Top 13 public companies headquartered in North San Diego County:
$3.97 billion — Invitrogen Corp. (Carlsbad,Nasdaq: IVGN) leads the list by far, with a market value of more than $4 billion. The company started out by selling research products used by life sciences in industry, government and academia. Invitrogen constantly broadened its product line, adding new items as trends in biotechnology change. In recent years, it has expanded into the stem cell research area and sells dozens of related products.
$3.67 billion — ResMed Inc. (Poway, NYSE: RMD) makes products to treat sleeping disorders, such as sleep apnea.These disorders are believed to contribute to many illnesses, as well as reduced productivity. Its flagship product is a mask connected to an airflow generator. ResMed's chief executive, Peter Farrell, was named a national winner in the Ernst & Young Entrepreneur Of The Year contest in healthscience.
$2.54 billion — Realty Income Corp. (Escondido, NYSE: O) owns free-standing buildings that it leases to convenience stores, such as Taco Bell, Jiffy Lube and Big OTires. The company prides itself on its steady payment of dividends.
$1.57 billion — BioMed Realty Trust Inc.,(Rancho Bernardo, NYSE: BMR) is a real estate investment trust, orREIT, that buys office and lab space and leases it to biotech and other life science companies, government agencies and scientific research organizations. It serves biotechnology and pharmaceutical companies, scientific research institutions, government agencies and other entities involved in the life science industry.
$1.14 billion — Callaway Golf Co.(Carlsbad,NYSE: ELY) has been the leading seller of golf equipment since the 1990s.
$1.39 billion — Isis Pharmaceuticals (Carlsbad, Nasdaq: ISIS), is developing drugs with itsgene-blocking "antisense" technology. The company's flagship drug, mipomersen, lowers blood cholesterol and lipids, and has been viewed with growing excitement as a new treatment for cardiovascular disease. Recently, Isis received a $20 million equity investment in its Ibis subsidiary, which makes a biosensor to detect dangerous microbes.
$848 million — Cymer Inc. (Rancho Bernardo,Nasdaq: CYMI) makes lasers used in machines that etch circuitpatterns on semiconductor chips, such as CPUs, which are the"brains" of computers, and memory chips.
$624 million — ViaSat Inc. (Carlsbad, Nasdaq:VSAT) makes satellite modems, used by the military and for commercial applications. Its civilian products include a broadband modem, SurfBeam, for satellite-based Internet access. The company is building its own satellite that will deliver signals over SurfBeam.
$568 million — Genoptix (Carlsbad, Nasdaq:GXDX) provides diagnostic services to doctors, with an emphasis on blood cancers. These tests are useful not only to determine if a disease is present, but whether it is progressing or receding. That information helps oncologists determine if a cancer therapy is working. It went public last year.
$529 million — AMN Healthcare Services (CarmelValley, NYSE: AHS) is a temporary and permanent placement staffing company for nurses and doctors. The company has three divisions; temporary nurses of various specialties; temporary placement ofdoctors; and permanent placement of doctors.
$480 million — HomeFed Corp. (Carlsbad, OTC:HOFD.OB) develops and invests in master-planned communities, including San Elijo Hills in San Marcos. The company sells single family lots, multi-family and apartment units. It also sells school and retail sites as well as commercial space. The company was incorporated in 1988.
$365 million — Cohu (Poway, Nasdaq: COHU) makes, services and sells test equipment that challenges semiconductor components. Equipment from Cohu ensures that they will perform. The company also sells microwave communications equipment, television cameras and related products.
$373 million — Orexigen (Carmel Valley,Nasdaq: OREX) is a pharmaceutical company that is developing a drug for obesity. The company just received approval for a major patenton the drug, Contrave. It went public last year.
Source: © 2018, The San Diego Union-Tribune