Amgen’s investment confirms Conejo Valley as major biotech hub
Biotech giant Amgen’s planned $600 million science and innovation center at its Thousand Oaks headquarters will further solidify the Highway 101 Biotech Corridor as a major life sciences hub both state-wide and nationally, experts say. “This announcement validates what we’ve long known,” Bruce Stenslie, president and CEO of the Economic Development Collaborative, a business consulting Read More →
Dubroff: An innovation culture powered by Amgen’s big deal
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Amgen to invest $600M in new science and innovation center
Biotech giant Amgen on Sept. 2 announced plans to invest more than $600 million in a new, state-of-the-art center for science and innovation at its global headquarters in Thousand Oaks. The center is designed to bring together researchers, engineers, and scientists across disciplines to enhance collaboration and accelerate the discovery of next-generation therapeutics for patients with the most Read More →
Freedom Designs to shut down Simi location, lay off 70 employees
Freedom Designs, a medical supply store with a location in Simi Valley, will be shuttering its doors by June 1, 2026. In a filing with the state’s Worker Adjustment and Retraining Notification, Freedom Designs said it will be closing its operation at 2241 Madera Rd. on or around June 2026 and laying off 70 employees Read More →
MannKind expands pipeline with $350M acquisition
Westlake Village-based MannKind Corporation is expanding its pipeline by acquiring scPharmaceuticals, a Massachusetts-based biotech company that specializes in cardiorenal medicine, for $360 million, or $5.35 per share. Announced before the markets opened Aug. 25, MannKind shares ticked up about 1% in pre-market trading. Shares ultimately settled at $3.90 on Aug. 25, about 3.1% down. Shares Read More →
Atara shares up behind slew of good news, earnings
Shares of Thousand Oaks-based Atara were seemingly in free-fall mode for much of the year, but over the past month, the company has racked up the wins and analysts and investors are taking note. Most recently, Atara, a biotechnology company with two facilities in Thousand Oaks, announced its earnings results for the second quarter of Read More →
Velocity Financial announces dual listing on new Texas stock exchange
Westlake Village-based Velocity Financial, a leader in investor real estate loans, announced Aug. 13 that it will be one of the founding members of the new electronic equities exchange, NYSE Texas. Its common stock will be dual listed on the new exchange, headquartered in Dallas. Velocity will maintain its primary listing on the New York Read More →
