FDA gives Amgen priority review for asthma treatment
Thousand Oaks-based Amgen received a priority review for tezepelumab, a treatment for asthma, from the U.S. Food and Drug Administration, the biotech giant announced July 7. According to Amgen, tezepelumab is the first and only biologic to consistently and significantly reduce asthma exacerbations in a broad population of clients in phase 2 and 3 trials. Read More →
Opinion: Poor communication has many financial clients playing darts in the dark
By John Grace Does this sound familiar to you? • 71% of people are worried about the rising costs of healthcare. • 67% worry about rising costs of living. • 66% are afraid market downturns will affect their savings. • Only 1/3 have broached the subject with their advisor. These are the findings of The Read More →
Bank of the Sierra closes two branches
Sierra Bancorp, the parent company of Bank of the Sierra, permanently closed five branches, including two in San Luis Obispo County, in mid-June. The Porterville-based bank’s branches in Atascadero and Arroyo Grande closed on June 18. In its April quarterly financial report, the bank said it planned to close branches that were located “outside of Read More →
Community Bank of Santa Maria continues anniversary charity giveaway
The Community Bank of Santa Maria drew two more winners on July 8 for its $20,000 charity giveaway. The bank, which is celebrating 20 years this year, is drawing the names of two charities every month as part of a pledge to donate $20,000 to local non-profits. The bank’s customers submit the charities that go Read More →
Trade Desk unveils new ad platform it calls ‘biggest release ever’
Shares of The Trade Desk rose by as much as 5% on July 7, as the Ventura-based advertising technology company unveiled its new trading platform, Solimar. The Trade Desk closed at $76.56 on July 6 and traded as high as $81.59 on July 7 before closing at $77.65, up 1.5% from the previous closing date. Read More →
Procore expands into Middle East and North Africa
Procore Technologies, a Carpinteria-based company that provides software to the construction industry, announced an expansion into the Middle East and North Africa on July 6. The effort will be undertaken in partnership with Mubadala Investment Company, a sovereign investor for the government of Abu Dhabi that owns shares in Procore. “The construction sector in the Read More →
Arcutis ends phase 2 trials on potential skin treatment
Shares of Westlake Village-based Arcutis Biotherapeutics dropped by as much as 5% during the trading day July 1, after the biotech company terminated phase 2 trials for a potential treatment. Arcutis, a biotech company focused on creating dermatology treatments, has announced July that it had terminated phase 2a and 2b trials for evaluating ARQ-252, a Read More →
