Amazon Drops Price of Ring Doorbell

L.A. Business Journal

didn’t waste any time dropping the price of Ring Inc.’s from the prior retail price of $149.99. Amazon.com Inc. s video doorbell to $99.99 The announcement came on April 12 at the same time Amazon and Ring officially closed the $1 billion acquisition

Odonate Therapeutics Prices IPO

socalTECH

San Diego-based Odonate Therapeutics , a pharmaceuticals startup focused on chemotherapy drugs, has priced its IPO, saying on Wednesday afternoon that it has priced its IPO at $24.00 per share was on the low end of its initial estimated pricing range of $24.00 per share. The $24.00 to $27.00. The company is selling 6,250,000 shares of its common stock in the offering, which will raise $150M for the company.

Real Startups Never, Ever Discount Their Prices

InfoChachkie

Avoid a simple pricing mistake which could sink your startup. Vendors often respond by discounting their prices at the 11th hour, in the hopes a lower price will spur a purchase. Protection – Consider offering “pricing protection” to users who are particularly price-conscious.

Despite Pharma Ties, Some Patient Groups Protest High Drug Prices

Xconomy

For 20 years, Deborah Long (pictured) has been relying on powerful drugs to keep her multiple sclerosis in check. Her out-of-pocket costs were pretty reasonable until two years ago, she says, when she had to switch insurance companies. Her new insurer made her switch to a different drug, Copaxone.

BlackLine Software Prices IPO

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Woodland Hills-based BlackLine Software , the developer of accounting and financial close software, has priced its IPO, saying late Thursday evening that it will sell 8,600,000 shares of its common stock at $17.00 BlackLine priced at the high range of an already increased estimated IPO range, which was set to $16.00

Drug Price Watchdog ICER Deems Amgen Migraine Drug “Cost-Effective”

Xconomy

In setting a price thousands of dollars less than expected, Amgen has won over one of the pharmaceutical industry’s fiercest drug price critics. The non-profit Institute for Clinical and Economic Review (ICER) assessed the effectiveness and value of the Amgen (NASDAQ: AMGN ) drug erenumab (Aimovig) and other new migraine drugs, and concluded in an updated report that erenumab offers value to patients in the price range of $3,700 to $5,300 per year.

Sonos Bumps Pricing In Europe

socalTECH

Santa Barbara-based whole home music system developer Sonos is significantly bumping up the prices of its system in Europe, the company said over the weekend, due to big changes in the U.S. According to Sonos, it has significantly increased its prices of products in Europe, because its existing pricing has "become unsustainable". Sonos outlined a long list of pricing increases , which it said will go into effect July 31st.

The Trade Desk Prices IPO, To Hit NASDAQ Today

socalTECH

Ventura-based The Trade Desk , which operates an online advertising exchange, priced its IPO late Tuesday evening, saying that it will sell 4,666,677 shares of its Class A common stock at $18.00 The Trade Desk priced at the high end of an already increased estimated IPO range, which had been upped to between $16.00 trade desk pricing merger acquisition advertising exchange market marketplace accelerator incubator nasdaq global

Obalon Sets IPO Pricing Range

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Carlsbad-based Obalon Therapeutics , which is developing a balloon-based medical device for assisting in weight loss, has set the estimated initial IPO pricing range for its public offering, saying it now expects an initial public offering at between $14.00 if it prices at the high end of its estimated range.

Report: Price For Faraday Future's FF91 Nearly $300,000

socalTECH

Los Angeles-based electric car maker Faraday Future rolled outs its first production vehicle, the FF91, at CES earlier this month, but had not announced pricing. However, a new report says that LeEco CEO Jia Yueting has said that the new FF91 will cost "less than $300,000"--a staggeringly high price tag for an electric vehicle. Faraday Future has not officially announced the expected pricing for the vehicle. faraday future ff91 electric automobile pricing cleantech

Sonos Boosts UK Pricing By 25 Percent Due To Brexit

socalTECH

Santa Barbara-based whole home music system developer Sonos is boosting its prices in the United Kingdom by 25 percent, due to "a significant change on the US Dollar to GBP exchange rate." The company said that, starting on February 23rd, it will be boosting its prices in the UK , because its existing pricing has "become unsustainable". sonos pricing brexit politics sound speakers music system

Scoutfit Takes On Pricing Alerts, Promotions

socalTECH

Looking to score the best price on that gift for the holiday season? A new, Los Angeles startup, Scoutfit , said today that it has launched a new, online shopping service which helps users track discounts and get price alerts on items during the holiday.

Pharmaceutical Price Controls Might Be Closer Than You Think

Xconomy

Amid the hue and cry over the Mylan EpiPen pricing debacle , Hillary Clinton unveiled her “ Plan to Respond to Unjustified Price Hikes for Long-Available Drugs. ” Clinton’s plan calls for “dedicated oversight to protect consumers.” Clinton proposes to combat “unjustified price hikes.”

Mobile Roadie Swizzles Pricing

socalTECH

Mobile software developer Mobile Roadie looks to be in the midst of an interesting transition, saying late last week that it is increasing its pricing, to "more closely match the value we are able to offer." Details of those pricing changes were not announced by the company. Mobile Roadie did say it would not be changing pricing for existing customers of the product. mobile roadie pricing development

Ambrx Sets IPO Pricing Range

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La Jolla-based biopharmaceuticals developer Ambrx has set its initial estimated pricing range for its IPO, saying in a filing this morning that it expects to price its IPO at between $12.00 ambrx pricing merger acquisition nasdaq ambx exit biotech lifescience biopharma biopharmaceuticals protein antibody

How Doctors Think About Drug Prices

Xconomy

There are a lot of factors involved in drug pricing that don’t enter my head when I’m seeing a patient. Simplistic as this framework is, it goes a long way to describing how we should think about drug pricing. If the price is reasonable, payers should cover it.

