But the California-based company, which manufactures generic drugs, said no injuries had been reported.

The proposition does not affect California-based companies or California residents.

The California-based company reported a net loss of $268m (£183m) compared with a profit of $798m in the same period last year.

"There are a couple of California-based companies that are looking at this market seriously," he said.

Three California-based companies submitted proposals for a reusable rocket.

But the California-based company filed for bankruptcy on 6 September, with the loss of 1,000 jobs.

She started the California-based company in 1982.

However, the California-based companies said they were not sure whether the deal would close on a timely basis.

About 40 percent of the venture capital money raised in the country is flowing into California-based companies.

Q. You said that not all of your investments are in California-based companies.