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Westlake Village BioPartners Raises $500M In Two Funds

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Los Angeles-based life sciences investor Westlake Village BioPartners announced today that it has raised two new venture capital funds, worth a total of $500M, for its investments in biotech companies. The venture investor says it has now raised more than $820M in total for its investments. READ MORE>>.

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SendGrid IPO Expected Next Week

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If successful, the IPO would join Newport Beach-based Veritone; Westlake Village-based Sienna Biopharmaceuticals; San Diego-based AmpliPhi Biosciences; San Diego-based Tocagen; Irvine-based Alteryx; San Diego-based AnapytsBio, and Venice-based Snap Inc on 2017's IPO list for the region.

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Arcutis Bio Raises $159M in Upsized IPO to Test Skin Disease Drugs

Xconomy

The Westlake Village, CA-based biotech sold about 9.4 Arcutis Biotherapeutics raised about $159 million from its IPO, offering 1.6 million more shares than anticipated and pricing at the high end of its planned range. million of its shares at $17 apiece. Arcutis (NASDAQ: ARQT ) shares began trading Friday.

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Sixty-four Southern California Firms On Technology Fast 500

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18798% San Diego Pedro Lichtinger 22 Phone Power 7642% Winnetka Ari Ramezani 23 TeleSign Corporation Software 7534% Marina del Rey Steve Jillings 26 FastSpring 6742% Santa Barbara Dan Engel 30 Neurocrine Biosciences, Inc. 6225% San Diego Kevin C. 1548% San Diego Terrance H. 1548% San Diego Terrance H.

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Life Sciences IPOs Target Collective Raise of More Than $600M This Week

Xconomy

Two are clinical-stage biotechs: Cambridge, MA-based Black Diamond Therapeutics, which is looking to raise $151 million, and Westlake Village, CA-based Arcutis Biotherapeutics, which aims to add $125 million. Cancer drug developer Black Diamond filed IPO paperwork with regulators on Jan.

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Southern California Linked IPOs Grow

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which has substantial operations in Westlake Village, Beverly Hills-based RealD , Monrovia-based Green Dot , and Woodland Hills-based ReachLocal. In fact, a recent study released by Ernst & Young found that there were eight companies in Southern California, out of 22 total in California, who were lined up for an IPO in Q4.

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Westlake Bio Unveils $320M Fund to Put Los Angeles on the Biotech Map

Xconomy

Los Angeles has long been in San Francisco’s shadow when it comes to life sciences investment. Westlake Village BioPartners is launching today with $350 million in committed capital. But a new venture capital firm led by industry veterans is trying to cast the City of Angels in a new light.