PATRICK SOON-SHIONG INNOVATION AWARDS

Transcription

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November 25, 2013 • Advertising Supplement to the Los Angeles Business Journal
LOS ANGELES BUSINESS JOURNAL PRESENTS
PATRICK SOON-SHIONG INNOVATION AWARDS
Presenting Sponsors:
Platinum Sponsors:
Gold Sponsors:
BlackLine Systems
OEwaves, Inc.
OneWest Bank
USC Viterbi School of Engineering
This special advertising supplement did not involve the reporting or editing staff of the Los Angeles Business Journal.
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20 AN ADVERTISING SUPPLEMENT TO THE LOS ANGELES BUSINESS JOURNAL
NOVEMBER 25, 2013
PATRICK SOON-SHIONG INNOVATION AWARDS 2013
Letter
from the
publisher
HE Los Angeles Business
Journal is honored to once
again present the annual
Patrick Soon-Shiong Innovation
Awards for 2013.
The greater Los Angeles region has
long been a thriving home to many
of the most exciting and groundbreaking companies in the world –
and today that is the case more than
ever. We recognize that our region’s
tremendous stew of ingenuity, innovation and creativity is what in
many ways sparks the economic
competitiveness of the region and
brings a distinct and unique edge to
our local economy.
It is with great admiration and
respect for great ideas that we at the
Los Angeles Business Journal are particularly proud to present this year’s
Awards alongside Patrick SoonShiong, whose very name has
become synonymous with groundbreaking innovation. This special
award program was created with the
vision to celebrate the organizations
that continue to stretch boundaries.
Dr. Soon-Shiong himself has more
than led by example – he’s a brilliant
entrepreneur who has repeatedly illustrated how the innovative spirit can
drive economic value. Moreover, he
shares our desire to acknowledge and
encourage innovation and has once
again made the commitment to underwrite this prestigious award program.
Thanks to Dr. Soon-Shiong and the
other terrific minds that played a role
in helping us select our honorees.
This year, the awards were handed
out at a ceremony on November
14th at the Four Seasons Hotel Los
Angeles in Beverly Hills.
Congratulations to this year’s five
extraordinary honorees and ten exceptional finalists – each of whom continues to inspire us and provide invaluable contributions to keeping Los
Angeles at the forefront of innovation.
T
Matt Toledo
Publisher & CEO
Business Journal publisher Matt Toledo and Dr. Patrick Soon-Shiong
Dr. Patrick Soon-Shiong,
Innovator
A
regular atop the Los Angeles Business Journal’s
list of Wealthiest Angelenos, and a past recipient of the LABJ’s “Business Person of the Year”
(thanks to his significant business successes and philanthropic contributions), Dr. Patrick Soon-Shiong is
no stranger to the pages of our publication.
Dr. Patrick Soon-Shiong knows as well as anyone
that innovation, coupled with passion and hard
work, is the engine for success in business – not to
mention a catalyst for life enhancing, or even lifesaving activity.
His groundbreaking concepts for curing diabetes
led to the first nanotechnology-based breast cancer
drug, Abraxane, which is credited with saving thousands of lives. He’s since made time to research personalized drug therapies based on people’s gene sets,
one of the hottest trends in research.
Now, for the third year, his love of innovation
has prompted him to once again join the Business
Journal in handing out Patrick Soon-Shiong
Innovation Awards to deserving organizations that
may in fact remind Soon-Shiong a little bit of his
own early stages as a passionate entrepreneur and
innovator.
We created this very special awards program to
showcase Los Angeles as a place of innovation for
businesses – and innovation in business nearly
always leads to growth.
Here’s a closer look at the inspiration and namesake
of our innovation award, Dr. Patrick Soon-Shiong:
Dr. Soon-Shiong was raised in apartheid South
Africa by his Chinese immigrant parents; his father
fled China during World War II and practiced traditional Asian medicine. Soon-Shiong was a stellar
student in medical school, becoming a doctor at age
23, but had to accept an internship at a major
Johannesburg hospital at half the pay earned by his
white counterparts.
He completed his surgical training at UCLA and
was a member of the medical school faculty by the
age of 31, in 1983. Three years later, he performed
the first pancreas transplant on the West Coast.
He built his fortune by taking American
Pharmaceutical Partners public in 2001 and selling
it in 2008. He spun off another company, Abraxis,
in 2007, then sold it in 2010. He regularly donates
portions of his billions to philanthropic causes,
including a $136-million donation to St. John’s
Health Center in Santa Monica and a $100-million
guarantee to underwrite efforts to reopen Martin
Luther King Jr. Hospital.
He now has his hands in supercomputing, augmented intelligence and other industries through
his NantWorks company, which he founded in
2011. The year before, he helped launch the
Healthcare Transformation Institute and currently
heads the CSS Institute for Advanced Health, which
focuses on human genotyping. He hopes to create a
national healthcare information network and has
taken over the National LambdaRail, the high-speed
connector that links academic medical researchers
nationwide.
meet the innovators!
Watch an interview about innovation with Matt Toledo, Dr. Patrick Soon-Shiong and all of our
Awards Finalists. Also, watch to learn more about each Winner and their company’s innovations.
