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Fulgent Genetics Poised For IPO On Wednesday

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Hsieh--who holds the majority shares in Temple City-based Fulgent--is being honored by USC for the 10th anniversary of his gift to USC in the next few weeks. Hsieh has two degrees in Electrical Engineering from USC. Hsieh made his fortune when he sold Cogent to 3M back in 2010, in a $943M deal. READ MORE>>.

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Fulgent Genetics Files For IPO

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Temple City-based Fulgent Genetics , based in the San Gabriel Valley, has filed for an IPO, saying that it is seeking to raised $50M in an IPO on the NASDAQ Global Market as FLGT. The IPO is being underwritten by Credit Suisse, Piper Jaffray, Raymond James, and BTIG. READ MORE>>.