socalTECH
AUGUST 26, 2019
For this morning's interview with an entrepreneur, we spoke with Thomas Russell , the Ceo and co-founder of ETC Solar (www.etc-solar.com), a Los Angeles startup developing technology to improve the efficiency and cost of solar cells. We spoke with Thomas on how the company's technology was spun out of Caltech, and why the startup believes the solar cell industry needs its technology.
Xconomy
AUGUST 26, 2019
Remember the simpler times of the mid-2010s, when you could order a latte or cocktail in California without the option of adding CBD? For Justin Gover, CEO of British drugmaker GW Pharmaceuticals (NASDAQ: GWPH ), society’s sudden embrace of cannabidiol (CBD), the other active ingredient found in the cannabis plant, is a trip—though CBD won’t make you trip.
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socalTECH
AUGUST 26, 2019
Thousand Oaks-based Amgen announced this morning that it is acquiring Otezla , the anti-inflammatory drug used to treat psoriasis and psoriatic arthritis, which is currently owned by Celgene Corporation , in a deal worth $13.4 billion in cash. According to Amgen, the deal will help strengthen its inflammation portfolio, and will be worth approximately $11.2 billion net of anticipated future cash tax benefits.
Startup Professionals Musings
AUGUST 26, 2019
Starting a new business is fraught with challenges, and none of us has the bandwidth to kill them all. As an advisor to business owners, and an occasional angel investor, my job is to separate the actual challenges from the common misconceptions that distract many promising entrepreneurs while building the leadership team required for your solution, marketing, and finance success.
Advertiser: Aggregage
Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.
socalTECH
AUGUST 26, 2019
Los Angeles-based Podcorn , a new startup founded by former Famebit founders Agnez Kozera and David Kierzkowski, has raised $2.2M in a seed funding round for a new, podcast advertising venture, the company said on Monday. The funding was led by Global Founders Capital, and also included Bessemer, 500 Startups, Alumni Ventures Group, and others. According to Podcorn, it has launched a new, self-service platform which helps podcasters find and connect with brands for native sponsorships.
Xconomy
AUGUST 26, 2019
Remember when the new wave of expensive cholesterol-lowering drugs—known as PCSK9 inhibitors—were supposed to give the healthcare system a financial heart attack ? Far from it. Four years after approval the two PCSK9 blockers on the market have yet to crack $1 billion in annual sales, combined, thanks to a gloves-off effort by insurers to beat back their use.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
Both Sides of the Table
AUGUST 26, 2019
Some Seriously Great News. No, Seriously … Exactly six years ago today I received an email from my friend Ynon Kreiz introducing me to Andrew Stalbow and Petri Järvilehto. Ynon had been the CEO of Maker Studios and I trust his opinion a great deal so of course I took the meeting. Andrew and Petri had left game developer Rovio (of Angry Birds fame) and were creating a new games company called Seriously that would combine compelling intellectual property (characters), great narratives, and fun gam
socalTECH
AUGUST 26, 2019
San Diego-based Confirm BioSciences announced this morning that it has named both a new CEO and COO. According to the biotech company, it has named Albert Berger as Chief Executive Officer, and Nikhil Nayak as its Chief Operating Officer, as former CEO and founder Zeynep Ilgaz shifts to become Chairwoman and Chief Advisor. Berger was previously VP and General Manager of Redwood Toxicology Laboratory, a division of Alere Toxicology (acquired by Abbott Laboratories in October of 2017); Nayak was p
socalTECH
AUGUST 26, 2019
Irvine-based Skyworks Solutions , the developer of analog semiconductors, said this morning that it has named Alan S. Batey to its board of directors. Batey was previously Executive Vice President and President of North America for General Motors, and also was Global Brand Chief for Chevrolet, which is a division of GM. Skyworks said that Batey has more than 39 years of experience at GM.
socalTECH
AUGUST 26, 2019
CrowdStrike , the cloud-based cybersecurity software developer which has substantial operations in Orange County, said today that it has launched a new, early stage investment fund called the Falcon Fund. CrowdStrike said the new, $20M fund was created in partnership with venture capital firm Accel, and will invest in security startups which are building applications on its CrowdStrike Falcon platform.
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