Three easy steps:
1. Download the FREE iD Browser on your tablet or phone.
2. Open iD Browser and snap a picture of any page showing the iD Browser logo.
3. A screen will appear once recognized. Tap the link on the screen and hold over the image
again. You’ll see the images appear over the page. Tap the image that appears and enjoy the video.
idbrowser.com
NOVEMBER 25, 2013
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AN ADVERTISING SUPPLEMENT TO THE LOS ANGELES BUSINESS JOURNAL 21
Congratulations to
BlackLine Systems
Therese Tucker
Campus Explorer
Jerry Slavonia
GumGum, Inc.
Ophir Tanz
OEwaves, Inc.
Lute Maleki, Ph.D
SAFCell, Inc.
Calum Chisholm
on receiving the
2013 Patrick Soon-Shiong
Innovation Award
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NOVEMBER 25, 2013
Winner
blackline systems
Woodland Hills
CCOUNT reconciliation is an underappreciated, yet critical, control to help
ensure an organization’s financial
integrity. Weaknesses and inefficiencies in the reconciliation process often
lead to mistakes on the balance sheet
and overall inaccuracies in the financial close. An efficient, accurate and timely financial
close cycle can create a foundation for evaluating business performance, supporting organizational decisions
and satisfying external reporting requirements.
Automation of the account reconciliation process is a
critical step on the road to achieving ‘balance sheet
integrity’ – and ultimately producing accurate financial
statements.
BlackLine Systems was the first to develop and offer a
commercially available Balance Sheet Account
Reconciliation solution to automate these critical
accounting processes.
More than 90 percent of companies still do account
reconciliations manually. Hard to believe when you consider all the regional offices, subsidiaries and disparate
geographic locations of most large corporations.
A
Therese Tucker of Blackline Systems
BlackLine Systems’ Account Reconciliation software automates and controls manual accounting processes that
users often perform primarily using Excel spreadsheets.
For years much of the work within accounting
departments has been rote and manual-labor intensive.
As a result, there’s been a tidal wave of outsourcing
designed to cut costs. But by outsourcing accounting
jobs to less skilled labor offshore, companies lose the
valuable analytical skills and strategic value that
accountants can bring.
By developing software to, for the first time, automate
traditionally manual financial close processes, BlackLine
Systems CEO and Founder Therese Tucker has helped
improve the lives of accountants around the world.
From a high level, BlackLine’s innovation comes from
bringing new technologies to support existing (and mission-critical) accounting practices by offering software that,
for the first time, automates the entire account reconciliation and financial close processes for large organizations.
From a more technical standpoint, BlackLine’s innovation comes from two areas: 1) The BlackLine
Financial Close Suite is delivered over the Internet in a
secure Software-as-a-Service (SaaS) environment – one of
the first apps ever to handle sensitive corporate financial
data safely and securely in a SaaS model; and 2) Via a set
of rules to process mass data to focus accounting departments with a priority-driven focus. As an example,
BlackLine provides client-configurable templates and
tools that are based on good accounting practices but
that also enable companies to quickly and easily adapt
the tools to their internal practices to maximize the
value they get from the BlackLine application.
Because BlackLine is deployed in a SaaS environment,
it eliminates the need for capital expenditure approval,
saving customers a great deal of time and money
upfront. In addition, unlike other SaaS companies that
outsource their operations, BlackLine actually finds it
more effective to manage operations in-house, allowing
it to have complete control over its systems and further
ensure the security of client data.
BlackLine touts “no-risk” implementations because
the occurrence of technical issues is so small/negligible.
In many cases, client IT departments don’t even have to
be involved. And, BlackLine is the only SAP Partner in
its space, with software certified for integration with SAP
ERP Financial and Business Suite solutions.
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NOVEMBER 25, 2013
THE PRIVATE BANKING AND INVESTMENT GROUP
AT MERRILL LYNCH SALUTES
THE DR. PATRICK SOON–SHIONG INNOVATIVE AWARDS.
RECOGNIZING INNOVATION AND ENTREPRENEURSHIP.
COMMITMENT, DEDICATION
AND A BETTER TOMORROW
–
QUALITIES THAT ENRICH ALL OF US
Merrill Lynch Private Wealth Advisors are committed to helping those
individuals and organizations who are invaluable assets to the community.
The Gray Group
Eric Gray
Managing Director–Wealth Management
Private Wealth Advisor
310.407.3979
Private Banking and Investment Group
2049 Century Park East
Los Angeles, CA 90067
The Bull Symbol, Merrill Lynch Wealth Management and The Power of the Right Advisor are registered trademarks or trademarks of Bank of America Corporation.
Merrill Lynch Wealth Management makes available products and services offered by Merrill Lynch, Pierce, Fenner & Smith Incorporated, a registered broker-dealer and member SIPC, and other subsidiaries of
Bank of America Corporation.
The Private Banking and Investment Group is a division of MLPF&S that offers a broad array of personalized wealth management products and services.
© 2013 Bank of America Corporation. All rights reserved.
AD-10-13-1225
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NOVEMBER 25, 2013
Winner
campus explorer
Santa Monica
to the National Association
of College Admission Counseling
(NACAC) only 30% of high schools
have a college counselor — a ratio of
467 students for every one counselor.
Offline and online search and planning tools have been hard-to-use and
lack a personalized experience and either cater to a narrow subset of students or profile a narrow subset of
schools. Campus Explorer and its founder and CEO Jerry
Slavonia are shifting this paradigm by having developed
the premier college search engine and planning website
available today.
Campus Explorer is addressing the limitations in the
college search and planning tools available to students
previously by providing a superior network for students
to connect with the college admissions counselors that
are interested in recruiting them.
