March 28, 2024

		


| Monday, July 11th, 2016

FDA OKs wearable injector for Amgen’s Repatha cholesterol drug

Health Care & Life Science, Latest news

The U.S. Food and Drug Administration approved a new type of injector for Amgen’s cholesterol reducing drug Repatha on July 11. The FDA approved a wearable injector, called the “Pushtronex” system, that sticks to patients’ bodies and delivers a dose of the drug monthly under the skin. Patients can perform moderate physical activities like walking Read More →

| Friday, July 8th, 2016

Tri-county Wendy’s restaurants hacked in cyber attack

Latest news

Several tri-county Wendy’s restaurants were hacked by malware, the company said July 7. Wendy’s restaurants in Ventura, Oxnard, Goleta, Lompoc, Paso Robles and two restaurants in Camarillo were hit with malware that may have stolen customers’ credit and debit card information. The company said in a news release customers’ names, credit card numbers, expiration dates, Read More →

| Friday, July 8th, 2016

Goleta’s Resonant buys GVR Trade SA for $1.1 million

Latest news, Technology

Resonant, a late stage Goleta development company designing small smartphone technology, announced it bought Switzerland-based GVR Trade SA on July 8 for $1.1 million in stock and cash. Resonant designs a smartphone component called a duplexer. The duplexer acts as a phone’s eyes. A set of filters inside the duplexer selects which radio frequencies to Read More →

| Friday, July 8th, 2016

Westlake Village’s LTC Properties buys 70-unit complex in Georgia

Latest news, Real Estate

Westlake Village-based real estate investment trust LTC Properties announced July 8 that it bought a 70-unit assisted living and memory care complex near Athens, Ga., for $14.3 million. The newly built community has 90 licensed beds and consists of 50 assisted living units and 20 dedicated memory care units. The deal expands LTC’s relationship with Read More →

| Friday, July 8th, 2016

FDA finds Amgen biosimilar replicates effects of Humira

Health Care & Life Science, Latest news, Tri-County Public Companies

The Food and Drug Administration said a new Amgen biosimilar replicates the effects of a competitor’s blockbuster drug July 8. ABP 501 replicates the effects of Humira, which is approved to treat nine conditions including rheumatoid arthritis, skin disorders and colon inflammation. The drug, made by Chicago-based competitor AbbVie, typically costs $20,000 per year for Read More →

| Friday, July 8th, 2016

Thousand Oaks City Manager Scott Mitnick fired

East Ventura County, Latest news

Thousand Oaks City Manager Scott Mitnick was fired July 7 after a six-hour, closed door City Council meeting which ended shortly before midnight. The City Council voted unanimously to terminate Mitnick, effective immediately. “We are heading in a different direction and remain focused on preparing our city for the future and continuing the great things Read More →

| Thursday, July 7th, 2016

Stellar Biotechnologies offerings raise $6.75 million

Health Care & Life Science, Latest news, Tri-County Public Companies

Stellar Biotechnologies, a Port Hueneme-based company which makes medicines from the blood of animals found only off the coast of California, closed two private offerings July 6. Stellar closed one offering of 1.7 million common shares sold to institutional investors for $4 per share. In a separate concurrent offering, the company also sold 1.3 million Read More →