302-bed college area facility’s nearly 800 employees learned of the news in a companywide announcement early Monday evening.

Patricia Maysent, the university health system’s chief executive officer, said Alvarado will serve as UC San Diego Health‘s “east campus” and will likely be added as a new option for existing and new patients as soon as December after the deal is complete.

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Dassault Falcon 900EC series aircraft. (Katsuhiko Tokunaga/Katsuhiko Tokunaga/DACT Inc.)

FAA approves Viasat’s Ka-band in-flight

connectivity system for Dassault Falcon aircraft

Carlsbad-based Viasat Inc. a global leader in satellite communications, and Dassault Falcon Jet, announced the Federal Aviation Administration (FAA) approved the installation and use of Viasat’s Ka-band in-flight connectivity (IFC) system, powered by the Global Aero Terminal 5510, on Dassault Falcon 900EX series aircraft. Effective immediately, Viasat’s high speed connectivity solution is available at Dassault owned service centers globally.

With Viasat’s Ka-band service, Dassault Falcon 900EX series operators can benefit from similar connectivity in-flight as they do on the ground. In fact, this year Viasat reported a 50 percent increase in typical connectivity speeds delivered previously to its Ka-band business jet customers. 

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San Diego Electric Vehicle Day set for Oct. 14

The 11th annual San Diego Electric Vehicle (EV) Day sponsored by San Diego Gas & Electric is set for Saturday, Oct. 14, at Snapdragon Stadium in Mission Valley. The free, family-friendly event is expected to be the biggest to date, since EV Day was first started in 2016 at the San Diego Car Show. Hours are from 10 a.m. to 3 p.m. Electric vehicles will be on display and available for test drives.

Aethlon Medical receives clearance for Hemopurifier product

Aethlon Medical Inc.,  a medical therapeutic company focused on developing products to treat cancer and life threatening viral infections and for use in organ transplantation, announced it has received clearance from the Drug Controller General of India (DCGI), the central drug authority in India, to conduct a phase 1 safety, feasibility and dose-finding trial of the company’s Hemopurifier in patients with solid tumors who have stable or progressive disease during anti-PD-1 monotherapy treatment.

Axon showcases products at International

Association of Chiefs of Police conference

Axon Enterprise Inc., the global public safety technology leader, will showcase its commitment to innovation this week at the annual International Association of Chiefs of Police conference at the San Diego Convention Center Oct. 14-17. Axon’s presence will include a 4,000-square-foot immersive experience in the exhibition hall where attendees can go hands-on with Axon’s newest products TASER 10 and Axon Body 4.

Quick Custom Intelligence partners with Modulus

Quick Custom Intelligence (QCI) announced a strategic partnership with Modulus, a leading international supplier of gaming management systems to over 300 casino resorts. This significant collaboration will enable QCI to expand its global footprint and leverage Modulus’s comprehensive solution and well-established relationships to deploy advanced Artificial General Intelligence-enabled technology solutions throughout the gaming and hospitality industry.

Poseida Therapeutics announces leadership transition

Poseida Therapeutics Inc., a clinical-stage cell and gene therapy company advancing a new class of treatments for patients with cancer and rare diseases, announced the appointment of Mark Gergen as executive chairman and the transition of Kristin Yarema, currently president, cell therapy, to the role of president and chief executive officer, each expected to be effective Jan. 1, 2024. A 30-year biotechnology industry veteran,  Gergen joined Poseida in February 2018.

TAVO Media Group executives to attend Elevate Summit 2023

TAVO Media Group, a leading digital media company, announced the participation of its women executives, Katie Fegen, Lindsay Temperman, and Alannah Petrie, at the Elevate Summit 2023 Jan. 23 in Cincinnati. Elevate, Together Digital’s National Conference, is recognized as the year’s must-attend conference, offering diverse topics and empowering experiences for women in the digital industry.

Toragen announces full enrollment in cancer clinical study

Toragen Inc., a San Diego-based clinical-stage biotechnology company focused on developing uniquely selective drugs targeting cancers caused by viruses, announced that it has fully enrolled patients in Cohort 1 of its Phase 1 clinical study to evaluate TGN-S11, its first drug candidate, in patients with HPV-associated cancers. This Phase 1 trial is an open-label, non-randomized study in cohorts of patients with relapsed, resistant, or metastatic HPV-associated cancers.

Powur PBC adds Tesla Powerwall to it platform

Powur PBC, a platform-based company simplifying the path to clean energy, announced that it is bolstering its sales enablement and project fulfillment platform by adding Tesla Powerwall to its battery energy storage offering. The addition further advances Powur’s goal of providing diverse clean energy solutions to help people upgrade to a customized smart energy home and achieve energy independence. Tesla Powerwall can now be sold through the largest national residential solar sales network.

General Atomics advances Aerial Recovery System

General Atomics Aeronautical Systems Inc. (GA-ASI) recently advanced its Aerial Recovery System for Small Unmanned Aircraft Systems/Air-Launched Effects by deploying and retracting a towline with a “smart end feature” from a General Atomics MQ-20 Avenger Unmanned Aircraft System in flight. The demonstration took place on Sept. 20, 2023, over Dugway Proving Ground, Utah. A hoist from Breeze-Eastern was used.

Brixton Capital acquired 300-unit apartment complex in Phoenix

Solana Beach-based Brixton Capital, a privately-held real estate investment company, has acquired Alta Warehouse District, a Class A, 300-unit apartment community in downtown Phoenix’s rapidly expanding Warehouse District. Completed in 2023, and developed by Atlanta-based Wood Partners, Alta Warehouse is Brixton’s first multifamily acquisition in the Phoenix MSA. The property, located at 402 W. Lincoln St., offers residents extensive amenities.

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