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An expert on aging discusses long-term care in the U.S., including the toll on caregivers, innovations in Alzheimer’s disease treatment, and the financial ramifications for older adults.
Westlake Village startup PureSpectrum this week announced it garnered $17 million in Series B funding from Arthur Ventures, a Minneapolis-based growth equity firm.
Drug modeling software company Simulations Plus Inc. beat analyst estimates for its second fiscal quarter, with net income increasing a whopping 49 percent. The Lancaster-based company, which makes a platform used by the pharmaceutical industry for drug research and development, reported an adjusted net income of $3.2 million (15 cents a share) for the quarter ended Feb. 28, compared to adjusted net income of $2.15 million (12 cents) for the same quarter a year ago. Revenue increased 27 percent year over year to $13.1 million. Analysts had expected earnings of 14 cents a share on revenue of $...
California Lutheran University economists Matthew Fienup and Dan Hamilton have received the Zillow Home Price Expectations Survey’s 2020 Crystal Ball Award — the second year in a row the duo has been recognized on the national stage. Fienup and Hamilton work at Cal Lutheran’s Center for Economic Research and Forecasting in Westlake Village. The Center’s U.S. housing market forecast was among the top three in accuracy of more than 100 reports included in the survey. “At CERF, our goal is to provide objective, clear-eyed forecasts that reflect what economic theory and state of the art...
Developmental disability nonprofit AbilityFirst this week announced it has completed a merger with fellow Pasadena nonprofit FVO Solutions Inc. AbilityFirst, which has a location in Glendale, will now offer expanded support services to more than 2,000 people in the Greater Los Angeles market. The merged company will operate under the AbilityFirst name. “Through our enhanced programs we offer people with developmental disabilities employment preparation, training and experience needed to lead full productive lives,” Lori Gangemi, chief executive of AbilityFirst, said in a statement. “Aft...