Ecosystem News Jessica Barnette Ecosystem News Jessica Barnette

LA-based Xencor and Atreca Enter Strategic Collaboration

On July 8, 2020, Xencor, Inc. (NASDAQ: XNCR), a clinical-stage biopharmaceutical company developing engineered monoclonal antibodies for the treatment of cancer and autoimmune diseases, and Atreca, Inc. (Atreca) (NASDAQ: BCEL), a clinical-stage biotechnology company focused on developing novel therapeutics generated through a unique discovery platform based on interrogation of the active human immune response, announced via Business Wire that the companies have entered into a collaboration and license agreement to research, develop and commercialize T cell engaging bispecific antibodies as potential therapeutics in oncology.

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Industry News Arati Desai Industry News Arati Desai

Reports show LA bioscience sector continues to grow

Recent reporting by Howard Fine of Los Angeles Business Journal find that Los Angeles’ bioscience sector continues to grow and thrive. According to Fine’s report, “L.A.’s bioscience sector generated $44 billion in economic activity and nearly 196,000 jobs last year, increases of 4% and 2.5%, respectively, over 2018, according to an annual report released last month by an industry advocacy group.”

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