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Atara Biotherapeutics angles for $92M, but jobs are scarce

By   /  Friday, August 29th, 2014  /  East Ventura County, Health Care, Technology, Top Stories, Tri-County Economy  /  No Comments

Atara is among a new breed of “virtual” biotech startups. Such firms operate with barebones staff and outsource research and manufacturing operations to contract organizations. They are becoming increasingly common as investors seek to mitigate the huge risks of bringing drugs to market, a process that can cost as much as $1.8 billion, according to industry estimates.

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Firms shape up for success with workplace wellness programs, perks

By   /  Friday, August 29th, 2014  /  Central Coast, East Ventura County, Green Coast, Health Care, South Coast, Technology, Top Stories, Tri-County Economy, West Ventura County  /  No Comments

Employees at software firm Mindbody enjoy benefits ranging from on-site yoga classes to opportunities to play Frisbee and board games. It’s all part of maintaining a happier workforce, the company said, which in turn leads to lower insurance costs. (Nik Blaskovich photo)

  At the San Luis Obispo headquarters for international software company Mindbody, employees can break away for noontime yoga or retreat to one of the building’s downstairs spa rooms for a massage or facial. Amid high ceilings, colorful beanbag chairs and exercise balls, employees at Mindbody are working in an atmosphere that’s anything but the […]

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Clinicas sues Gold Coast Health, alleging loss of 20K patients

By   /  Friday, August 15th, 2014  /  East Ventura County, Health Care, Law, Top Stories, Tri-County Economy, West Ventura County  /  No Comments

Ventura County’s largest system of nonprofit health clinics is suing the entity that oversees the county’s Medi-Cal dollars, alleging that a breach of two contracts caused the clinics to lose 20,000 patients and at least $74,600 per month.

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A heartbeat away: Advances in diabetes tech promise better self-care

By   /  Friday, August 8th, 2014  /  Health Care, Technology, Top Stories  /  No Comments

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In May 1922, Dr. William Sansum injected a diabetes patient with insulin for the first time in the U.S., instantly increasing life expectancy from mere weeks to many years. His patient lived to 90.

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LTC beats on revenues, meets on profits

By   /  Wednesday, August 6th, 2014  /  Earnings, Health Care, Latest news, Real Estate, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  No Comments

Westlake Village-based LTC Properties beat revenue estimates in the second quarter as its funds from operations were up 17.8 percent to $22.5 million, or 64 cents per common diluted share, meeting Wall Street expectations.

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Allergan’s South Coast exit reshapes breast implant industry

By   /  Friday, July 25th, 2014  /  Health Care, South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off

The region’s status changed dramatically on July 21 when Irvine-based Allergan announced that it would shutter its Santa Barbara operations and eliminate 300 jobs there.

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Allergan to shutter Goleta facility, cut 300 jobs

By   /  Tuesday, July 22nd, 2014  /  Earnings, Health Care, Latest news, South Coast, Technology, Top Stories, Tri-County Public Companies  /  Comments Off

Allergan will close its Goleta facility and eliminate about 300 positions there as part of a broader cost tightening effort as the Irvine company fends off a hostile takeover attempt. Allergan makes Botox and other cosmetic drugs and devices. The company became a major South Coast employer in 2005 when it bought breast implant maker […]

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