Xencor Inks Licensing Agreement with Janssen Biotech

Monrovia-based pharma company Xencor signed a research collaboration and licensing agreement with Janssen Biotech to develop drugs to treat prostate cancer.

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Claremont Graduate University Receives $14 Million Gift

Claremont Graduate University has received a $14 million gift from the San Manuel Band of Mission Indians to create a health study center.

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Capricor, ImmunityBio, City of Hope Make Progress on Covid-19 Vaccines

Local biotech teams are making progress on their Covid-19 vaccine candidates.

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Protomer Secures Additional Funding for Insulin Platform

Pasadena-based biopharmaceutical startup Protomer Technologies Inc. has closed a second investment raise for a drug platform that includes an insulin product.

UCLA Health, Regeneron Plan Large Genetic Sequencing Project

In one of the largest genomic medicine ventures in the nation, UCLA Health has entered into a research agreement with Regeneron Pharmaceuticals.

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Telehealth Provider Cloudbreak to Be Acquired by SPAC

El Segundo telehealth provider Cloudbreak Health has agreed to be acquired by a special purpose acquisition company and will join UpHealth Holdings Inc.

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GoodRx Shares Plunge After Amazon Announces Online Pharmacy

Shares of online prescription drug price service GoodRx Holdings Inc. have fallen nearly 28% in two days.

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John Wayne Cancer Institute Receives $8 Million Donation

The John Wayne Cancer Institute at Providence Saint John’s Health Center in Santa Monica has received its largest donation to date.

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Primary Care Practices Feel Financial Pain From the Pandemic

Primary care practices are struggling to stay afloat as Covid-19 cases are rising to record levels in Los Angeles County.

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GoodRx Gains, Loses in First Earnings Report

In its first quarterly earnings report last week as a public company, GoodRx Holdings Inc. posted solid revenue gains.

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Fulgent Revenue Soars on Covid Testing Surge

Temple City-based Fulgent Genetics Inc. continues to reap a bonanza from Covid-19 testing.

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Breath Direct Hopes to Ease the Load for Hospitals With Low-Cost Ventilators

When the Covid-19 pandemic hit in March, Darren Saravis, who runs medical device manufacturing company Nectar Inc. in Long Beach, was stunned to hear about the shortage of ventilators and the exorbitant prices hospitals had to pay for them.

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AccessHope Looks to Build Cancer Care Network

A year ago, Duarte-based City of Hope launched AccessHope, a spinoff company that provides employees of large, self-insured employers access to its cancer treatment specialists.

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RadNet Expands Through New Joint Ventures

Sawtelle-based diagnostic imaging services provider RadNet Inc. made a pair of announcements in late October that expand the company’s reach.

Analytics-Driven Behavioral Health Care Company Ontrak Acquires LifeDojo

Santa Monica-based Ontrak Inc. last month took the next step in its effort to use big data to improve patient outcomes in managing chronic diseases.

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