The site has become a destination for the 45 million
people each year that research information about higher
education. It is a service that can be accessed anywhere
via computer, tablet, or mobile phone and caters to all
types of students as well as parents, counselors and
CCORDING
A
Jerry Slavonia of Campus Explorer
other advisors.
Much more than a basic search tool, the system offers
expert advice and tips to help guide users throughout
the entire process of planning for and paying for college.
Campus Explorer maintains a comprehensive database
of over 8,500 campuses and online schools ranging from
4-year private and public college, to community college
and vocational schools. Detailed profiles include photos,
videos and information on college admissions, expenses,
academics and more. Intuitive and user-friendly tools
help students discover and compare schools, calculate
admissions chances and showcase themselves to colleges.
The system even offers counselors and other advisors
tools to track and participate in a student’s college
search and planning process, upgrading and update the
very nature in which students discover and connect
with schools.
Partner schools have been able to increase their pool
of high intent inquiries, as Campus Explorer students
are both qualified and “raising their hand,” thus generating a higher inquiry to enrollment yields than alternative recruitment channels. Each prospective student can
build a richly detailed profile for Universities to review.
The profiles include data points such as geographic
information, GPA and standardized test scores, financial
status, gender and ethnicity, academic and extra-curricular activities, and more.
Schools have recognized Campus Explorer’s innovative approach to online student recruitment. Currently,
over 2,000 schools are utilizing Campus Explorer to connect with approximately 70,000 student inquiries each
month, making Campus Explorer one of the leading
recruitment solutions available.
CampusExplorer.com has fast become a place to
begin that process, with everything students need for a
college search, all at one site.
Whether it’s a two- or four-year school, a career college or an online program, Campus Explorer provides
data on everything from tuition cost to average temperature. The site even contains a personalized search
function that allows users to set a wish list and explore
from there.
Innovative in a number of ways, Campus Explorer is
accurate, easy to use, the most comprehensive directory devoted to higher education available on the web –
and it’s free!
NOVEMBER 25, 2013
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NOVEMBER 25, 2013
Winner
gumgum inc.
Santa Monica
UMGUM is a new kind of digital advertising platform for publishers and
brands, built on the fundamental
belief that to be effective, ads need to
be seen and they must make a lasting
impression in the minds of the consumers. GumGum develops brand
advertising that works specifically on desktops, tablets
and smart phones, by creating innovative technology
and media designed to drive higher viewability, relevance and brand engagement.
Known best for in-image advertising, GumGum was
founded in 2007, and its first product was released in
early 2008. Since then, the GumGum platform has
grown to reach 214 million unique visitors worldwide as
they visit hundreds of publisher partner websites.
GumGum has diversified its products to include other
display, mobile and video solutions to help brands tell
their stories and publishers unlock new sources of revenue.
Innovation is in GumGum’s DNA. At its core, the
company is a technology-based organization founded by
G
Ophir Tanz of GumGum Inc.
a Carnegie Mellon graduate and developed by some of
the most talented big data engineers and image scientists in the world. The company holds multiple patents
related to image recognition and the ability to target relevant ads according to an understanding of the meaning of photos across GumGum’s platform.
GumGum created and revolutionized the in-image
advertising category and has invested heavily in educating the market and further establishing itself as the leading provider of this emerging advertising channel.
GumGum’s patented image recognition technology
allows the company to identify the meaning of photos
for the purpose of displaying the most relevant ads possible. The result is an enhanced classification for relevant targeting on a keyword or category basis. GumGum
performs this through image analysis, including both
meta data that accompanies photos and the ability to
determine the meaning of images at a deep technical
level based on the semantic analysis of a page and complex computer vision algorithms.
GumGum founder, entrepreneur Ophir Tanz, holds
innovation as a core value and has always held a passion
for technology, design and imagery. The company’s
engineering team is using some of the newest big data
tools available, such as Kafka, Storm, Hbase and
Hadoop; its image scientists recently filed patents for a
new LURID Image Classification System that identifies
images containing nudity; and earlier this year
GumGum created the first image take-over unit.
Tanz has been an innovator from a young age. While
completing his secondary education at Buckley School
in Sherman Oaks, he began reading about technology
and attending computer programming classes at UCLA.
He went on to attend Carnegie Mellon University, where
he graduated simultaneously with an M.S. and B.S.
degree in information systems in 2004. He returned to
Los Angeles in 2007 to develop a pre-smart phone
mobile photo sharing application called MoJungle,
which he later sold to UK-based mobile carrier Shozu.
As the CEO and founder of GumGum, Tanz has
already made his mark as an innovator by inventing the
very concept of in-image advertising, which may well
revolutionize the advertising industry by making ads
more relevant and engaging for consumers.
NOVEMBER 25, 2013
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Proud sponsor of the
Congratulations to each winner and finalist for
ideas that are as outstanding in execution as
they are imaginative in spirit.
Fish & Associates is a premium, full-service intellectual
property law firm, helping innovators, entrepreneurs, scientists
and business leaders meet and exceed their IP goals.
Innovators ourselves, the Fish & Associates team is making
dreams come true one ground-breaking idea after another.
2603 Main Street, Suite 1000 · Irvine, CA 92614-4271
Phone: (949) 943-8300 · Fax: (949) 943-8358
E m a i l : i n f o @ f i s h i p l a w. c o m
w w w. f i s h i p l a w. c o m
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NOVEMBER 25, 2013
Winner
oewaves inc.
