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Nuvve Connects Into Grid Balancing Efforts

socalTECH

San Diego-based green energy technology developer Nuvve , which is developing vehicle-to-grid load balancing technology, says it has started participating in California's wholesale energy markets, via an effort with the University of California San Diego.

San Diego 124
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Longboard Pharmaceuticals Raises $80M In IPO

socalTECH

San Diego-based Longboard Pharmaceuticals, which is developing medicines for neurological diseases, raised $80M in its IPO last week, selling 5,000,000 shares of its common stock at a price of $16.00 The company is now trading on the Nasdaq Global Market as LBPH.

San Diego 113
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Seismic Names VP Inclusion

socalTECH

San Diego-based sales enablement software developer Seismic said this week that it has named Donna DeBerry as its new Vice President, Inclusion. Seismic is one of Southern California's growing list of unicorns, having raised $92M in September of 2020 at a valuation of $1.6 Rowe Price.

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Biopharma Execs Remain Optimistic Despite Political Headwinds

Xconomy

Drug pricing debates and uncertainty associated with Brexit are the issues most likely to keep biopharmaceutical executives awake at night. Nevertheless, senior figures remain optimistic about the industry’s prospects in 2020. In turn, pricing pressure is also a concern as corporates and investors plan for the year ahead,”.

Pricing 78
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Bio Roundup: Mammoth Moves, Black Diamond’s Pop, Ohana’s Debut & More

Xconomy

If this week is any indication, the steady march of life science companies to Wall Street will continue in 2020. In its first day of trading, the cancer drug developer watched its shares soar more than 108 percent. Black Diamond Therapeutics is leading the way, having raised $201 million from its IPO.

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TerrAvion’s Eye in the Sky For Growers, And Now, Ranchers

Xconomy

“It’s the same performance at one-twentieth the price,” Morris says. His San Leandro, CA-based company, TerrAvion , relies on a network of contract pilots to capture weekly shots of his customers’ vineyards, corn fields, and strawberry rows. Morris says an equivalent coverage using drones would cost 20 times as much.

San Diego 107
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Duchenne Lessons: Advocates For Rare Spinal Disease Have Eyes on FDA

Xconomy

Left untreated, Heather and Jessica, who have a slower-developing form of the disease, might expect to continue to get weaker as time goes on. “It’s just little things like that where it’s a gradual loss of strength,” Heather says. There is no approved treatment for SMA. Jessica and Heather Tomko. Their story has undeniable emotional appeal.