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Northwest biotech investment tops $250M in Q2, but region still lags Boston, SF

2015-07-09 13:54:19| Biotech - Topix.net

Pharma and biotech companies in the Pacific Northwest nabbed $255.5 million in venture capital investment in the second quarter, according to data from Seattle-based PitchBook. The industry came in second place in the region , followed by software, with $117 million.

Tags: region investment boston sf

Amgen to lay off 300 at Onyx, close South S.F. facility

2015-03-11 02:59:33| Biotech - Topix.net

Amgen Inc. will shed roughly 300 of 750 Onyx Pharmaceuticals employees and shutter the South San Francisco facility the giant biotech picked up in its $10 billion acquisition of Onyx less than 18 months ago. The move, following positive news last week on the signature drug of the Amgen-Onyx deal, is the proverbial shoe-drop that Bay Area biotech followers long expected as Thousand Oaks-based Amgen undertakes another restructuring, this time of its cancer drug business.

Tags: close south facility sf

Mercedes' futuristic self-driving car spotted on the streets of S.F.

2015-03-09 20:12:22| Automakers - Topix.net

The Daimler AG Mercedes-Benz F015 concept vehicle at the 2015 North American International Auto Show in Detroit, Michigan in January. Mercedes-Benz's sleek driverless F 015 concept car drove right off the pages of a sci-fi book and onto the streets of San Francisco last week.

Tags: car sf streets mercedes

iPhone Kill Switch: Thefts Drop In NYC, SF

2015-02-12 17:32:46| Wireless - Topix.net

Smartphone thefts are down dramatically thanks to kill switches that let owners remotely disable their devices. Locked or disabled devices can't be fenced, and that means the streets are safer for the smartphone-owning public.

Tags: drop switch kill sf