Pasadena-based Arrowhead Pharmaceuticals, a developer of RNA interference therapeutics, has entered into a $500 million strategic financing agreement with international private capital investment platform Sixth Street, the company announced. The deal provides... More »
Pasadena gained a new resource for mental health treatment in late August with the opening of Neuro Wellness Spa’s 10th location. The clinic, co-founded by Martha Koo, aims to provide evidence-based care in a spa-like environment. Koo, president of the Clinica... More »
Huntington Health in Pasadena is celebrating its third year of affiliation with Cedars-Sinai Health System, which has significantly enhanced patient care in the San Gabriel Valley. A recent statement from Huntington Health said the partnership has introduced a... More »
Pasadena-based engineering and consulting company Tetra Tech announced it secured a $39.3 million single-award contract from the U.S. Agency for International Development (USAID) to promote gender equality in infrastructure industries globally. The award, ann... More »
Pasadena-headquartered East West Bank, the largest publicly traded bank headquartered in Southern California, today celebrated its 25th anniversary on the Nasdaq stock exchange. Chairman and CEO Dominic Ng rang Nasdaq’s opening bell to commemorate this milesto... More »
Pasadena Rite Aid stores, along with the rest of the company, successfully exited bankruptcy this week as a privately held company owned by creditors. The restructuring, completed after months of financial and legal challenges, has resulted in a streamlined o... More »
Pasadena-based Arrowhead Pharmaceuticals announced Sunday that its experimental drug plozasiran significantly reduced triglycerides and the risk of acute pancreatitis in patients who have a rare genetic disorder which currently has no Food and Drug Administrat... More »
Local residents could soon be paying a lot more for home insurance. The state’s Department of Insurance approved a 34% rate increase by Allstate, and State Farm is awaiting approval for a 30% increase. Allstate is California’s fourth-largest insurer and provid... More »
As Black Business Month concludes, Ishmael Trone, a second-generation Pasadena African-American entrepreneur, offers insights into the enduring challenges and emerging opportunities for Black-owned businesses. Trone, CEO/President of F&M Business Center and Un... More »
The Twin Palms site is back on the market. The restaurant, formerly owned by Kevin Costner, located on the corner of De Lacey Avenue and Green Street, closed in 2009. One year earlier, Presidential hopeful Hillary Clinton held a fundraiser at the restaurant. “... More »
Western Asset Management, a global fixed-income investment firm, has named Michael Buchanan as its Chief Investment Officer. Former co-Chief Investment Officer Ken Leech is now on leave amid a regulatory investigation. The leadership change came as the company... More »
While many venture capital firms struggle in the current market, Pasadena-based Freeflow Ventures has leveraged its ties to Caltech and focuses on deep tech to achieve significant growth, raising three funds totaling $90 million since its founding in 2018. The... More »
