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Later, not soon

Layoffs for Soon-Shiong startup, plus political vision

Dr. Patrick Soon-Shiong
Dr. Patrick Soon-Shiong

Later, not soon Los Angeles biotech billionaire Patrick Soon-Shiong, still waiting to close on his $500 million purchase of the Los Angeles Times and its San Diego little sister Union-Tribune, has been doing some downsizing elsewhere in his far-flung financial empire. Word comes via the Washington Business Journal that Soon-Shiong’s molecular diagnostics start-up NantOmics LLC is laying off 52 workers from its outpost in Rockville, Maryland. Wall Street rumors have long had it that the super-rich physician was planning to go public with NantOmics and others of his raft of pharmaceutical enterprises, but terms of a final deal, as in the case of the U-T takeover, have yet to emerge... San Diego city councilwoman Myrtle Cole, up for reelection this year, handed out 73 certificates for free eye care, thanks to a $28,106 behest from VSP Vision Care of Rancho Cordova near Sacramento, according to a March 1 disclosure filed with the city clerk’s office. The August giveaway was conducted at a “Back to School Health Fair” presented by Democratic Assemblywoman Shirley Weber “in partnership” with Democratic California Senate leader Toni Atkins and Cole.

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Dr. Patrick Soon-Shiong
Dr. Patrick Soon-Shiong

Later, not soon Los Angeles biotech billionaire Patrick Soon-Shiong, still waiting to close on his $500 million purchase of the Los Angeles Times and its San Diego little sister Union-Tribune, has been doing some downsizing elsewhere in his far-flung financial empire. Word comes via the Washington Business Journal that Soon-Shiong’s molecular diagnostics start-up NantOmics LLC is laying off 52 workers from its outpost in Rockville, Maryland. Wall Street rumors have long had it that the super-rich physician was planning to go public with NantOmics and others of his raft of pharmaceutical enterprises, but terms of a final deal, as in the case of the U-T takeover, have yet to emerge... San Diego city councilwoman Myrtle Cole, up for reelection this year, handed out 73 certificates for free eye care, thanks to a $28,106 behest from VSP Vision Care of Rancho Cordova near Sacramento, according to a March 1 disclosure filed with the city clerk’s office. The August giveaway was conducted at a “Back to School Health Fair” presented by Democratic Assemblywoman Shirley Weber “in partnership” with Democratic California Senate leader Toni Atkins and Cole.

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Comments
4

Myrtle Cole will need more than freebie chits for vision care to get re-elected to her Labor-backed City Council sinecure. Cole is propped up by her numerous aides and could be fairly described as as utterly incompetent without their help. Cole's opponent is Democrat ACLU lawyer Monica Montgomery, who knows the score as she once worked in that office and is courageously running a grassroots campaign for genuine community representation.

March 21, 2018

What is the tie-in between Soon-Shiong and Myrtle Cole? I don't see what the first part of the article has to do with the second part.

March 22, 2018

They are two different items in NEWS UNDER THE RADAR.

March 22, 2018

That's a good question. More dots between items may be needed.

March 26, 2018

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