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Xencor Gets Milestone Payment From Merck

socalTECH

Monrovia-based biopharmaceuticals developer Xencor reports this morning that it has received a milestone payment from Merck, for the initiation of a Phase 1 clinical trail which uses its antibody engineering technology. Size of that milestone payment was not announced. READ MORE>>.

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Green Dot Completes Loopt Buy

socalTECH

Monrovia-based Green Dot , the provider of prepaid debit card products, reports today that it has completed its acquisition of Mountain View-based mobile social networking developer Loopt. The buy gives Green Dot access to both Loopt's mobile social networking software, but also a stable of developers in Mountain View.

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Xencor Gets Milestone Payment

socalTECH

Monrovia-based Xencor , a developer of antibody engineering technology, reported today that the firm has received a milestone payment from Pfizer, as part of the firm's antibody technology license agreement with Pfizer. Amount of the payment was not disclosed. READ MORE>>.

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