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Gene technology raises ethical questions

By   /  Friday, March 10th, 2017  /  Health Care, Latest news, Op/Eds, Opinion  /  Comments Off on Gene technology raises ethical questions

By Frank Kalman A relatively obscure talk about genes was given at UC Santa Barbara recently by Dr. Siddhartha Mukherjee, a researcher and clinical oncologist at Columbia University and author of a Pulitzer Prize winning book, the “Emperor of all Maladies: A Biography of Cancer.” It was, however, on par in terms of gravity with Read More →

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Amgen declares $1.15 per share dividend

By   /  Tuesday, March 7th, 2017  /  Health Care, Latest news, Technology  /  Comments Off on Amgen declares $1.15 per share dividend

The board of directors for Thousand Oaks biotechnology company Amgen declared a $1.15 per share dividend March 3 for the second quarter of 2017. The dividend will be paid on June 8 to all stockholders of record as of the close of business on May 17. The company has a market cap of $130.1 billion Read More →

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Inogen reports huge increase in net income

By   /  Tuesday, February 28th, 2017  /  Earnings, Health Care, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Inogen reports huge increase in net income

Inogen, a maker of portable oxygen concentrators based in Goleta, announced a 77 percent increase in net income Feb. 28 on fourth quarter revenues of $50.9 million. Sales revenues grew 47.2 percent over the same quarter in 2015, to $42.6 million. Net income for the quarter was $5.3 million, bringing the company up to $20.5 Read More →

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Genentech sues Amgen over biosimilar drug info

By   /  Monday, February 20th, 2017  /  Health Care, Latest news, Technology  /  Comments Off on Genentech sues Amgen over biosimilar drug info

Roch AG subsidiary Genentech filed a lawsuit against Amgen claiming the Thousand Oaks-based company obstructed its investigation of whether the biosimilar Amgen is developing for Genentech’s cancer treatment Avastin violates the company’s patents, according to reports Feb. 20. Sales for Avastin, a treatment for lung, colon, ovarian and other types of cancer, reached $6.8 billion Read More →

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Amgen applies for FDA approval of Blincyto

By   /  Tuesday, February 14th, 2017  /  Health Care, Latest news, Technology  /  Comments Off on Amgen applies for FDA approval of Blincyto

Thousand Oaks-based Amgen submitted an application for Blincyto to the U.S. Food and Drug Administration, the company announced on Feb. 14. Amgen aims to gain approval for Blincyto to treat Philadelphia chromosome-positive relapsed or refractory B-cell precursor acute lymphoblastic leukemia. The drug was previously granted breakthrough therapy designation and accelerated approval in December 2014. “Acute Read More →

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Drug sales for biotech giant Amgen boost bottom line

By   /  Friday, February 10th, 2017  /  Earnings, Health Care, left, Technology, Tri-County Public Companies  /  Comments Off on Drug sales for biotech giant Amgen boost bottom line

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Atara Biotherapeutics moving research division to Thousand Oaks

By   /  Wednesday, February 8th, 2017  /  Health Care, Latest news, Technology  /  Comments Off on Atara Biotherapeutics moving research division to Thousand Oaks

Atara Biotherapeutics will move its research and development division from Westlake Village to Thousand Oaks, the company said in a news release. The company plans to occupy 91,000 square feet at the yet-to-be-constructed Conejo Spectrum Business Park off of Lawrence Drive and Conejo Spectrum Street. The Sares-Regis Group bought 29 acres of land at the Read More →

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