May 12, 2024

		


| Thursday, November 19th, 2015

European regulators approve Amgen cancer drug Kyprolis

Health Care & Life Science, Latest news, Technology

Thousand Oaks-based Amgen scored another major victory Nov. 19. European regulators approved experimental drug Kyprolis on Thursday for patients who have received at least one prior treatment for multiple-myeloma. Kyprolis was the cornerstone of Amgen’s $10.4 billion buyout of Onyx Pharmaceuticals in 2013. Multiple-myeloma is a form of blood cancer that forms in plasma cells Read More →

| Thursday, November 19th, 2015

Semtech third quarter earnings per share miss estimate

Earnings, Latest news, Tri-County Public Companies

Semtech, a Camarillo-based maker of semiconductors for cell phones and electronic devices, missed analyst estimates slightly when the company reported third quarter results Nov. 18. Semtech reported earnings per share of 16 cents. Analysts had expected earnings per share of 24 cents. Semtech slightly exceeded analyst revenue estimates of $115.4 million by posting earnings of Read More →

| Tuesday, November 17th, 2015

French Hospital Medical Center unveils educational facility

Central Coast, Health Care & Life Science, Latest news, Top Stories

  French Hospital Medical Center has taken the wraps off an 18,000-square-foot health and education facility it hopes will forge closer ties between the hospital and higher education in San Luis Obispo. With about 200 business and community leaders standing by, CEO Alan Iftinik unveiled the Copeland Health Education Pavilion. Iftinik said the building, which Read More →

| Tuesday, November 17th, 2015

Citrix to layoff 1,000 employees, spin off GoToMeeting

Latest news, South Coast, Top Stories

Citrix Systems Inc., the cloud-services company, is planning to cut about 1,000 jobs and spin off its Goleta-based GoToMeeting division rather than sell the online meeting organizer, it announced Nov. 17. Activist investor Elliott Management Corp. has been calling for change at the software firm. Citrix also noted that it would restructure its labor force, Read More →

| Wednesday, November 11th, 2015

Inogen’s third quarter earnings beat Wall Street expectations

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

  Inogen, a Goleta-based maker of direct-to-consumer respiratory products, beat analyst estimates for revenue when the company released third quarter earnings on Nov. 10. Revenues were up 38.7 percent from $29.4 million during the third quarter of last year to $40.8 million this year. Analysts had predicted revenues of $37 million. Inogen also reported adjusted Read More →

| Tuesday, November 10th, 2015

No Startup Weekend Santa Barbara this year

Latest news

Startup Weekend Santa Barbara will not be happening this year. The event was held the second weekend in November each of the past two years. Santa Barbara startup NextMover won the inaugural event in 2013. NextMover provided users with a cheap alternative to moving companies by connecting people with owners of large vehicles that wanted Read More →

| Monday, November 9th, 2015

Santa Barbara’s Beneflex buys Newbury Park-based Insurance Dimensions

Latest news

Santa Barbara-based Beneflex Insurance Services recently acquired Newbury Park-based Insurance Dimensions. Beneflex helps small- and medium-sized companies in the tri-county region navigate Affordable Care Act compliance and other issues regarding employee benefits. It acquired Insurance Dimensions on Oct. 1 to increase its client base throughout Santa Barbara and Ventura counties and benefit from owner/operator Aline Read More →