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Inhibrx Files For IPO

socalTECH

The company reported a net loss of $31.02M in 2018 on revenues of $8.5M; the company's current revenue stream includes both license fees and grants. Inhibrx develops protein engineering technology used in biopharmaceuticals research. Inhibrx is backed by LAV Biosciences Fund and Viking Global Investors. READ MORE>>.

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Report: Using E-scooters Not So Green, Especially If You'd Be Walking Instead

socalTECH

However, a newly published study by researchers finds that greenhouse gas emissions associated with e-scooter use is actually higher in 65 percent of simulated cases, than the suites of modes of transportation those scooters are displacing--namely, things like walking, bicycling, and skateboarding to your destination.

Study 113
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Special Report 2069: Predicting the Internet’s Next 50 Years

Xconomy

Join Xconomy and World Frontiers Forum on July 16 for Net@50 , an event exploring the internet’s past and future. Join Xconomy and World Frontiers Forum on July 16 for Net@50 , an event exploring the internet’s past and future. Because if we could, we’d all be bankrupt.

.Net 87
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Southern California Leads In Green Businesses, Says Report

socalTECH

A new report released today by Next 10 , a nonprofit, nonpartisan public policy group, says that Southern California--and California, as a whole--leads the green innovation, cleantech venture capital, and energy market. The report was compiled by research firm Colaborative Economics.

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Fallbrook Technologies Files For IPO

socalTECH

The IPO is being underwritten by CIBC and Mackie Research Capital. Fallbrook reported a net loss of $11.7M Fallbrook is venture backed by Robeco Group, NGEN Partners, and others. on reveues of $871,000 for the nine months ended September 30, 2009. For 2008, the firm had a loss of $11.9M on revenues of $2.28M.

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LabCorp Boosts Prenatal Testing Presence with $371M Sequenom Deal

Xconomy

LabCorp will also assume net debt of San Diego-based Sequenom (NASDAQ: SQNM ), bringing the value of the cash deal to approximately $371 million. LabCorp reported $8.5 In 2011, state incentives lured the company to Research Triangle Park, where it built a $19 million lab to bolster its molecular diagnostics business. million.

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The Five Major Tech Trends of 2016

Xconomy

Back in 2013, Google reported that 90 percent of multiple device owners switch between screens to complete tasks, using an average of three different combinations every day. Meanwhile, biometrics has stepped out of the realm of sci-fi and into the mainstream, playing an important role in the fight against cybercrime.