Ventura County leaders discuss housing shortages at conference in Oxnard
In 2021, California lawmakers in Sacramento passed at least 35 measures to address the housing crisis in the state. Local municipalities across California are dealing with a flurry of new housing-related laws and measures that could reshape the state’s housing landscape, and shift the balance of power on housing regulations away from cities and counties Read More →
Region ready to re-open doors to international visitors
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Real Estate: Amazon comes to Moorpark with industrial lease
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Amgen invests $100M in startup pursuing brain treatments
An Amgen-funded biotech company launched Oct. 7, announcing a strategic partnership between the two companies that includes $100 million in funding and global rights to develop and sell some of Amgen’s experimental drugs for neurodegenerative diseases. Thousand Oaks-based Amgen, one of the largest biotech companies in the world, committed $100 million in equity investment to Read More →
Ventura County CEO praises county’s vaccine efforts, business grants
As mass vaccinations have helped California alleviate some of the stress brought on by the COVID-19 pandemic, Ventura County’s leaders took a step back on Sept. 30 and reflected on the past year. Ventura County Executive Officer Mike Powers, who is in his 10th year as the county government’s top executive, delivered the annual State Read More →
Amgen wins patent case
Thousand Oaks-based Amgen had a big win in court on Sept. 20, as a federal court in New Jersey upheld multiple Amgen patents for its psoriasis treatment, Otezla. Amgen filed a patent infringement lawsuit earlier this year against two companies, Sandoz and Zydus Pharmaceuticals, claiming that their generic versions of Otezla infringed upon at least Read More →
U.S. Bank’s $8B deal to buy Union Bank could make it region’s biggest banking company
Editor’s Note: This article was originally posted Sept. 21 and updated Sept. 23 with more reporting about the pending bank merger. Union Bank’s 29-branch network in the Tri-Counties will become part of U.S. Bank in an $8 billion deal that will give Union Bank’s Japanese parent a nearly 3% stake in Minneapolis-based U.S. Bancorp. In Read More →
