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Westlake Bio, Alexandria Team on Lab Buildout

BIOTECH: VC firm to invest in startups that become tenants.

Two real estate deals have put the Conejo Valley’s biotech hub on the fast-track to expansion.

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Publishers Find ‘Mag’ App Easy

MEDIA: Phone-based technology creates online magazines

Jake Warner needed a tool to streamline his workflow as a photographer and media manager for Red Bull’s auto racing series.

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Jay Bird's Chicken to Open Restaurant in Sherman Oaks

Jay Bird’s Chicken has announced that its third location will be at 15322 Ventura Blvd., with a scheduled opening in June.

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Amgen Submits Lung Cancer Drug for European Approval

Amgen Inc. has submitted for approval from the European Medicines Agency its drug used to treat a mutation of non-small cell lung cancer.

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Valley Kaiser Permanente Staff to Appear in Rose Parade TV Segment

Staff from Valley facilities of Kaiser Permanente will participate in the health care organization’s 90-second video for “The Rose Parade’s New Year Celebration presented by Honda” on New Year’s Day.

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State Small Business Fund Opens for Grant Applications

The state of California’s $500 million Small Business COVID-19 Relief Grant Program has opened its first round of applications

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Grossman Burn Foundation Chairwoman Charged With Murder in Fatal Car Crash

Rebecca Grossman, co-founder and chairwoman of Calabasas-based Grossman Burn Foundation, was charged with two counts of murder in connection with a fatal crash in Westlake Village in late September.

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Studio City Apartment Building Fetches $6.3 Million

Via Studio City, a 15-unit apartment building located in Studio City, has changed hands for $6.3 million, or $420,000 per unit.

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Saalex Subsidiary Makes Another Acquisition

Valeo Networks, a managed security service provider that is a division of Saalex Corp., has acquired Etech Solutions, a similar firm in Iowa.

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Sterling Healthcare Acquires Negotiator

Sterling Healthcare Logistics in Calabasas has acquired ABS Vaccines, which operates as a contract negotiator between health care providers and drug manufacturers or vendors.

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Four-Level Proposed for Lake Balboa

A mixed-use residential project has been proposed for Lake Balboa. The four-story apartment building, which will house 39 one- and two-bedroom units, would rise on a nearly half-acre property at 17630 Sherman Way.

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Burbank's Quanta in Reverse Merger With Medolife Rx

Quanta Inc. in Burbank has agreed to acquire a 51 percent stake in Medolife Rx, a Wyoming company that uses patented polarization technology to make anti-viral and immune-boosting therapeutics.

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Marcus & Millichap Acquires Houston Finance Company

Marcus & Millichap Inc. has acquired Houston-based LMI Capital.

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Activity Increases at Van Nuys Airport in November

General aviation activity at Van Nuys went up by 14 percent in November.

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Three of L.A. Market’s Five Biggest Office Leases for 2020 in Valley

Three of 2020’s five biggest office leases in Greater Los Angeles occurred in the San Fernando Valley.

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Amgen Licenses Experimental Drug for Tuberculosis, Leprosy Treatment

Amgen Inc. has licensed one of its investigational pipeline drugs to Medicines Development for Global Health for the treatment of tuberculosis and leprosy.

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Katie Hill Sues Media Outlets, Ex-husband

Former local Congresswoman Katie Hill has filed a lawsuit against her ex-husband and two news organizations for allegations of posting nude photos of her on the internet, according to media reports.

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Guitar Center Emerges from Chapter 11

Just a month after filing to reorganize under Chapter 11, Guitar Center Inc. has emerged after ridding its balance sheet of about $800 million in debt.

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Local Biotech Makes Deal with Giant

Agoura Hills biotech company A2 Biotherapeutics on Wednesday announced it has entered into a collaboration agreement with pharma giant Merck to further develop its cancer therapies.

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AIDS Healthcare Foundation Protests Amgen Pricing for Orphan Drugs

The AIDS Healthcare Foundation in Los Angeles staged a socially distant protest at Amgen headquarters in Thousand Oaks in response to the biotech giant’s refusal to sell orphan drugs to nonprofit entities at a reduced price.