Inogen sees slight stock climb behind regulatory wins
Goleta-based Inogen saw its stock climb about 3% after the company achieved regulatory milestones in the European Union and the United States to support its products and shared its preliminary fourth quarter and full-year revenue results on Jan. 10. Inogen, a maker of portable oxygen containers, received European Medical Device Regulation certification from the British Read More →
Westlake Village Biopartners’ backed Acelyrin makes first acquisition
Acelyrin, a Los Angeles-based biotechnology company, announced its first acquisition of ValenzaBio, a privately held company developing therapies for autoimmune and inflammatory diseases, in an all-stock transaction, the company said Jan. 5. With the acquisition, Acelyrin gains multiple clinical and pre-clinical development programs to its robust immunology pipeline, which is led by izokibep, a small Read More →
Arcutis approves equity grants
Westlake Village-based Arcutis Biotherapeutics announced the grant of an aggregate of 17,050 restricted stock units of Arcutis’ common stock as well as options to purchase an aggregate of 33,550 shares of Arcutis’ common stock to five newly hired employees. The stock options have a ten-year term and an exercise price of $14.77 per share, equal to Read More →
Community Memorial Health adds CEO, Chief of Staff
Mick Zdeblick officially stepped into his new role as the CEO of Community Memorial Health on Jan. 9, replacing Gary Wilde, who retired after helming the position since 2004. Community Memorial Health, which offers a network of services throughout Ventura County, welcomes Zdeblick from Medford, Oregon, where he served as the CEO of Asante Rogue Read More →
Tri-county is bombarded by second wave of storm
Note: This article has been updated to include information on Santa Barbara Airport. Continued storming throughout the tri-counties on Jan. 9 has forced highway closures, multiple evacuation warnings and school closures for the following day. Also, the Santa Barbara Airport announced late Jan. 9 that it is closed due to flooding. All commercial flights are canceled Read More →
Vital Signs: Santa Barbara gearing up for more economic recovery in 2023
Santa Barbara is hoping to see more “solid post-pandemic economic activity” in the new fiscal year, as the city announced it received $7.5 million in sales tax revenue for the quarter ended Sept. 30. September is the first quarter of the city’s fiscal year and the $7.5 million represents a 3.9% rise from the same Read More →
Dubroff: Five droughts that could come to an end in 2023
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