Pasadena
EWAVES Inc. transforms novel
microwave photonic technologies,
from concept to products in the marketplace, to enable new and advanced
capabilities in communications, radar,
and test and measurement systems.
The innovative technology introduced by OEwaves allows reduction of size, weight, and
power of these systems and enables their deployment on
small platforms.
Advanced radar systems, for example, suitable only
for use on large aircraft, can be re-architected based on
OEwaves’ technologies to fit on hand-launched
Unmanned Aerial Vehicles (UAVs). These emerging platforms have already found multitudes of applications in
service of commercial and military functions, ranging
from search and rescue, to homeland security, and battlefield force protection.
OEwaves’ technologies significantly enhance the usefulness of UAVs by making it possible to add the type of
advanced sensors that are otherwise unavailable to
them. Beyond this, OEwaves’ technologies allow data
link architectures and future advanced WiFi with order
of magnitude improvement in capacity.
O
Lute Maleki, Ph.D., of OEwaves Inc.
OEwaves’ innovation story started with the invention
of a unique oscillator known as the Opto-Electronic
Oscillator (OEO) at the Jet Propulsion Laboratory.
Oscillators generate the carrier waves in systems that
receive and transmit information. The performance of
the oscillator determines the data handling capacity of
the system and information processing capability. The
same considerations apply to high performance test and
measurement systems and high performance radar. For
nearly 75 years, high performance quartz oscillators
have been the workhorses for these applications. As the
appetite for consumption of information has grown,
quartz and other electronic technologies are becoming
unable to deliver the needed performance.
Soon after its invention, the OEO was recognized as a
transformative technology that could address the emerging needs. OEwaves was formed to further develop and
commercialize this innovation. OEOs use light from a
laser, together with various other optical components,
that result in the generation of a microwave reference
signal. OEwaves developed and introduced an innovation to miniaturize the OEO from the size of a PC tower
to the size of a postage stamp. This innovation is the
development of a tiny object known as optical whisper-
ing gallery mode resonator. The name is derived from
an observation long ago that certain domes, such as the
dome of the St. Peter’s cathedral, sustain energy so that
whispers spoken on the far side of the of the cathedral
go around the dome and may be heard as whispers on
the other side. Similarly, tiny dome-like structures made
with transparent crystals, sustain light energy introduced to them by having light travel around so many
turns that it is equivalent to a path defined by many
kilometers of optical fiber.
In the past few years OEwaves has introduced other
innovations based on its core technologies and has
developed novel components (filters, downconverters,
etc.) with unprecedented performance.
In short, OEwaves has transformed scientific and
technological innovations to make possible capabilities
that represent major value to national problems and to
the market place. And while OEwaves’ innovations
have already shown important impact in defense applications and in the commercial fiber optic sensing market, this success is only representative of new applications yet to come.
NOVEMBER 25, 2013
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NOVEMBER 25, 2013
Winner
safcell inc.
Pasadena
AFCell, Inc. develops scalable solid
acid fuel cell (SAFC) stacks for applications requiring tens of watts to tens of
kilowatts. Operating at mid-range
temperatures around 250°C, SAFCell’s
stacks tolerate fuel impurities that
pose obstacles to other fuel cell technologies. This allows SAFCell stacks to run more easily
on commercially available gas fuels (e.g., propane and
butane) or liquid fuels (e.g., methanol, diesel and biooils), greatly reducing the overall fuel cell system complexity and cost. SAFCell is partnering with targeted system integrators to enter first portable, and then stationary power markets.
SAFCell’s core technology is the use of a solid acid electrolyte (CsH2PO4), a solid-state proton conducting material intermediate between normal salts and normal acids,
pioneered at the California Institute of Technology
(Caltech). High fuel impurity tolerances allow SAFCs to
run on commercially available fuels, such as propane and
diesel, with minimal system complexity. As such, SAFCs
offer significant durability and cost advantages over these
s
Calum Chisholm of SAFCell Inc.
lower-temperature fuel cell technologies when operating
on commercially available fuels.
In combination to the use of commercial fuels, SAFC’s
stacks are made of inexpensive metal and polymer components that both reduce overall stack costs and result in
a very rugged stack design. Other fuel cell technologies
that tolerate such fuel impurities operate much higher
temperatures, driving up the cost and reducing durability.
As such, only SAFCs offer the combination of commercial
fuel use, high durability, and low stack costs when compared to both lower and higher temperature fuel cell technologies. Compared to standard generators, SAFCs deliver
longer lifetimes with less maintenance.
SAFCell, Inc. was founded in November of 2009 by Dr.
Calum R.I. Chisholm and five other dedicated cofounders, to develop and commercialize SAFCs. However,
the story of this technology goes back ten years earlier to
the Materials Science Department at Caltech, where as a
graduate student Dr. Chisholm and fellow graduate student, Dr. Dane Boysen, made the first solid acid fuel cell,
generating a whopping 15 micro-Watts of power. Since
then, the technology has been scaled to the over 1.5 kW,
a million fold increase in power output.
Drs. Chisholm and Boysen investigated the fundamental properties of a class of materials known as superprotonic solid acids, named such for their ability to
transform into highly conductive solid-state proton conductors under specific temperature/pressure conditions.
During their scientific investigations, and in collaboration with other scientists, it became clear that the materials could operate stably under fuel cell conditions.
