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Patrick Soon-Shiong

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Culver City-Based NantHealth Reports $49M Loss in Q4, $191M for the Year

NantHealth Inc., a biomedical diagnostic company based in Culver City, on March 28 announced a fourth quarter loss of $49 million, while year-over-year revenue rose 3 percent.

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Culver City-Based NantCell Raises Second $30M Round

NantCell Inc., a Culver City-based biotech firm founded by Los Angeles billionaire Patrick Soon-Shiong, has raised $30 million in investor funding after a similar injection late last year, according to a March 14 securities filing.

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1. Patrick Soon-Shiong

2018 Wealthiest Angelenos

Pharmaceutical and biotech billionaire Soon-Shiong has made his fortune starting, building and selling drug companies: APP Pharmaceuticals for $4.6 billion in 2008, and Abraxis BioScience for $2.9 billion in 2010.

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