Mannkind stock soars over new label info for Afrezza
Earnings, Health Care & Life Science, Latest news, Technology, Tri-County Public CompaniesWestlake Village biotech company Mannkind received approval to update the prescribing information for its inhalable insulin product, Afrezza, making it easier to market to customers. The new label information clarifies starting and adjusting mealtime dosages, as well as initial and peak effects, and helps the company avoid confusing language, CEO Michael Castagna said in a Read More →
Rebranding of Bacara as a Ritz-Carlton confirmed
Latest news, South Coast, TourismThe Ritz-Carlton confirmed the sale and rebranding of the Bacara Resort & Spa in Goleta on Sept. 29, after what it called a “multimillion-dollar” renovation. The Business Times was the first to report news of the Bacara’s rebranding as a Ritz-Carlton on Sept. 12. The hotel will now be named the Ritz-Carlton Bacara, Santa Barbara Read More →
$1.7 million embezzled from Santa Barbara County
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UCSB researchers get $9 million to develop new brain imaging
Higher Education, Latest news, TechnologyUC Santa Barbara researchers received $9 million to further their efforts to get a better view of the human brain. The National Science Foundation awarded the funding to the Next Generation Multiphoton Neuroimaging Consortium project, or NEMONIC, which includes UCSB researchers John Bowers, Michael Goard and Luke Theogarajan among its team of neuroscientists, electrical engineers, Read More →
CalAmp reports revenue decline but net income up
Earnings, Latest news, Technology, Tri-County Public Companies, West Ventura CountyInformation technology company CalAmp reported on Sept. 28 a slight drop in revenue for its second quarter but a dramatic increase in net income, bringing in $12.2 million, or 34 cents per share. The company, which has operations in Oxnard, brought in $89.8 million during the quarter, down slightly from $90.5 million in the second Read More →
Museum of Ventura County replaces board with 11 new members
East Ventura County, Latest news, Nonprofits, West Ventura CountyUpdated at 10:20 a.m. Sept. 29: The Museum of Ventura County has replaced its board of directors and elected 11 new board members, it announced in a news release Sept. 28. The museum has faced financial woes and possible closure in the past few years. It streamlined its budget to $1.1 million as of May Read More →
Amgen settles with AbbVie over Humira biosimilar
East Ventura County, Health Care & Life Science, Latest news, TechnologyThousand Oaks biopharmaceutical giant Amgen announced Sept. 28 that it had reached a settlement with Chicago-based competitor AbbVie, which had sued to block Amgen’s Humira biosimilar Amjevita. The rheumatoid arthritis and inflammation treatment received U.S. Food and Drug Administration approval in September of 2016, but sales were blocked when AbbVie filed a patent infringement claim Read More →
