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Museum of Ventura County replaces board with 11 new members

By   /  Thursday, September 28th, 2017  /  East Ventura County, Latest news, Nonprofits, West Ventura County  /  Comments Off on Museum of Ventura County replaces board with 11 new members

Updated at 10:20 a.m. Sept. 29: The Museum of Ventura County has replaced its board of directors and elected 11 new board members, it announced in a news release Sept. 28. The museum has faced financial woes and possible closure in the past few years. It streamlined its budget to $1.1 million as of May Read More →

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Amgen settles with AbbVie over Humira biosimilar

By   /  Thursday, September 28th, 2017  /  East Ventura County, Health Care & Life Science, Latest news, Technology  /  Comments Off on Amgen settles with AbbVie over Humira biosimilar

Thousand Oaks biopharmaceutical giant Amgen announced Sept. 28 that it had reached a settlement with Chicago-based competitor AbbVie, which had sued to block Amgen’s Humira biosimilar Amjevita. The rheumatoid arthritis and inflammation treatment received U.S. Food and Drug Administration approval in September of 2016, but sales were blocked when AbbVie filed a patent infringement claim Read More →

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Amgen agrees to develop biosimilars for Chinese market

By   /  Tuesday, September 26th, 2017  /  East Ventura County, Health Care & Life Science, Latest news, Technology  /  Comments Off on Amgen agrees to develop biosimilars for Chinese market

Increasing its global footprint in the biosimilars market, Amgen announced Sept. 26 that it had formed an exclusive co-development agreement with Chinese drug manufacturer Simcere Pharmaceutical Group. The agreement aims to bring four oncology and inflammation biosimilars in Amgen’s portfolio to commercialization in China. The Thousand Oaks-based biotechnology company will produce and submit approval applications Read More →

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Fess Parker to be renamed Hilton Santa Barbara Beachfront Resort

By   /  Tuesday, September 26th, 2017  /  Latest news, South Coast, Tourism  /  Comments Off on Fess Parker to be renamed Hilton Santa Barbara Beachfront Resort

The Fess Parker — A Doubletree by Hilton Resort will be renamed the Hilton Santa Barbara Beachfront Resort after a two-part renovation beginning in October. The first phase of renovations will update guest rooms, the lobby, the Roundhouse Restaurant and Java Del Mar, and the second phase will include meeting spaces such as the site’s Read More →

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Ojai Community Bank sale to close Sept. 29

By   /  Tuesday, September 26th, 2017  /  Banking & Finance, Banking Industry, Central Coast, Latest news  /  Comments Off on Ojai Community Bank sale to close Sept. 29

The Bank of the Sierra took the final step toward closing its acquisition of the parent company of Ojai Community Bank on Sept. 22, with the announcement that OCB Bancorp shareholders had voted to approve the deal. The announcement was made a day after the OCB Bancorp shareholder vote. Ojai Community Bank will close on Read More →

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Amgen reaffirms earnings outlook after hurricane hits Puerto Rico

By   /  Monday, September 25th, 2017  /  Health Care & Life Science, Latest news, Technology  /  Comments Off on Amgen reaffirms earnings outlook after hurricane hits Puerto Rico

After reviewing the impacts to its Puerto Rico manufacturing facility from Hurricane Maria, Thousand Oaks biotech giant Amgen reaffirmed its earnings outlook Sept. 25 and said that outreach to impacted staff was ongoing. The storm did not damage any product or in-process inventory at the plant, and the company said it did not expect any Read More →

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Simi Valley unveils solar array to power municipal facilities

By   /  Monday, September 25th, 2017  /  Energy, Latest news, Technology  /  Comments Off on Simi Valley unveils solar array to power municipal facilities

The Simi Valley Police Department unveiled a new rooftop solar array and solar canopy parking structures that are expected to net it $15.5 million in savings over the next 20 years. The project will provide renewable energy to a third of the city of Simi Valley’s municipal facilities, the city announced after a ribbon cutting Read More →