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Xencor Licenses Technology To Australian Firm

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Monrovia, California-based biotherapeutics technology developer Xencor said Tuesday that it has licensed its Xtend technology to an Australian firm. Xencor and CSL Limited said they are in a technology license agreement, which will provide CSL access ot its technology, for use with CSL''s monoclonal antibodies.

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Xencor Licenses Technology To Centocor

socalTECH

Monrovia-based Xencor , a developer of biotherapeutics technology to improve antibodies, said this morning that it has licensed its Fc engineering technology to Centocor Research & Development, Inc. The firm said that it has licensed its XmAb and Xtend technology to Centocor, in a multi-year agreement. READ MORE>>.

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SiLC Technologies Sees $17M

socalTECH

Monrovia, California-based SiLC Technologies, a developer of machine vision tools, says it has raised $17M in a Series A funding round. The company says it has now raised $30M in total, including an earlier, $12M seed funding last year.

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Xencor Licenses Antibody Technology To Vir Biotechnology For COVID-19 Treatment

socalTECH

Monrovia, California-based Xencor , a biopharmaceutical company which develops engineered monoclonal antibodies for the treatment of cancer and autoimmune disease, says it is extending a license for its technology to Vir Biotechnology , in use in developing antibodies to treat COVID-19, the disease cased by the novel coronavirus SARS-CoV-2.

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Midas List: Cornerstone OnDemand, Green Dot Help VCs

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However, two, Southern California firms drove the inclusion of two other, venture capital investors on the list--Miachel Moritz of Sequoia Capital (for his investment in Monrovia-based Green Dot ), and Byron Deeter of Bessemer Venture Partners (for his investment in Los Angeles-based Cornerstone OnDemand ). READ MORE>>.

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AeroVironment, SoftBank In $65M JV To Develop Unmanned Aircraft

socalTECH

Monrovia, California-based AeroVironment said on Wednesday that it is in a joint venture to develop a solar powered, high-altitude, long-endurance unmanned aircraft system, potentially worth up to $65,011,081. The joint venture is with HAPSMobile , which is 95 percent owned by Japanese technology giant SoftBank Corp.

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Southern California Linked IPOs Grow

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The number of Southern California related initial public offerings is growing steadily upwards, as Gevo --originally started in Pasadena, and based on technology out of Caltech and UCLA--hit the market this morning. Gevo is just the latest in a surge of companies hitting the public markets which have Southern California links.