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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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Amgen shares drop as Novartis launches cheaper drug

By   /  Thursday, September 3rd, 2015  /  East Ventura County, Health Care, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen shares drop as Novartis launches cheaper drug

Amgen, the giant biotech company based in Thousand Oaks, saw its shares drop 2 percent to $149.23 on Sept. 3 after its rival Novartis launched a drug similar to Amgen’s that costs 15 percent less. Novartis’ Zarxio and Amgen’s Neupogen both help chemotherapy patients battle infections by increasing the production of white blood cells. The Read More →

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Westlake Village-based Kythera Biopharmaceuticals reports second quarter loss

By   /  Monday, August 10th, 2015  /  Earnings, Health Care, Latest news, Tri-County Public Companies  /  Comments Off on Westlake Village-based Kythera Biopharmaceuticals reports second quarter loss

Westlake Village-based Kythera Biopharmaceuticals missed analyst estimates when it released second quarter earnings on Aug. 6. Kythera lost $1.44 per share, missing analyst estimates of a loss of $1.10 per share. For the quarter, Kythera lost $37.2 million, compared to $19.5 million during the second quarter of 2014. On June 17, Allergan announced that it Read More →

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Dubroff: Washington dysfunction over taxes could cost jobs in Tri-Counties

By   /  Friday, August 7th, 2015  /  Columns, Health Care, Tri-County Economy  /  Comments Off on Dubroff: Washington dysfunction over taxes could cost jobs in Tri-Counties

This is a column about how dysfunction in Washington is handing billions over to Wall Street while threatening thousands of jobs on the Central Coast. Just a year ago, Allergan shut its Goleta breast implant operation after it came under siege from corporate raiders, Activis, a New Jersey-based company that used an acquisition in Ireland Read More →

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Shire makes $30 billion bid for Thousands Oaks’ Baxalta

By   /  Tuesday, August 4th, 2015  /  Health Care, Latest news, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Shire makes $30 billion bid for Thousands Oaks’ Baxalta

One of the biggest employers in Ventura County faces an ownership change less than one month after it was spun off from its Chicago-area parent. Shire Plc, a pharma company based in Dublin, Ireland, stunned the markets on Aug. 4 with a $30 billion bid for Baxalta. Baxalta, which employs around 2,000 at two locations Read More →

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Economic development should be part of Ventura County’s general plan

By   /  Friday, July 31st, 2015  /  Editorials, Health Care, Opinion  /  Comments Off on Economic development should be part of Ventura County’s general plan

Ventura County is embarking on an important step forward as it weighs the latest update to its general plan. That step would be to include an economic development element to the general plan in the next approval cycle. A letter to county officials from the Economic Development Collaborative of Ventura County recommends the county include Read More →

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Help Unlimited celebrates 40 years of pairing caregivers with patients

By   /  Friday, July 31st, 2015  /  Health Care, Small Business  /  Comments Off on Help Unlimited celebrates 40 years of pairing caregivers with patients

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