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Amgen Tour of California to include Thousand Oaks to Santa Barbara leg

By   /  Thursday, January 28th, 2016  /  East Ventura County, Health Care, Latest news, Tourism, Tri-County Public Companies  /  Comments Off on Amgen Tour of California to include Thousand Oaks to Santa Barbara leg

Organizers of the 12th annual Amgen Tour of California bicycle race announced the full route on Jan. 28. The 2016 race will run 782.7 miles from San Diego to Sacramento from May 15 to May 22. This year will also be just the second time out of 11 previous races that the route runs south Read More →

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Amgen revenues up 8 percent in 2015

By   /  Thursday, January 28th, 2016  /  Earnings, East Ventura County, Health Care, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen revenues up 8 percent in 2015

Despite increased competition from biosimilars and blockbuster mergers by its rivals, Amgen revenues rose 8 percent to $21.67 billion in 2015 from $20.06 billion in 2014. Thousand Oaks-based biotech giant Amgen released its fourth-quarter earnings after markets closed on Jan. 28. Quarterly revenues were also up 4 percent to $5.54 billion in 2015 from $5.33 Read More →

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Amgen drug Kyprolis gets another FDA approval

By   /  Thursday, January 21st, 2016  /  East Ventura County, Health Care, Latest news  /  Comments Off on Amgen drug Kyprolis gets another FDA approval

Amgen scored another victory for its breakthrough multiple myeloma drug on Jan. 21. The Thousand Oaks-based biotech giant hit it big when the Food and Drug Administration approved revolutionary multiple myeloma drug Kyprolis for treatments with Kyprolis in combination with another drug. The FDA also approved Kyprolis to treat patients on its own for those Read More →

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Technology cuts office cord in Simi Valley

By   /  Friday, January 15th, 2016  /  East Ventura County, Latest news, Real Estate  /  Comments Off on Technology cuts office cord in Simi Valley

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Amgen suffers setback as patent office refuses to review competitor’s drug

By   /  Thursday, January 14th, 2016  /  East Ventura County, Health Care, Latest news  /  Comments Off on Amgen suffers setback as patent office refuses to review competitor’s drug

The U.S. Patent and Trademark Office handed Amgen a potential setback Jan. 14 when it declined to review two patent expiration dates on a competitor’s drug. In June, Thousand Oaks-based biotech giant Amgen asked the agency to review two formulation patents for Humira, made by Chicago-based competitor AbbVie, arguing that the patents should not have Read More →

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Tri-Counties has new appeal for biotech startups

By   /  Friday, January 8th, 2016  /  East Ventura County, Health Care, Latest news  /  Comments Off on Tri-Counties has new appeal for biotech startups

This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.

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Settlement ends Amgen drug kickback saga

By   /  Thursday, January 7th, 2016  /  East Ventura County, Health Care, Latest news, Tri-County Public Companies  /  Comments Off on Settlement ends Amgen drug kickback saga

A drug kickback program is finally behind Amgen, the Thousand Oaks-based pharmaceutical giant. Louisville, K.Y.-based PharMerica was the last of three companies to settle lawsuits relating to Amgen allegedly paying kickbacks to PharMerica and another company to prescribe patients the anemia drug Aranesp. PharMerica settled the suit for $2.5 million in December, Louisville Business First Read More →

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