Amgen lawsuit over cholesterol drug will get new trial
Health Care & Life Science, Latest news, TechnologyAn Amgen lawsuit against a competing cholesterol drug will get a new trial but sales of the drug will be allowed in the U.S. until a decision is rendered. A federal court of appeals judge threw out a ban on the sale of Praluent, manufactured by New York-based Regeneron Pharmaceuticals and French biotech company Sanofi Read More →
Cal Poly SLO contracts with REC Solar for solar farm project
Agribusiness, Central Coast, Energy, Higher Education, Latest newsCal Poly San Luis Obispo announced the launch of a 4.5 megawatt solar farm project Oct. 3 that will provide around a quarter of its total electricity usage. The university has contracted with REC Solar to finance construction and maintenance through a power purchase agreement. Construction began in late September and is expected to be Read More →
Pacific Premier Bancorp on Fortune magazine’s Fastest Growing Companies list
Banking & Finance, Banking Industry, Latest newsStory updated at 10:20 a.m. Oct. 5: The holding company for Pacific Premier Bank, Pacific Premier Bancorp, has been ranked 21st on Fortune magazine’s Fastest Growing Companies for 2017. The magazine ranks publicly traded companies based on a formula that considers revenue growth rate, earnings per share growth rate and three-year annualized total return for Read More →
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 →
