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Latest

Amgen asks FDA to approve biosimilar drug

By   /  Wednesday, November 25th, 2015  /  Health Care, Latest news, Top Stories  /  Comments Off on Amgen asks FDA to approve biosimilar drug

Amgen submitted an application to the Food and Drug Administration for approval of its biosimilar drug ABP 501 on Nov. 25. ABP 501 is designed as a lower-cost version of Humira, which is approved to treat nine conditions including arthritis, skin disorders and colon inflammation. Humira, made by Chicago-based AbbVie, typically costs $20,000 per year Read More →

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Sientra collapse doomed execs

By   /  Friday, November 20th, 2015  /  Health Care, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Sientra collapse doomed execs

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Dignity Health investment in Central Coast paying off

By   /  Friday, November 20th, 2015  /  Columns, Health Care, Latest news  /  Comments Off on Dignity Health investment in Central Coast paying off

During the past five years, Dignity Health has made methodical moves to bolster the healthcare system in North Santa Barbara and San Luis Obispo counties. That strategy has paid off in improved patient care and better facilities. Now health care is emerging as an industry that attracts talent and capital. It’s an industry that has Read More →

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Corporate social responsibility on hold when it comes to outrageous drug prices

By   /  Thursday, November 19th, 2015  /  Health Care, Op/Eds  /  Comments Off on Corporate social responsibility on hold when it comes to outrageous drug prices

Imagine you just went to your local pharmacy and were told that the cost of a life-saving drug was $22,500 for 30 tablets to treat AIDS or another infectious disease. Well, if you need the drug Daraprim, that is what you would have to pay. Turing Pharmaceuticals purchased the right to Darprim this past August Read More →

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Latest

European regulators approve Amgen cancer drug Kyprolis

By   /  Thursday, November 19th, 2015  /  Health Care, Latest news, Technology  /  Comments Off on European regulators approve Amgen cancer drug Kyprolis

Thousand Oaks-based Amgen scored another major victory Nov. 19. European regulators approved experimental drug Kyprolis on Thursday for patients who have received at least one prior treatment for multiple-myeloma. Kyprolis was the cornerstone of Amgen’s $10.4 billion buyout of Onyx Pharmaceuticals in 2013. Multiple-myeloma is a form of blood cancer that forms in plasma cells Read More →

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French Hospital Medical Center unveils educational facility

By   /  Tuesday, November 17th, 2015  /  Central Coast, Health Care, Latest news, Top Stories  /  Comments Off on French Hospital Medical Center unveils educational facility

  French Hospital Medical Center has taken the wraps off an 18,000-square-foot health and education facility it hopes will forge closer ties between the hospital and higher education in San Luis Obispo. With about 200 business and community leaders standing by, CEO Alan Iftinik unveiled the Copeland Health Education Pavilion. Iftinik said the building, which Read More →

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Goleta-based Sientra’s third quarter revenues down

By   /  Monday, November 16th, 2015  /  Earnings, Health Care, Latest news, Tri-County Public Companies  /  Comments Off on Goleta-based Sientra’s third quarter revenues down

Sientra Inc. sales were down 6.9 percent in the third quarter of 2015 but the results were largely unaffected by recent pandemonium at the company. The Goleta-based company reported third quarter results on Nov. 16 for the quarter that ended on Sept. 30, just one week after European regulators pulled products made by Sientra’s Brazilian Read More →

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