Amgen’s cholesterol-lowering drug Repatha gets U.S. approval
Latest news, Tri-County Public CompaniesThousand Oaks-based biotech giant Amgen won U.S. approval for its powerful cholesterol-lowering drug Repatha for certain patients, making it the second in a new class of treatments to come to market, Bloomberg News reported Aug. 27. The Food and Drug Administration cleared Repatha for people with hard-to-treat levels of bad cholesterol, according to a statement Read More →
Dole CEO Murdock, ex-president ordered to pay $148M
Agribusiness, Latest newsDole Food Co. Chief Executive Officer David Murdock and a former executive of the fresh-fruit producer were ordered to pay $148.1 million over allegations they drove down the value of the company so Murdock could take it private on the cheap in a $1.2 billion deal, Bloomberg News reported Aug. 27. Murdock received an “improper Read More →
Goleta-based Community West Bancshares reports loss
Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public CompaniesGoleta-based Community West Bancshares, parent company of Community West Bank, reported a loss of $2.3 million in the second quarter of 2015 following a $7.2 million loan settlement. The company recorded a profit of $1.7 million in the same period last year. “Community West’s second quarter results included solid loan and deposit growth and strong Read More →
Camarillo’s Semtech reports loss for second quarter
Latest news, Technology, Tri-County Public CompaniesCamarillo-based Semtech said it lost $313,000 in an earnings report for the second quarter of its 2016 fiscal year on Aug. 19. Semtech makes analog and mixed signal semiconductors. The results continue a slow year for Semtech, which lost $142,000 in the first quarter. That amounted to a loss of less than one cent per Read More →