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Amgen's Kevin Sharer Joins Healthcare Venture Capital Firm

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Is Amgen the next source of the healthcare industry's venture capital deals? It might be, on news that Kevin Sharer , the former CEO of Thousand Oaks-based Amgen , has joined venture capital investment firm Foundation Medical Partners. READ MORE>>.

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Teledyne Invests In Optical Alchemy

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Thousand Oaks-based Teledyne Technologies announced today that it has acquired a minority interest in Optical Alchemy , a Nashua, New Hampshire-based designer and manufacturer of ultra-light electro optical gimbal systems. Financial terms of the investment were not disclosed. READ MORE>>.

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Ocean Aero Gets Investment From Teledyne For Ocean Robots

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San Diego-based Ocean Aero , a developer of unmanned, autonomous marine vehicles, has scored funding from Thousand Oaks-based Teledyne , the companies said this morning. Financial terms of the investment were not disclosed. According to Teledyne, the investment also included a strategic partnership deal. READ MORE>>.

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VC Invest $587M In SoCal In Q4, But National Investments Drop 47 Percent In 2009

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The latest numbers from the MoneyTree Report from PricewaterhouseCoopers and the National Venture Capital Association (NVCA), based on data from Thomson Reuters, were released this morning, finding that there was $587.8M invested in Southern California in Q4. was invested in the region. in investments.

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Amgen Re-Ups Investment In Sutro Biopharma

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The venture capital arm of Thousand Oaks-based Amgen has placed more funding into one of its portfolio companies, Sutro Biopharma , which is working on developing a scalable biochemical protein synthesis platform aimed at cancer therapeutics. Sutro said it has raised $16.5M

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Atara Biotherapeutics Gets $38.5M

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Thousand Oaks-based biopharmaceuticals startup Atara Biotherapeutics announced this morning that it has raised $38.5M The funding came from Amgen Ventures, Celgene Corporation, EcoR1 Capital, plus Alexandria Venture Investments, DAG Ventures, Domain Associates, and Kleiner Perkins Caufield & Byers. READ MORE>>.

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Amgen Acquires Firm For $1 Billion

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Thousand Oaks-based biotech giant Amgen said Monday afternoon that it is acquiring Biovex , a Woburn, Massachusetts-based developer of treatments for melanoma and head and neck cancer. BioVex develops OncoVEX, a novel oncolytic vaccine in Phase 3 clinical development. READ MORE>>.