Since then, the SAFCell team has automated cell fabrication and streamlined stack fabrication, resulting in a
very stable stack platform producing tens to thousands
of kilowatts. These robust and rugged pre-commercial
stacks have helped to convince multiple system integrators to build full SAFC systems running off of methanol,
propane, natural gas, and diesel fuels. Ongoing efforts
will produce the first commercial SAFC power units in
2014 for portable and mobile power applications. Future
development efforts at the cell and stack level will
increase stack lifetimes and decrease stack costs, allowing SAFC power units to enter into small stationary markets, like remote, back-up, and residential power.
NOVEMBER 25, 2013
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NOVEMBER 25, 2013
finalists
meet the innovators
armagen technologies inc. Calabasas
has the promise for developing new
potent drugs for treatment of serious brain diseases such as Alzheimer’s and stroke, as well as
devastating childhood genetic disorders that affect the
brain. However, biotech drugs cannot be developed for
brain diseases, because these pharmaceuticals are “large
molecule” drugs that do not penetrate the brain’s protective wall, called the blood-brain barrier (BBB).
ArmaGen Technologies, a company founded in 2004
by William M. Pardridge, M.D., a professor of medicine
at UCLA, has developed the first platform technology
that enables the re-engineering of biotech drugs as BBBpenetrating agents. This is possible thanks to ArmaGen’s
molecular Trojan horse technology – a genetically engineered monoclonal antibody that traverses the BBB via
transport on endogenous transport systems. ArmaGen
then takes the gene that produces the Trojan horse, and
fuses it to another gene that makes the biotech drug.
The process creates a new fusion gene that produces a
new chimeric protein where half of the new fusion protein is the brain-active drug and half of the fusion protein is the Trojan horse. The Trojan horse portion of the
fusion protein ferries the biotech drug across the BBB
and into the brain. Without the Trojan horse element,
the biotech drug would not be able to penetrate the BBB
and would not be able to enter clinical trials.
The goal is for this Trojan horse technology to be rapidly applied by leading pharmaceutical companies to
unleash their broad biologic portfolios to the field of
neuroscience and alter the outcome for patients facing
life-threatening brain diseases.
B
IOTECHNOLOGY
William Pardridge, M.D., of Armagen Technologies Inc.
edgecast networks Santa Monica
HE internet is inherently inefficient, as it is made up of
hundreds of different networks that were built by
local telecommunication providers. As a result, internet traffic is slowed down when passing through these different networks at exchange points.
Enter EdgeCast Networks, a company that since its inception
in 2006 has stayed true to its mission to “making the web faster
and safer” for internet users all over the world. Founded by serial web entrepreneurs, EdgeCast now serves over 5,000 clients
and carries over 5% of the global internet traffic on its content
delivery network (CDN). The world’s busiest websites, such as
Twitter, Hulu, and Yahoo, all rely on EdgeCast’s infrastructure to
deliver their content in a fast and secure way to end-users.
With global internet usage expected to continue to increase
exponentially, inefficiencies can easily become a significant
barrier to global economic growth. EdgeCast’s server network
allows websites to bypass congestions and deliver their content
fast and without loading times to users worldwide.
EdgeCast has developed a unique approach to building
out its network that sets it apart from competitors. Instead
of placing thousands of small servers at many locations,
EdgeCast decided to concentrate its server and computing
power at key internet exchange points. The company also
made a commitment to only using the highest quality
equipment for its servers. The result: more throughput, less
maintenance, and higher uptime for its equipment that
makes EdgeCast’s network more reliable and faster for its
clients.
T
Alex Kazerani of EdgeCast Networks
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NOVEMBER 25, 2013
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NOVEMBER 25, 2013
finalists
fuhu inc. El Segundo
UHU is the creator of nabi, the first full-featured Android
tablet made just for kids. With nabi, Fuhu created a new
category in the children’s consumer products and services market that has ignited the trend of children’s Android
tablets.
While being the first, nabi tablet is also still the #1 selling
Android tablet made for children. It is built with the most
comprehensive parental controls, a “Time Control” that
speaks to kids while helping them monitor their device usage,
and the “Wings Learning System” that tailors itself to a child’s
proficiency personalized to each child’s proficiency across
required common core fundamentals to pass from one grade
to the next, it individualizes learning through continuous
adaptations throughout the learning path.
The system is rigorous and robust with over 3,000 lessons
and 50,000 questions aligned with Common Core State
Standards. Nabi also contains the exclusive “nabi Coins and
Treasure Box” that helps teach children to make the right
choices through identifying tasks, setting and managing priorities, and being responsible for them. nabi tablets are award
winning and have been reviewed by experts as the leading
choice for high-quality tablets made just for kids.
Even the device headphones are an innovation in themselves. Each nabi tablet comes equipped with the world’s first
dual-mode headphones with SafeSound Technology — professionally tuned and powered by the same advanced circuitry as
the more expensive high-end headphones in the market,
while limiting the volume without compromising sound quality at 80dB to protect young developing ears from ruining
their hearing at an early age.
F
Jim Mitchell of Fuhu Inc.
golden road brewing co. Los Angeles
OLDEN Road Brewing Co. is an innovator in the world
of beer. The company is the first craft brewery in
Southern California to offer its house made beers in a
can. While most canned beers are typically maligned as “your
dad’s crummy lager,” Golden Road Brewing makes hoppy ales
with layers of flavor, and has chosen to can its beer for reasons including preservation of quality, portability, recyclability, and innovation of design.
