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Arcturus Terminates CEO, Names Mark Herber as Interim President

Xconomy

Arcturus Therapeutics (NASDAQ: ARCT ) said today it has fired co-founder and CEO Joseph E. The unexpected announcement nevertheless sent the price of Arcturus shares spiraling in after-hours trading, falling by $1.38, nearly 19 percent, to. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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Arcturus Fails to Ratify Auditor in Latest Fallout After CEO Firing

Xconomy

The schism between Arcturus Therapeutics’ board and its former chief executive is now putting the company at risk of missing key financial reporting deadlines, and possibly even losing its stock listing. Arcturus (NASDAQ: ARCT ) blamed the failure on Joseph Payne, who was fired as CEO on Feb. Arcturus says Payne and others.

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Prolacta Tops $1M In Philanthoropic Donations

socalTECH

Monrovia, California-based Prolacta Bioscience , the venture-backed company which is turning donated breast milk into human milk fortifier for premature babies, reported this week that it has donated more than $1M to various charitable organizations over the past five years. READ MORE>>.

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Xifin Hires CFO, Marketing VP

socalTECH

San Diego-based XIFIN , a publisher of hosted revenue cycle management software for diagnostic laboratories, reported Tuesday that it has added two members to its executive staff. Zaniboni was also CFO for Arcturus Bioscience and Sequenom, XIFIN noted, adding that Taylor worked at IBM as a strategy executive prior to Acclerys.

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TrueCar Officially Launches Car Pricing Site

socalTECH

The firm--which is a spinout of automotive configuration software firm Zag--said it will provide consumers with a "Price Report" showing the full distribution of prices paid by other people, for the exact same vehicle, in a consumer's local area. The new service is free, and is based on automotive transactions within the last four weeks.

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Zag: "Strongest Sales So far This Year"

socalTECH

Santa Monica-based Zag.com , the online automobile buying service headed by Scott Painter, is reporting today that it had what is calls its "strongest sales so far this year" in June. The firm did not say what drove the growth, and did not provide any financial details on its sales or profitability. READ MORE>>.

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Bio Roundup: Funding Frenzy, Opioid Summit, Celgene Woes & More

Xconomy

billion, a figure compiled in the Venture Monitor Report. It’s early yet in 2018, but the current count could put life-sciences companies on pace to bust past last year’s $17.6 Elsewhere, the U.S. billion merger.

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