Carlsbad continues to emerge as a center of biotechnology research. Recent news indicates that Domain Associates, one of the nation's leading health care venture funds with offices in Princeton N.J., is relocating its Southern California headquarters here.
Domain is a $1.4 billion fund that invests mainly in small-cap heath care companies. They currently have a client list of more than 115 companies, San Diego firms include: Amylin Pharmaceuticals, Cardio Dynamics, Gensia Pharmaceuticals, La Jolla Pharmaceuticals and SkinMedica, Inc. The exact date of the move has not been announced.