Golden Road’s President Meg Gill explains that the two
main enemies of beer are light and air. Light creates an
unwanted “skunky” flavor and penetrates through bottles, no
matter the color. However, light cannot penetrate aluminum,
thus there is never a concern for light strike with cans.
Another major quality factor is oxidation. Dissolved oxygen
levels tend to be greater in bottles because of that head space
from the cap to the liquid in the bottle. Oxygen leaking into
the beer, over time, erodes the hoppy, clean, and bright layers
desired in Southern Californian beers. Golden Road’s mission
is to provide fresh, clean, hoppy beers for the LA palate, so
cans became their choice.
Another factor behind using innovative packaging is
Golden Road’s commitment to sustainability. Cans are infinitely recyclable, while bottles break down after a few uses.
Further, 40% more beer can fit in each truck, with over 15
trucks leaving Golden Road’s warehouse per week. From poolside at Beverly Hills Hotel to Trader Joe’s, Ralph’s, Whole
Foods, and Costco, Golden Road is now found in over 4000
locations in the greater LA area.
G
Meg Gill of Golden Road Brewing Co.
11/21/2013
5:29 PM
Page 36
finalists
l-nutra inc. Culver City
-Nutra was organized as a spin-off from USC for the
purpose of developing novel, highly efficacious proprietary diets, dietary supplements, medical foods and
medicines to optimize longevity and manage acute and
chronic disease. These products have been developed based
on 20 years of research by Professor Valter Longo, Ph.D., the
Edna Jones Chair of Biogerontology and Director of the USC
Longevity Institute, and his research team focused on the
potent effects of fasting and other extreme diets on cellular
physiology and organismal function. L-Nutra’s short-term
goal is to develop and commercialize Fasting
Mimicking/Enhancing Diets (“FMEDs”) to reduce the rate of
cellular aging, protect patients against the side effects of
chemotherapy, and slow or reverse age-related diseases
including diabetes, cancer and Alzheimer Disease.
L-Nutra’s first product, Chemolieve, now being tested at
four major University Hospitals, is a Fasting Mimicking and
Enhancing Diet that was developed to identify a combination of ingredients to protect normal cells and organs from
chemotherapy while making the chemotherapy more effective and the therapy easier for patients. The idea was not to
identify another drug that delays the progression of some
tumors, but to identify an intervention that can work for
the great majority of tumors and that has the potential to
cure patients, particularly those with metastatic tumors that
have been reduced but not eliminated by conventional
treatments.
Chemolieve has a remarkable effect on turning a standard
chemotherapy that normally only delays cancer progression
into a therapy that cures 40-60% of mice from a variety of
cancers.
L
Fabrizio Schirano of L-Nutra Inc.
NOVEMBER 25, 2013
11/21/2013
3:35 PM
Page 37
NOVEMBER 25, 2013
lyxia corp. Los Angeles
L
YXIA Corporation is an early stage company focusing on
biofuel technology and other relevant environmental
strategies. Its mission lies in the commercialization of a
disruptive technology from UCLA that enables microalgae to
rapidly and directly convert CO2 into ASTM-certified crude oil.
While the current sugar-based microalgae biofuel industry is
striving against the spread between sugars and fuels, researchers
and scientists are exploring an efficient, natural way of directly
converting carbon dioxide into fuels via microalgae. One possible candidate to this question in a commercial scale deployment could be Botryococcus Braunii, a green, pyramid shaped
planktonic microalga, which lives in fresh water, but can also
adapt to a large range of sea salt concentration.
Botryococcus Braunii produces hydrocarbons, which have
been described as equivalent to the “gas-oil fraction of crude
oil.” Like petroleum, these hydrocarbons can be turned into
gasoline, kerosene and diesel.
Three research groups spent five years on engineering
B.braunii to optimize its growth and biofuel yield. Accidently,
Lyxia founder Wei Yu and his team found a combinational
use of catalysts with special pH treatment could contribute to
a dramatic increase of growth rate and oil yield. In addition,
this procedure only uses small amounts of catalysts, which
avoid the use of expensive corn-based feed or glucose. Lyxia
aims to build a scalable plant in Southern California to
demonstrate the production capacity using its proprietary
formula. Eventually Lyxia could utilize this technology to
help supplement or even substitute the use of fossil fuels.
Wei Yu of Lyxia Corp.
11/21/2013
3:36 PM
Page 38
NOVEMBER 25, 2013
finalists
neurorecovery technologies inc. Los Angeles
VER one million people in the United States cannot walk, plus
hundreds of thousands have lost control of body temperature, bladder, bowel, and sexual function as a result of spinal
cord injury. NeuroRecovery Technologies’’ multi-disciplinary team
has developed a technology that will enable the dream of regaining
these vital functions back.
The technology NeuroRecovery Technologies has developed consists of two new, cutting-edge spinal cord neuromodulator systems.
Each is composed of a pulse generator with complimentary electrode,
allowing for both implantable and external use in restoring functional capacity to patients suffering with paralysis. Both devices were
developed by world-renowned neuro-physiologist and research scientist Dr. V. Reggie Edgerton, along with his team of associates from
UCLA, Cal Tech, and The University of Louisville.
Current implantable spinal cord neuromodulators on the market
are approved for pain control only, while external stimulators are
approved for the management of pain, to improve peripheral circulation, and to enhance wound healing. NeuroRecovery Technologies’
neurostimulators will be labeled to facilitate the restoration of movement, and to restore functional control to multiple organ systems.
