Fri.May 29, 2020

6 Keys To Startup Wins Without Disruptive Innovation

Startup Professionals Musings

As an investor, innovation is a term I certainly like to hear these days, but many of you entrepreneurs try to take it to the next level, by claiming to have a “ disruptive innovation.”

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Ascus Biosciences Finds $46M For Animal Health, Nutrition

socalTECH

San Diego-based Ascus Biosciences , a developer of feed supplements for animal health and nutrition, said this week that it has raised $46M in a Series B funding round. THe funding was led by Temasek Holdings, and also included Anterra Capital, Formation 8, and Cavallo Ventures (venture capital arm of Wilbur-Ellis), as well as angels. According to Ascus Biosciences, it will use the funding to go towards its customers sales and service teams, new products, as well as its core technology platform.

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AbbVie Wins First FDA Approval of Drug to Treat Uterine Fibroid Bleeds

Xconomy

An AbbVie drug that treats pain in the uterus has notched an additional FDA approval for addressing heavy menstrual bleeding associated with uterine fibroids.

SpaceX Starship Explodes During Test Firing

socalTECH

Hawthorne-based SpaceX has seen another setback in their efforts to develop its next generation Starship, after a full size prototype of the SpaceX Starship exploded after a test firing of its Raptor engines. Videos show the Starship exploding at SpaceX's test site at Boca Chica, Texas at 1:49 p.m. CDT, with debris falling all around the test site. The Starship is intended to eventually replace the Falcon 9 and Dragon, and is expected to be the basis for SpaceX's plan to deliver humans to Mars.

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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.

Bio Roundup: ASCO Opens, Merck Takes On COVID, Evofem?s Approval & More

Xconomy

A year ago about 40,000 people gathered in Chicago for the annual meeting of the American Society of Clinical Oncology.

Maple Media Acquires NOAA Hi-Def Radar App

socalTECH

Los Angeles-based mobile app developer Maple Media says it has acquired the mobile application NOAA Hi-Def Radar , which provides weather information, from The E.W. Scripps Company. Financial terms of the acquisition were not announced. NOAA Hi-Def Radar had been acquired by Scripps in 2014, after Scripps acquired WeatherSphere. According to Maple Media, NOAA Hi-Def Radar is one of the highest grossing weathers apps on the App Store, and provides radar, forecasts, and alerts.

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