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Amgen cancer drug Kyprolis to get expedited review from FDA

By   /  Friday, September 18th, 2015  /  Health Care, Latest news, Tri-County Public Companies  /  Comments Off on Amgen cancer drug Kyprolis to get expedited review from FDA

An experimental multiple myeloma treatment using Amgen’s Kyprolis will get an expedited review from the U.S. Food and Drug Administration. The FDA said it will use an expedited review process to review a multiple-myeloma treatment using Kyprolis and the genric drug dexamethasone. On July 23, Amgen submitted additional data to the FDA which compared this Read More →

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Limoneira, Lewis Group partner to build 1,500 homes in Santa Paula

By   /  Friday, September 18th, 2015  /  Latest news, Real Estate, Top Stories, Tri-County Public Companies, West Ventura County  /  Comments Off on Limoneira, Lewis Group partner to build 1,500 homes in Santa Paula

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Amgen buys biotech company, partners with another

By   /  Wednesday, September 16th, 2015  /  Health Care, Latest news, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen buys biotech company, partners with another

Thousand Oaks-based biopharmaceutical giant Amgen bought a Netherlands-based company and partnered with a Monrovia-based company in an effort to fend off competitors. Amgen announced Sept. 16 that it will buy Dezima, a biotech company focused on developing new treatments for dyslipidemia, a disease where a person has an abnormal amount of lipids in their blood. Read More →

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Goleta-based Sientra to offer 525,000 new shares

By   /  Tuesday, September 15th, 2015  /  Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Goleta-based Sientra to offer 525,000 new shares

Goleta-based breast implant manufacturer Sientra updated documents for its second  public offering on Sept. 14 and it will offer 525,000 new shares. On Sept. 3, Sientra filed documents with the Securities and Exchange Commission for a new public offering. At the time, the documents did not list the amount of shares Sientra planned to offer. Read More →

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Hewlett-Packard laying off 25,000 to 30,000 employees

By   /  Tuesday, September 15th, 2015  /  Latest news, Technology, Tri-County Public Companies  /  Comments Off on Hewlett-Packard laying off 25,000 to 30,000 employees

Hewlett-Packard is laying off 25,000 to 30,000 employees globally as part of a restructuring program that will save the company $2.7 billion per year. HP announced the layoffs on Sept. 15 at a meeting of its securities analysts. The cuts represent about 10 percent of HP’s workforce of about 302,000. It wasn’t immediately clear how Read More →

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Amgen licenses cancer drug to NatPharma

By   /  Monday, September 14th, 2015  /  Latest news, Tri-County Public Companies  /  Comments Off on Amgen licenses cancer drug to NatPharma

Amgen has licensed an experimental cancer drug to a Chicago biotech company founded and controlled by billionaire Patrick Soon-Shiong. NatPharma LLC is licensing the rights to AMG 337 from Thousand Oaks-based Amgen to develop and sell AMG 337. The drug is an experimental, phase-two cancer treatment. The licensing agreement is the second between Amgen and Read More →

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Goleta-based Deckers hits 52-week low for stock price

By   /  Monday, September 14th, 2015  /  Latest news, Tri-County Public Companies  /  Comments Off on Goleta-based Deckers hits 52-week low for stock price

Goleta-based Deckers Brands hit a 52-week low on Sept. 11 when it briefly fell to $59.62 per share. It closed Sept. 14 at $61.10. Shares of Deckers dropped about 33 percent so far this year from $89.74 on Jan. 2 before it closed at $60.65 on Sept. 11. Investment research firm Zacks said weak earnings Read More →

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