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Amgen expects to reduce operaitng expenses by approximately $700M in 2016. amgen layoff jobs employment biotech lifescience' Amgen said the moves would result in an approximately 23 percent reduction in its facilities footprint. Amgen did not say how many of its staff in Thousand Oaks would be cut. READ MORE>>.
Apartment listing service RadPad of Venice was bought by tenant-screening service LandlordStation of Dallas for an undisclosed amount, following a tough year that included layoffs and court battle with Craigslist.
for the quarter ended December 31, 2016. Qualstar had a major layoff in March of 2016, along with other cost cutting moves, which looked to have most stemmed its quarterly losses. According to Qualstar, it had a loss of $0.4 million on revenues of $2.2M The company reported a net loss of $1.2
Divergent 3D made Blade — which was on the auto show circuit in 2016 — to demonstrate the technology platform. In its early years as a company, Divergent 3D was perhaps best known for Blade, the first automobile to use 3D printing to form the body and chassis. Divergent can’t name the customers because of non-disclosure agreements.
in 2016, in a deal then reported as worth less than $100M. Machinima , which had been the poster child for Southern California's multi-channel-network (MCN) boom, has laid off most of its employees and ceased its operations , according to reports. Machinima had been acquired by Warner Bros.
OneRoof attempted to shift its business model in May of 2016 with another staff cut. OneRoof had previously been backed by Black Coral Capital and Hanwha Group, however, Hanwha pulled its backing of the company in October of 2014. READ MORE>>.
. —Funding rounds: Cambridge-based Mersana Therapeutics closed a $33 million Series C round with the aim of testing its first drug, an antibody-drug conjugate for breast cancer called XMT-1522… Rockefeller University spinout Rgenix’s $33 million financing was the second largest for a privately held Manhattan biotech this year.
Here we are at the midpoint of 2016 already. Layoffs Reflect New Turbulence at High-Flying 3D Robotics. Time to look back on the past six months—and some of the top stories of the year so far. Amid Leadership Changes, NY Biotech Braces for Its Pivotal Moment. AgTech Accelerator Aims to Sway Agriculture Investment Trends.
—The 2016 Nobel Prize for Physiology or Medicine went to Yoshinori Ohsumi of the Tokyo Institute of Technology. —Merrimack Pharmaceuticals (NASDAQ: MACK ) announced layoffs of 22 percent of its staff and the resignation of CEO Robert Mulroy. . —The U.S. THE ENVELOPE, PLEASE. for their work on molecular machines. .
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