These innovative devices are capable of modulating the spinal
cord by delivering multiple electrical frequencies, current and waveforms. The units are rechargeable and will have the ability to integrate with adjunctive equipment, such as physical therapy equipment or a pharmaceutical pump. They also contain wireless communication technologies for transmitting and receiving data.
Aside from restoring movement, the overall effectiveness of these
neuromodulator systems is estimated to reduce cost of lifetime care
for spinal cord injury patients by 40 percent or more.
O
Nick Terrafranca Jr., DPM of NeuroRecovery Technologies Inc.
Congratulations to
Therese Tucker
and the entire team
at
Thank you to the
Chan Soon-Shiong
Family Foundation
for supporting the
University of California
Global Health Institute
in its mission
to improve the health
of the world’s most
vulnerable populations.
on your nomination for the
2013 Patrick Soon-Shiong
Innovation Award
Tom and Janet Unterman
Haile T. Debas, MD, UCSF
UCGHI Director
Thomas J. Coates, PhD, UCLA
UCGHI Co-director
11/21/2013
3:36 PM
Page 39
NOVEMBER 25, 2013
protabit llc Pasadena
ROTABIT is a protein engineering firm founded in 2009 with
the goal of creating a platform technology that could be
used to optimize the properties of enzymes and proteins for
use in industrial, agricultural, and therapeutics applications.
Proteins can be engineered through the manipulation of their
primary sequence to take on desired properties for improved stability, activity, specificity, and shelf-life. Protabit combines the best
available computational tools and laboratory techniques to yield
specialized proteins. Its technological edge is a world-class, commercial-grade software platform (Triad) built in partnership with
Caltech and Monsanto. Triad integrates proven computational
approaches to protein design, allowing the user unprecedented
flexibility in tailoring the methodology for specific design goals.
This flexibility gives the software broad applicability in protein
optimization and discovery and will facilitate the integration of
future protein engineering breakthroughs.
By applying physics-based simulations of protein sequences,
Triad can search enormous sequence spaces to rapidly find variants that are very different from the parent protein. This in silico
approach eliminates sequences that are unstable or unfolded so
that drastically fewer variants must be screened experimentally;
this process speeds discovery and saves time and money.
One of Protabit’s commercial goals is to apply this technology
to rapidly engineer more cost-effective cellulolytic enzymes for
converting biomass to fermentable sugars for use in the production of biofuels and other sustainable products. The company is
customizing enzymes for optimal activity on different cellulosic
feedstocks under a variety of industrial conditions. Customized
high-performance enzymes can enable higher throughput, reduce
environmental impact, and decrease total processing costs.
P
Barry Olafson of Protabit LLC
11/21/2013
3:37 PM
Page 40
NOVEMBER 25, 2013
finalists
scorebig inc. Los Angeles
COREBIG.COM is an innovation that is disrupting the $20 billion live
entertainment industry by addressing two of the biggest challenges
facing that sector: increasing unsold ticket inventory and the rising
cost of live entertainment for consumers. The interactive user-friendly
ScoreBig.com site enables consumers to get excellent tickets for live
sports, concerts and theater events at guaranteed savings of up to 60 percent. ScoreBig.com customers pick their own price on seats from the floor
to the rafters, always pay less than box office price, and never pay any
additional fees.
ScoreBig.com’s system has successfully developed the only “pick your
price” model that effectively moves unsold inventory while addressing the
threat of brand erosion inherent with traditional discounting. Traditional
discounting is tremendously problematic for ticket sellers because it can
damage their hard-earned brand value and alienate season ticket holders.
CEO and Co-founder Adam Kanner came up with the idea for
ScoreBig.com as a senior NBA marketing executive, when he experienced
the problem of unsold inventory and the perils of transparent discounting first hand. When he and Joe Milne formed the company in 2009,
they knew that analytics had to be infused into every aspect of the business and that the company needed to innovate a breakthrough technology platform to succeed. One of the company’s first executive hires was a
PhD in Mathematics, analytics expert Dr. Alison Burnham.
ScoreBig.com’s innovative proprietary technology platform was built
from the ground up to understand purchase intent and pricing better
than any other source in the marketplace.
S
Joe Milne of ScoreBig Inc.
11/21/2013
3:37 PM
Page 41
NOVEMBER 25, 2013
stamps.com El Segundo
is a software and web-based program that allows
customers to calculate and print valid U.S. postage for domestic letters, packages and international mail without having to
go to the Post Office. Individuals, home offices, small businesses
and e-commerce sellers can manage their mailing and shipping
operations more efficiently and securely than with postage meters
or regular stamps.
One of the many innovations Stamps.com has brought to the
internet postage category includes a USPS Rate Shopping Engine,
which allows e-commerce sellers to find the optimum mail class
and shipping rate for specific packages. Based on pre-set requirements that are inputted into the software, the program will include
a “Best USPS Rate” identifier that highlights the lowest cost option
that meets a customer’s pre-set shipping requirements.
Stamps.com also enables users to print Certified Mail postage on
plain paper.
Certified Mail usually involves handwritten forms using special
labels, but the Stamps.com technology allows a customer to input
data via computer and print Certified Mail postage on a plain piece
of paper, which is then placed into our exclusive Certified Mail window envelopes. After printing the address information, Certified
Mail tracking barcode and postage on a plain piece of paper, the
paper is folded and placed inside a window envelope. All the printed items will be clearly visible through the window envelope.