The Trade Desk Bumps Estimated IPO Pricing Range

socalTECH

In a sign that reception to the company's IPO is going well, Ventura-based The Trade Desk said in a regulatory filing on Monday that it now expects its initial public offering price to be between $16.00 accelerator marketplace market exchange advertising acquisition merger pricing desk trade

Snap Prices IPO, Debuts On NYSE Tomorrow

socalTECH

has officially priced its IPO, saying on Wednesday afternoon that it will sell 200M shares of its common stock at $17.00 Snap's IPO priced above its initial estimated pricing range, which had been between $14.00 Venice, California-based Snap, Inc. per share. The IPO will raise $3.4 billion for Snap, the company behind Snapchat , valuing the company at approximately $24 billion.

Geni Swizzles Pricing Tiers

socalTECH

Geni has been shuffling its various pricing tiers since August, when the firm started encouraging users to move off its free service to one of its paid tiers. geni family history tree genealogy membership pricing

Geni 130

Snap Control Structure Could Hinder IPO Price

L.A. Business Journal

Concentration of voting shares with the co-founders could prove costly for Snap’s IPO

Aerie Pharmaceuticals Prices IPO

socalTECH

Aerie Pharmaceuticals , which develops therapies for treating glaucoma and other eye diseases, has priced its IPO, saying this morning that it is offering up 6,720,000 share os its common stock at $10.00

Regeneron to Slash Price of Cholesterol Drug After Showing it Saved Lives

Xconomy

And in an unusual move, Regeneron—based on input from the nonprofit drug-pricing watchdog, the Institute for Clinical and Economic Review (ICER)—vows to cut the cost of the drug if it can get certain concessions from insurers.

Ambit Biosciences Prices IPO

socalTECH

San Diego-based Ambit Biosciences has priced its IPO, saying that it is offering up 8,125,000 shares of its common stock at $8.00 Ambit priced well below its estimated initial public offering range, which had been set at between $13.00

Social Reality’s Stock Price Jumps 70 Percent After Initial Coin Offering Announcement

L.A. Business Journal

Social Reality’s stock price spiked more than 70 percent to close at $4.90 a share Tuesday after the marketing software developer announced an initial coin offering

Helping Consumers Name Their Own Price For Products, With Greentoe

socalTECH

In real life, you can just about bargain a price for anything you want to buy--a car, a house, even that new stereo from your local electronics store. Joe Marrapodi: GreenToe is a name your own price marketplace for products.

Stock Price Falls After Snapchat Posts Ad Referencing Domestic Violence

L.A. Business Journal

An ad for a Snapchat game asking Snapchat users whether they would rather “slap Rihanna” or “punch Chris Brown” drew criticism from Rihanna on another social media outlet and was soon followed by a 4 percent drop in the stock price for Snap Inc., the parent company of Snapchat

Nimble Cuts Pricing For Nonprofits

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contact track sales management relationship customer nonprofit pricing nimble Santa Monica-based customer relationship management (CRM) software developer Nimble is looking to bolster its customer base in the nonprofit sector, saying that it has started to offer a 30 percent discount on its service to nonprofits, for life.

Esri Extends Tiered Pricing Structure For Small Government

socalTECH

Redland-based geographical information systems (GIS) software developer Esri has extended its tiered pricing structure for access to its software, specifically aimed to help smaller municipal and county governments to access its products. According to Esri, it has rolled out a new pricing structure to help governments serving populations between 100,000 and 250,000, which allows them to access its technology. esri pricing small government geographical information systems

Trump Team Outlines Healthcare Agenda—No Mention of Drug Prices

Xconomy

There is no mention of drug pricing or what the administration might do about frequent price increases, such as Mylan’s EpiPen practice, that critics say are unsubstantiated and unethical. During the campaign, Trump’s official platform called for a change to let Medicare negotiate drug prices and for the re-importation of lower cost drugs from abroad—ideas that swim upstream against typical GOP positions.

Startup Pricing: Are You Selling A Giffen Product?

InfoChachkie

In his premier film appearance in the blaxploitation send-up “I’m Gonna Git You Sucka,” Chris Rock inadvertently addresses a key pricing challenge faced by most entrepreneurs. Watch this 93-second clip and see if you can identify the pricing pitfall addressed in this humorous snippet.

SendGrid Sets Estimated IPO Pricing Range

socalTECH

SendGrid , the developer of email delivery tools and back-end email services with operations in Irvine, has set its estimated IPO pricing range this morning, saying it is looking to sell 7,700,000 shares of its common stock at between $13.50 and $15.50 per share. The company has been approved to list on the NYSE as SEND. The company's co-founder, Isaac Saldana, is based in Orange County and the company currently has substantial operations in Irvine.

Novartis Wins Historic FDA Nod, Prices CAR-T For Leukemia at $475,000

Xconomy

Ahead of schedule, Novartis has received the first-ever approval of a genetically modified living cell therapy called CAR-T, which uses a cancer patient’s own immune cells as the medicine.

Xencor Sets IPO Pricing

socalTECH

Monrovia, California-based Xencor has set the initial offering price for its IPO, saying in a filing Thursday morning that it will offer up 10,700,000 shares of its common stock at $7.00 The IPO price is below its initial estimated offering price, which had been between $14.00 per share. The company plans to trade on the NASDAQ Global Market as XNCR. and $16.00 per share. Xencor is backed by MedImmune Ventures, HealthCare Ventures, and John R. Stafford, III.