Old Pasadena Tech Hub Readies for Opening

first_img First Heatwave Expected Next Week Community News More Cool Stuff faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Darrel Done BusinessVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Business News Old Pasadena Tech Hub Readies for Opening By ARTHUR VILLASANTA Published on Monday, December 22, 2014 | 4:04 pm Your email address will not be published. Required fields are marked * Subscribe Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Herbeauty6 Lies You Should Stop Telling Yourself Right NowHerbeautyHerbeautyHerbeautyWant To Seriously Cut On Sugar? You Need To Know A Few TricksHerbeautyHerbeautyHerbeautyEverything You Need To Know About This Two-Hour ProcedureHerbeautyHerbeautyHerbeautyInstall These Measures To Keep Your Household Safe From Covid19HerbeautyHerbeautyHerbeauty7 Most Startling Movie Moments We Didn’t Realize Were InsensitiveHerbeautyHerbeautyHerbeautyHere Is What Scientists Say Will Happen When You Eat AvocadosHerbeautyHerbeauty Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenacenter_img Community News Pasadena will take a huge step towards becoming a stronger technology epicenter in California with the opening in early 2015 of the second location of Cross Campus, a company that rents out offices built specifically for techies and entrepreneurs.Cross Campus’ Pasadena office is its largest. It encompasses some 16,000 square feet of usable space and three floors along 87 North Raymond Avenue near the Memorial Park Metro Station in Old Pasadena.Cross Campus Old Pasadena could do for Pasadena what Cross Campus’ original office in Santa Monica did for Santa Monica: lure hundreds of techies and other creative persons and entrepreneurs to collaborate and do business in an environment conducive to productivity.The Santa Monica campus is a hub for Los Angeles’ ongoing entrepreneurship boom. The same effect might be expected when the Old Pasadena campus opens.“Pasadena has a pedigree and the people to be a leading entrepreneurial ecosystem. It is already home to world-class institutions such as Caltech, NASA’s Jet Propulsion Lab, and Art Center College of Design,” said Ronen Olshansky, Cross Campus founder and CEO.“With great public transit and a density of food, retail and entertainment options, Pasadena has the raw materials to grow and we’re excited to help catalyze this growth. Many of our current Westside members will be excited that we’re adding an Eastside component to our network”.Pasadena Mayor Bill Bogaard said Cross Campus’ expansion into Old Pasadena will have a positive economic impact and will generate even more business opportunities in this dynamic commercial district.“I appreciate the effort … put into re-envisioning these buildings and I am grateful to Cross Campus for working with our Pasadena team. This is a win-win for everybody.”Cross Campus Old Pasadena will be larger than the Santa Monica location. It will feature enterprise-class connectivity and audio/video capabilities and new elements tailored to the Pasadena market.Members or tenants of Cross Campus Old Pasadena will have access to business support services as well as introductions to, and office hours with, other entrepreneurs, investors and industry experts.The Old Pasadena campus will emphasize community and collaboration through “rich event programming and members-to-member engagement”. It will be set up to host speaking engagements, launch events, hackathons and workshops.Olshansky said while Pasadena is an exciting market, Cross Campus needed to provide state of the art technology infrastructure to create the right business environment for member companies.He said Cross Campus chose the Old Pasadena location because of real estate developer Rising Realty Partners (RRP) and 5×5 Telecom’s technological enhancements and amenities.In November 2013, RRP and internet entrepreneur David Sacks acquired 87 North Raymond at Memorial Park Station, a three-building complex formerly known as “The Old Pasadena Plaza” that is now the site of Cross Campus. Constructed between 1895 and 1914, the site has multiple historical features.RRP and Sacks commissioned communications technologies solutions provider, 5×5 Telecom, to rebrand the building and completely revamp its technological backbone.5×5 Telecom’s technology at Cross Campus Old Pasadena includes a site-wide fiber backbone, fault-tolerant network redundancy, multiple ISP’s for carrier diversity and on-premises rack space.All these elements aid in providing tenants fiber-to-the-suite speeds provisioned in as little as 24 hours. Wi-Fi coverage will allow tenants and the public to utilize Wi-Fi along Raymond and Holly Streets in the vicinity of the campus, including at Memorial Park across the street.Cross Campus (http://www.crosscamp.us/) rents out its office space in packages. These packages include Private Offices (prices vary); Dedicated Workstation ($600/month); Collaborative Workspace ($350/month); Night + Weekend ($150/month) and Pay as You Go ($150/month). Business News Name (required)  Mail (required) (not be published)  Website  16 recommended0 commentsShareShareTweetSharePin it Top of the News Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Make a commentlast_img read more

