Has Amgen solved its conundrum?
For the past decade, the world’s biggest biotechnology company has faced what I have come to call the Amgen conundrum. The company’s revenue and profits keep rising, along with new ways of delivering its core drugs Epogen and Aranesp. But big one ingredient has been missing — a rising share price. After a spectacular rise Read More →
Theater 150 saved by last-minute donors
Ojai’s Theater 150 could breathe a big sigh of relief this week. The small community theater located along Highway 150 recently sent out an e-mail to its supporters asking for desperately needed donations: “We have until Monday, [May 31] to raise a substantial portion of the $140,000 we need to create this new annual festival Read More →
From backstage to boardroom: Region
For some tri-county businesspeople, the best way to end a long day at the office is to clock out and rock out. With a band, that is. Driven musicians often rise in the business world because they’re used to pushing for perfection when no one’s pushing them, and chasing a dream for pay that ranges Read More →
Frontier launches Santa Barbara service
More than 50 political and civic leaders came out to Santa Barbara Airport on June 4 for the inaugural Frontier Airlines flight from Santa Barbara to Denver. The daily flights give United Airlines its first competition in decades for the nonstop Denver route. Frontier will make the trip with 99-seat Embraer jets, the Read More →
Kavli Prize winners announced in Oslo
The winners of the Kavli Prize in astrophysics, neuroscience and nanoscience were announced June 3 in Oslo, Norway, by the Oxnard-based Kavli Foundation and the Norwegian Academy of Science and Letters. Eight American and European scientists won the prizes, which come with an award of $1 million. The astrophysics winners were Jerry Nelson of UC Read More →
Headhunting starts over for Cal Poly
After campus visits by the three finalists being considered for the post of new president of Cal Poly San Luis Obispo, CSU Chancellor Charles B. Reed has recommended that the process start over with a new pool of candidates, Cal Poly announced June 2. The CSU board of trustees has concurred with the chancellor’s recommendation, Read More →
Amgen gets FDA approval for Prolia
Thousand Oaks-based Amgen, the largest biotech company in the country and the tri-county region’s biggest private employer, announced June 1 that a major bone strength drug was approved by the U.S. Food and Drug Administration to treat osteoporosis in postmenopausal women. The approval is a breakthrough for Amgen, as analysts and investors have pinned their Read More →
