inglewood

Cancer drugs have come a long way in treating late-stage patients, and one company is betting its technology can make them even more effective.

ImaginAb, the Inglewood-based cancer immunotherapy company, announced last week that it raised $12.8 million to continue to develop its technology to harness the body's immune system to tackle cancer.

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Los Angeles Clippers chairman Steve Ballmer is paying $400 million in cash to buy the Forum arena from the Madison Square Garden Company, the LA Times reported Tuesday.

The deal allows Ballmer, the former Microsoft CEO who paid $2 billion to buy the Clippers in 2014, to move forward with plans to build a new arena for the NBA franchise.

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