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VelosBio Finds $137M For Oncology Efforts

socalTECH

San Diego-based biopharmaceuticals developer VelosBio says it has raised $137M in a Series B funding roudn, to go towards its oncology efforts. Rowe Price Associates, Inc., Venrock Healthcare Capital Partners, Viking Global Investors, Wellington Management Company, as well as the company's existing investors.

San Diego 113
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Bio Roundup: Prices on TV, Novartis Hearts Radio, Warp Drive’s End

Xconomy

Two new battlegrounds emerged this week in the nation’s ongoing drug pricing debate. The first involved television: The federal government hopes that blaring prices in TV ads will essentially pressure drug makers into lowering them, and the pharma lobby fired back. Read more » Reprints | Share:

Pricing 74
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Bio Roundup: MedCo’s Pricing Plan, Vertex’s Gamble, uBiome Undone

Xconomy

If MedCo’s cholesterol-lowering drug inclisiran wins FDA approval, it will become the third entry in a new class of medicines that block a cholesterol-boosting protein called PCSK9. But the first mover isn’t infallible if someone else has something better. That’s something the The Medicines Co. is counting on.

Pricing 84
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Interview with Steve Poizner, Alliance for Southern California Innovation

socalTECH

We are devoted to the mission of supercharging Southern California's technology ecosystem, and help it emerge as a world class technology hub by 2025. My last company got acquired by Qualcomm, and Qualcomm wanted me to move to San Diego to run their emerging business portfolio. It's a great place. It's a seven county sprawl.

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Interview with Bong Koh, LifeCrowd

socalTECH

The firm is initially focusing on the Los Angeles market, and connecting people with fun, interesting classes, activities, and more in the local area. The company was founded by Bong Koh, a former EIR at Prism VentureWorks and venture capitalist at Advanced Technology Ventures; he also co-founded ibeatyou.

Startup 271
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Interview with Noah Auerhahn, Extrabux

socalTECH

For this morning's interview, we talked with Noah Auerhahn , President of San Diego-based Extrabux (www.extrabux.com), an online site focused on providing consumers with comparison shopping combined with discount offers. Noah, thanks for the interview. For people who haven't heard of ExtraBux, what is the site all about?

USC 207
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Interview with Ramit Varma, Revolution Prep

socalTECH

Some of the biggest school districts, including LA Unified, San Diego, and Oakland all use our software. Now, despite bootstrapping, you actually have some connections to the venture capital world, don't you? Ramit Varma: I've been sort of in and out of the venture space since we started.