Westwood Biomed Pulls in $41M

HEALTH CARE: Round for developer of radioisotopes includes 11 investors

Alpha Source gets $41 million in seed money to develop radioisotope tech.

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Union Study: University of California Favors White Workers Over Minorities

Black and Latino workers at UCLA and nine other University of California campuses are more likely to be fired, or get smaller raises than white workers when promoted, according to a union study released Oct. 25.

USC Shares $16M Grant to Research Cancer Disparities Between Whites, Blacks and Latinos

USC has been awarded a $16 million federal grant with two Florida universities to study cancer health disparities among racial and ethnic groups.

UCLA-Based Scarless Labs Wins FDA Approval to Study Scar Healing Treatment

Scarless Laboratories Inc., an early stage biotechnology company based at UCLA, has received federal clearance to conduct two clinical studies of its patented compound to heal scar tissue.

Alpha Source Raises $41M in Seed Round

Alpha Source Inc., an early stage biomedical company based in Westwood, has raised $41 million from investors, according to an Oct. 24 securities filing.

CHLA Receives $10M Gift From Producer Ryan Murphy

Producer Ryan Murphy and husband David Miller have given $10 million to Children’s Hospital Los Angeles, which treated their son Ford for pediatric cancer.

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Anton Yelchin Foundation Gives $1M to Adult Cystic Fibrosis Clinic at USC

An adult cystic fibrosis clinic at Keck Hospital of USC has received a $1 million gift from the Anton Yelchin Foundation.

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UCLA Receives $20.1M to Treat Veterans with PTSD

UCLA Health has received a $20.1 million grant to expand a mental health program for veterans with post-traumatic stress and mild traumatic brain injuries.

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Cell Care Therapeutics Raises $4.3M to Develop Treatment for Eye Diseases

Cell Care Therapeutics Inc., a biotechnology company based in Monrovia, announced Oct. 23 it had closed on a $4.3 million seed round from investors.

Cedars-Sinai Lands $8M Grant to Develop Stem Cells to Regrow Injured Tissue

Cedars-Sinai has received nearly $8 million in federal grants to develop a stem-cell treatment to repair tissue damaged in battle, car crashes and other traumas, the hospital announced Oct. 22.

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CHLA Raises $5.5M at Fundraiser Featuring Kimmel, Scully

Children’s Hospital Los Angeles raised $5.5 million from a recent gala that featured talk show host Jimmy Kimmel and former L.A. Dodgers announcer Vin Scully, the hospital announced Oct. 22.

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Molina Healthcare Sells Pathways Health to Atar Capital

Long Beach-based Molina Healthcare Inc announced Oct. 22 it had sold its Pathways Health and Community Support unit to Century City-based Atar Capital for an undisclosed sum.

Next Digital Direction: ‘Life Care’

HEALTH CARE: USC center takes broad view of tech

USC’s Center for Body Computing takes broad view of digital health.

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Stem Cell Agency Awards $11 Million to SoCal Researchers to Fight Disease

The state stem cell agency on Oct. 18 awarded $11 million to Los Angeles research hospitals and universities to study regenerative treatments for disease.

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UCLA to Lead $3.7M Study on Patient-Centered Research in L.A.

UCLA will lead a study conducted by four Los Angeles health care systems on how to improve patient-centered care thanks to a $3.7 million federal grant.

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