Comcast spends $30M on Semtech stock in deal to create trial LoRa network
Camarillo semiconductor manufacturer Semtech announced a partnership with Comcast on Oct. 5 for the development of a trial low-power wide area network in Philadelphia and San Francisco this fall. Semtech and Philadelphia-based internet provider, cable provider and media company Comcast said in a news release the trial will help accelerate the rollout of a much Read More →
Nurses claim labor law violations in suit against Twin Cities Community Hospital
A group of 53 nurses filed claims against Templeton’s Twin Cities Community Hospital for allegedly violating California labor laws, according to a news release from the law firm Baltodano & Baltodano. The claims were filed in private arbitration on Oct. 3 because of the confidentiality provisions in the nurses’ contracts with the hospital, said Lauren Read More →
Anchore completes $5 million funding round
Updated at 9:15 a.m. Oct. 5 Santa Barbara startup Anchore completed a $5 million funding round, the company announced Oct. 4. Serial entrepreneur Saïd Ziouani launched the company April 6. It provides a portal for software containers used in IT software app development by software developers and system administration teams. The company was founded with Read More →
Amgen partners with Swedish company to develop drugs
Thousand Oaks-based Amgen will pay a Swedish company up to $410 million to help it develop oncology and neuroscience drugs. The companies announced the partnership Oct. 4 and said Nuevolution will use its Chemetics drug discovery platform to discover drugs for Amgen. Nuevolution may receive licensing payments along with development, commercial and milestone payments. It Read More →
Amgen leukemia drug cures 39 percent of treated patients, study finds
Amgen’s new leukemia drug cured 39 percent of pediatric patients who received treatment, the Thousand Oaks company said Oct. 3 after publishing results of a new study in the Journal of Clinical Oncology. Blincyto, which treats a rare form of the disease known as precursor B-cell acute lymphoblastic leukemia, sent 27 patients out of 70 Read More →
Air Force awards AeroVironment a $22.8 million contract for miniature missile system
The U.S. Air Force awarded AeroVironment a $22.8 million contract for miniature missile systems Oct. 3. First deployed by the USAF in 2011, the AeroVironment Switchblade is a small missile system that can be fit in backpacks and can provide precision strikes using a missile carried in its body. The Switchblade is fired from a Read More →
LTC Properties increases dividend to 19 cents per share
Westlake Village-based LTC Properties increased its monthly dividend on its common stock to 19 cents per share for the fourth quarter, the company announced on Oct. 3. The dividend was a 5.6 percent increase from the 18-cent dividend in the previous quarter. It is payable on Oct. 31, Nov. 30 and Dec. 30 to stockholders Read More →