These are just a few of the many (including 125 U.S. patents)
innovations Stanps.com has brought to the internet postage world
since it was founded in 1996.
S
TAMPS.COM
Ken McBride of Stamps.com
Everybody knows spreadsheets can
be full of hidden, costly mistakes.
That’s why BlackLine replaces
spreadsheet processes for:
đƫ+1*0ƫ.!+*%(%0%+*/
đƫ*1(ƫ&+1.*(ƫ!*0.%!/
đƫ(+/!ƫ0/'ƫ)*#!)!*0
đƫ.*/0%+*ƫ)0$%*#
đƫ.%*!ƫ*(5/%/
đƫ+*/+(% 0%+*ƫ/5/0!)ƫ0%!ġ+10/
BLACKLINE.COM
('%*!ƫ5/0!)/ƫ3+1( ƫ(%'!ƫ0+ƫ+*#.01(0!ƫ((ƫ+"ƫ0$!ƫĂĀāăƫ
0.%'ƫ++*ġ$%+*#ƫ**+20%+*ƫ3. ƫ%**!./ƫ* ƫ%*(%/0/ċ
2013
11/21/2013
3:38 PM
Page 42
NOVEMBER 25, 2013
Event scene
Honored guests and attendees were on hand for the event at the Four Seasons Hotel Los Angeles in Beverly Hills; Dr. Patrick Soon-Shiong and wife Michele B. Chan; master of ceremonies Frank Mottek.
11/21/2013
4:38 PM
Page 43
What do health care changes
mean for your company?
If you wonder how the Affordable Care Act (ACA) may
impact your company, Anthem Blue Cross is here with
answers. We know you don’t have time to read the entire
ACA. That’s why we brought together all the important
information you need to know in one helpful website —
makinghealthcarereformwork.com.
The site is full of tools and resources to help you, including:
}
}
}
ACA Decision Support Tool. Use this interactive
tutorial to learn the basics of ACA and its impact
on you and your business.
ACA Financial Calculator. Estimate your costs for
offering health benefits to your employees.
Podcasts. Boost your understanding of particular
topics with these helpful audio programs. Listen
on your computer or mobile device.
You’ll find answers, and learn more about your options,
when you visit makinghealthcarereformwork.com today,
or call your Anthem sales representative.
Visit makinghealthcarereformwork.com.
Request your FREE Anthem Quote
now, in less than three minutes!
888-432-2583
Anthem Blue Cross is the trade name of Blue Cross of California. Independent licensee of the Blue Cross Association. ® ANTHEM is a registered trademark of Anthem Insurance Companies, Inc. The Blue Cross name and symbol are registered marks of the Blue Cross Association. 42404CAEENABC 11/13
11/21/2013
3:38 PM
Page 44
NOVEMBER 25, 2013
Event scene
Winners accept their awards: Left to Right, Therese Tucker of BlackLine Systems, Lute Maleki of OEwaves, Calum Chisholm of SAFCell, Dr. Patrick Soon-Shiong, Ophir Tanz of GumGum and
Brian Hartnack, Steven Caldwell and Jerry Slavonia of Campus Explorer
11/21/2013
2:59 PM
Page 45
NOVEMBER 25, 2013
We are
Proud
Supporters
Kidsave helps older, overlooked
orphans and children in
foster care find families.
www.kidsave.org
of
Kidsave
Thank you to our 2013
golf sponsors and our volunteers
Associates Purchasing
Aurora Storage Products
Blackstone Consulting
Brookfield Office Properties
Chicago Title Company
Equity Office
Frances Moreno & Vaco
Greenwald, Pauly, Foster & Miller
Guardian Life Insurance Company of America
Hathaway Dinwiddie
HOK
Howard Building Corporation
Inner Space Constructors
Insperity
LBA Realty
NCM Demolition & Remediation
Olpin Group
Pinnacle Communications
Pinnacle Contracting Corporation
SAA
3ARESs2EGIS'ROUP
Steelcase
Tangram Interiors
Turner Construction
Cresa Los Angeles
11726 San Vicente Blvd., Suite 500
Los Angeles, CA 90049
310.207.1700 | www.cresa.com
Please join us at the next
Kidsave LA MiracleMakers
Golf Classic on Monday,
September 29, 2014.
46 LOS ANGELES BUSINESS JOURNAL November 25, 2013
Los Angeles Business Journal’s 2014
Book of Lists
TOP 10 Reasons to advertise in the Book of Lists:
1
2
Guarantee that every CEO on
a list reads your ad.
3
4
Reach hidden
influencers.
5
Position yourself adjacent to a
list you aren’t on and be a part
of the conversation.
6
Advertising in the BOL shows
your strength to the
Business community.
7
It’s extremely cost effective…
an ad is referred to 13.2
times per year.*
8
You can communicate your
brand’s staying power and
relevancy.
9
Kick off your 2014 ad
campaign with year-long
visibility.
10
The BOL has an exciting
new format and magazine
size this year… lists are printed
both ALPHA and by Industry.
Target Decision Makers
by aligning your ad next to
strategic lists.
If you’re not there… your
competitor will be!
*Readex Subscriber Study
Deadline to reserve ad space:
December 2, 2013
For advertising information,
please call 323.549.5225
Ad Materials Deadline:
December 5, 2013

PATRICK SOON-SHIONG INNOVATION AWARDS

Transcription

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