Omnibus bill relaxes drug patent rule to boost pharma innovation

first_imgAllowing pharmaceutical companies to apply for patents abroad might expedite patent sharing for developing the needed vaccine or antiviral during an outbreak, such as the ongoing COVID-19 outbreak, he said.Read also: Indonesia to get new business license regime with omnibus billArticle 20 of the Patent Law stipulates that the patent holder must manufacture its products or process them in Indonesia, which would require technology transfers, investment and/or creating new jobs.The article has been deleted in the omnibus bill on job creation. Instead, the bill stipulates that pharmaceutical companies only need to obtain licenses from the government for operating their business and developing medicines and medical devices. Topics : The government is authorized to revoke the licenses if a company’s drugs and medical devices do not meet standards, with further provisions to be regulated in government regulations (PP).Meanwhile, Law No. 36/2009 on health states that medical supplies may be distributed only after a distribution license is granted and  must adhere to distribution objectives.“The government hopes to strengthen the pharmaceutical industry’s contributions to the country through import-substituting products,” said Airlangga.center_img The government is planning to relax rules on drug patents in the omnibus bill on job creation to boost the nation’s pharmaceutical industry and encourage patent-sharing, a top minister has said.Coordinating Economic Minister Airlangga Hartarto said that current legislation obliged companies to register their patents in Indonesia in hopes of driving the local pharmaceutical industry, but that the industry had not grown as expected. Instead, the patent rule created difficulties for the industry in providing the needed medication during a health emergency.“We are pushing [so] companies do not have to register their patents in Indonesia,” Airlangga said on Monday evening during a media briefing in Jakarta.last_img read more

F1 News: Mercedes emerge victorious in 2019 Constructors’ Championship

first_img FOLLOW US Last Updated: 14th October, 2019 16:26 IST F1 News: Mercedes Emerge Victorious In 2019 Constructors’ Championship Valtteri Bottas finishes first, as Vettel and Hamilton follow to secure the Constructors’ championship for Mercedes in Sunday’s Japanese Grand Prix. For a sixth successive year, Mercedes have won the Constructor’s Championship this season. The automobile giant secured the Constructor’s Championship on Sunday after amassing a mammoth 612 points. Valtteri Bottas’ victory in Japan effectively rules out Ferrari’s Sebastian Vettel from winning the Driver’s Championship. This means that only Bottas and current world champion Lewis Hamilton are in contention for it.Also Read | Michael Schumacher Update: Formula 1 Legend In Paris For Cell TherapyHamilton looked set to secure another Driver’s Championship win in Japan, but a pit-stop blunder from the Mercedes team means that the five-time Formula One world champion will have to wait to secure his sixth title. The Brit is widely regarded as the best driver of his generation and is also regarded as one of the greatest drivers in the history of the sport. With Bottas finishing first and Hamilton settling on third, Mercedes dominated the podium in the Japanese Grand Prix. With Ferrari duo Sebastian Vettel and Charles Leclerc out of the running, Mercedes will become the first team in the history of Formula One to win six consecutive constructors’ and individual championships. Also Read | Japanese Grand Prix: Ferrari’s Sebastian Vettel Grabs Pole Position Colin DCunha Even though Hamilton missed out on the number one spot, he did manage to register the fastest lap of the race. The defending world champion was left with a bitter taste in his mouth as he was left doubting Mercedes’ dubious pit stop strategy. Hamilton currently has a lead of 64 points over the second-placed Bottas. Hamilton has secured 338 points in the Driver’s Championship standings so far, with victories in Bahrain, China, Spain, Monaco, Canada, France, Great Britain, Hungary and Russia. With four races to go this season, and a maximum of 104 points on offer, Hamilton will look to clinch his sixth driver’s championship in the next race in Mexico City. If Hamilton finishes first and teammate Valtteri Bottas comes in at fifth or lower, Hamilton will win the title. A victory in Mexico City will also move him into touching distance of Michael Schumacher’s record of seven championship titles. Also Read | F1 | Vettel Wins Singapore Grand Prix, Ends 13-month Winless StreakFerrari’s failure in the Japanese Grand PrixMeanwhile, the Japanese Grand Prix was not without its share of drama, as Sebastian Vettel was lucky to escape punishment for an apparent jumped start to the race, despite starting on pole. His teammate Charles Leclerc was slapped with a five-second penalty after bumping into Red Bull’s Max Verstappen, before being handed an additional 10-second penalty for continuing to drive the car in an unsafe condition. Mexico’s track has always proven to be a bit of a sticky race for Mercedes. Hamilton, therefore, will have to be at his very best to secure his sixth Driver’s Championship in Mexico’s capital city.Also Read | Formula 1: At 1.88 Seconds, This World Record-breaking Pit Stop Is Nothing Short Of An Olympic-level Feat SUBSCRIBE TO US COMMENT Written By WATCH US LIVE LIVE TV First Published: 14th October, 2019 16:26 ISTlast_img read more