Fri.Dec 13, 2019

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Major Changes for AECOM

L.A. Business Journal

An activist investor hedge fund is driving a leadership change at Century City-based AECOM, one of the largest public companies in Los Angeles.

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10 Ways Owners Often Jeopardize Their Business Growth

Startup Professionals Musings

When you are starting a new business, every resource is precious, including time, funding, and people. Yet we can all look back, after the fact, and realize that we could have been more memorable. Obviously you can’t go back for a do-over , but you can certainly learn from your mistakes as well as all our successes. Most challenges you have are not unique to your business.

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Postscript Raises $4M Seed Round

L.A. Business Journal

Text message marketing firm Postscript raised a $4.4 million seed round to expand its workforce and onboard new ecommerce clients.

Marketing 130
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Arrowhead Pharmaceuticals Names New Director

socalTECH

Pasadena-based Arrowhead Pharmaceuticals announced this morning that it has named Marianne De Backer, Ph.D., as an independent director for the company. Backer is Executive Vice President, Head of Global Business Development & Licensing, and a member of the Executive Committee of the Pharmaceuticals Division of Bayer AG, and she also served at Johnson & Johnson.

Pasadena 100
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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

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.

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Software Firm X1 Making Big Moves

L.A. Business Journal

Pasadena-based software developer X1 Discovery Inc. is closing out 2019 with a series of big changes.

Software 130
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AT&T 5G Now Live In LA, San Diego

socalTECH

AT&T says its next generation, 5G network is now live in both Los Angeles and San Diego, as it begins a nationwide rollout of its 5G network. According to AT&T, the rollout of its 5G network--which currently is only accessible with the Samsung Galaxy Note10+ 5G--brings the total number of markets to ten, with plans to start building its nationwide service in the first half of 2020.

San Diego 100

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Bio Roundup: Sarepta’s Approval, Merck M&A, Drug Price Bill & More

Xconomy

If you’re keeping track, FDA drug approvals have been on a tear in the past month with several decisions coming well ahead of their targeted dates. And then there’s Sarepta Therapeutics. Late Thursday, the FDA announced approval of the Cambridge, MA, biotech’s drug for Duchenne muscular dystrophy in patients who have a specific mutation. The drug, golodirsen (Vyondys 53), is the same one the agency rejected four months ago due to safety concerns.

Pricing 49
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EDF Renewables Links With Solar Tracking Firm

socalTECH

San Diego-based renewable power developer EDF Renewables North America has linked with Array Technologies , a developer of single-axis solar tracking systems, to deploy those tracking systems on about two gigawatts of solar power projects being developed by EDF Renewables. Financial details of the deal were not announced. The two said Array Technologies will supply its solar tracking equipment on projects that EDF Renewables is building, already owns, or that the firm will operate over the comin

San Diego 100