November 27, 2022
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Sientra closes sale of miraDry at $10M loss

By   /  Monday, June 14th, 2021  /  Banking & Finance, Health Care & Life Science, Latest news, South Coast, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Sientra closes sale of miraDry at $10M loss

Sientra, a Goleta-based plastic surgery device company specializing in breast implants, announced June 11 that it had closed the sale of miraDry, a non-surgical dermatological treatment. The $10 million sale brought half of what Sientra paid for the business four years ago. The miraDry system is an FDA-approved treatment to reduce underarm sweat, hair and Read More →

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Amgen’s new drug could be a blockbuster

By   /  Friday, June 4th, 2021  /  Banking & Finance, East Ventura County, Health Care & Life Science, Latest news, right, Subscriber content, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Amgen’s new drug could be a blockbuster

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Our View: We’ll all be winners if a lottery ups vaccine rates

By   /  Friday, June 4th, 2021  /  Editorials, Health Care & Life Science, Latest news, Opinion, Subscriber content  /  Comments Off on Our View: We’ll all be winners if a lottery ups vaccine rates

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Amgen reaches billion-dollar licensing deal with Japanese firm

By   /  Wednesday, June 2nd, 2021  /  Banking & Finance, East Ventura County, Health Care & Life Science, Latest news, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Amgen reaches billion-dollar licensing deal with Japanese firm

Amgen announced an agreement June 1 with Kyowa Kirin, a Japanese pharmaceutical company, to jointly develop and commercialize a human monoclonal antibody that Kyowa Kirin is developing to treat atopic dermatitis and other autoimmune diseases. The deal could be worth $1.25 billion or more. Amgen will led the development, manufacturing and commercialization for the treatment, Read More →

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Amgen gets FDA approval for potential billion-dollar drug

By   /  Friday, May 28th, 2021  /  Banking & Finance, East Ventura County, Health Care & Life Science, Latest news, right, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Amgen gets FDA approval for potential billion-dollar drug

Thousand Oaks-based Amgen won approval from the U.S. Food and Drug Administration on May 28 for its latest oral drug treatment, Lumakras, potentially adding another huge market for one of the largest biotech firms in the world. According to the Wall Street Journal, Amgen will charge $17,900 a month for the drug and analyst think Read More →

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Public health meets private sector with Charity Dean’s new venture

By   /  Friday, May 28th, 2021  /  Health Care & Life Science, Latest news, South Coast, Startups, Technology, Top Stories, Top Story, Tri-County Economy  /  Comments Off on Public health meets private sector with Charity Dean’s new venture

Months into the COVID-19 pandemic, Dr. Charity Dean realized a harsh reality. She was then assistant director of the California Department of Public Health, and she knew the state and nation were literally in a do-or-die situation. “As a local health officer, I learned painfully that no one is coming to save me,” Dean, who Read More →

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Cure reports net loss, rising revenue in Q1

By   /  Tuesday, May 18th, 2021  /  Banking & Finance, Earnings, Health Care & Life Science, Latest news, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Cure reports net loss, rising revenue in Q1

Oxnard-based Cure Pharmaceutical saw another spike in revenue in the first quarter of 2021, but net losses also continued to grow. Cure had $1.5 million in revenue in the quarter ended March 31, up 400% from the first quarter of 2020, according to the company’s earnings report, released May 17. The bulk of that growth Read More →