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Leaf Group Acquires Deny Designs

socalTECH

Leaf Group disclosed the sale in its first quarter 2017 results, where it reported a net loss of $10.0M Leaf Group said it paid $12.0M for Deny Designs, split between $6.7M in cash plus approximately 215,000 shares of its common stock. Deny Designs was based in Denver, Colorado. on revenues of $27.238M. READ MORE>>.

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Snap Set For Punishing Day On Wall Street

socalTECH

Venice, California-based Snap is set to see a punishing day on Wall Street, after reporting poorer than expected third quarter results last night, including poor user growth and sales. Shap continues to lose money, hand over first, reporting it had a net loss of $443.1M on Tuesday to around $13.33

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Xconomy Special Report: 12 San Diego Tech Startup to Watch in 2017

Xconomy

I widened my net this year. million in a Series D round of investment capital, according to founder and chairman Tony Farwell. The startups selected for this year’s list began, as it did last year, with a master list of companies screened by the San Diego Venture Group for its annual venture summit.

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Bio Roundup: FDA Says No, PCSK9 Value Fight, CRISPR Intrigue & More

Xconomy

And once in a while, a defender uses his or her face, inadvertently, to block a ball spiked over the net. The CRISPR news this week doesn’t need a metaphor; the drama that MIT Technology Review reported can stand alone. STAT found the figures in Editas’s quarterly earnings report. Talk about sacrifice.

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Bio Roundup: Mylan’s Shock, Hillary’s 3%, Duchenne Lessons & More

Xconomy

The deal also includes a $175 million deferred payment due in 2019 and $850 million in downstream payouts tied to regulatory and sales targets. A Phase 2 trial of the drug, AMX0035, should start in late 2016 or early 2017. Alex Lash contributed to this report. Reprints | Share: UNDERWRITERS AND PARTNERS.

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