FDA declines to approve Novartis biosimilar for Amgen’s Neulasta
Health Care & Life Science, Latest newsThe Food and Drug Administration has declined for now to approve a copycat version of Amgen’s blockbuster drug Neulasta. Reuters reported July 19 that the FDA sent a letter to Swiss pharmaceutical Novartis at the end of June saying it was declining to approve the drug for now. Neulasta, made by Thousand Oaks-based biotech giant Read More →
Lockheed Martin second quarter earnings beat analyst estimates
Earnings, Latest newsLockheed Martin revenues increased slightly and the company beat analyst estimates when it reported second quarter earnings results July 19. Lockheed Martin said sales increased during the quarter from $11.6 billion during the same quarter in 2015 to $12.9 billion in 2016. Earnings per share increased from $2.94 to $3.32 per share over the same Read More →
Goleta’s InTouch Health picks DeVivo to replace Wang as CEO
Health Care & Life Science, Latest newsGoleta-based telemedicine provider InTouch Health appointed Joseph DeVivo as the new CEO to replace former CEO Dr. Yulun Wang, the company announced July 19. DeVivo was most recently the CEO of New York-based AngioDynamics, a publicly traded medical device manufacturer. He has more than 25 years of experience in the health care industry. “InTouch Health Read More →
Ceres third-quarter revenue up, losses down
Earnings, Latest news, Tri-County Public CompaniesThousand Oaks-based ag-biotech company Ceres Inc. released third quarter results in documents filed with the Securities and Exchange Commission July 15. Ceres said revenues increased from $1.1 million during the third quarter of 2015 to $1.4 million during the third quarter of 2016. Net losses decreased from $5.9 million, or 98 cents per share, last Read More →
Amgen partnering with Japanese company to develop biosimilars
Health Care & Life Science, Latest newsThousand Oaks-based biotech giant Amgen said July 13 it will partner with a Japanese company to develop and commercialize biosimilars in Japan. Under the partnership, Amgen will develop and manufacture biosimilars while Daiichi Sankyo will obtain marketing approval, distribution and commercialization rights in Japan for the products. The deal also includes several late-stage development drugs. Read More →
Ventura County man ordered to pay $1 million to 111 victims of investment scam
Latest news, Law & GovermentA Ventura County man who pled guilty to orchestrating a sports products investment scheme was ordered to pay more than $1 million to 111 victims. Gilbert Infante admitted to 13 felony counts of securities fraud and identity theft and was sentenced to eight years in prison, the Ventura County District Attorney’s Office announced on July Read More →
California Lutheran University to launch nonprofit leadership center
East Ventura County, Latest news, Nonprofits, West Ventura CountyStory updated at 11:45 a.m. on July 14: California Lutheran University has tapped a former Ventura County Community Foundation executive to start a nonprofit leadership center that aims to help fill the void created by the VCCF’s Center for Nonprofit Leadership closure. The Thousand Oaks-based university is launching a Center for Nonprofit Leadership in September Read More →
