FDA approves Amgen cancer treatment biosimilar Mvasi

The U.S. Food and Drug Administration approved a cancer treatment biosimilar developed in partnership between Allergan and Thousand Oaks-based Amgen, the company announced Sept. 13. Mvasi was approved to treat five types of cancer in combination with other therapies. “The approval of Mvasi marks a significant milestone for healthcare practitioners and patients as the first Read More →
New job formation slowing down in California

A long anticipated slowdown in new job formation occurred this year, California Economic Forecast Director Mark Schniepp said at the 2018 Los Angeles County and Ventura County Economic Outlook on Sept. 7 in Westlake Village. Schniepp attributes the slowdown mainly to an unemployment rate of less than 5 percent. He said a fully employed economy Read More →

Food Share of Ventura County forced to layoff 16 workers

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Aerovironment stock climbs on report of higher revenues

Aerovironment stock rose cautiously ahead of its first quarter fiscal 2018 earnings results, and then spiked nearly 10 percent in after-hours trading with the announcement of a 21 percent increase in revenues and lower net losses. Revenues reached $43.8 million for the quarter ended July 29, up from $36.2 million for the first quarter the Read More →
Dole Food Co. laying off 172 berry workers in Oxnard

Dole Food Co. reported that it would lay off 172 workers in Oxnard as part of the permanent closure of its Dole Berry subsidiary’s operations in the region. The Westlake Village-based company may be looking to wind down its Tri-Counties operations entirely. It had 600 employees in the Tri-Counties as of 2016, according to Pacific Read More →

California Museum of Art Thousand Oaks looking to expand

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Amgen partnering with Humana to study diseases

Thousand Oaks biotechnology giant Amgen announced a collaboration agreement with Louisville, Ky.-based Humana on Aug. 17 to study conditions like cardiovascular disease, osteoporosis, neurologic disorders, inflammatory diseases and cancer. The two companies currently have six projects underway focusing on improving health care quality and costs with data from Humana’s 13 million members, including wearable technology, Read More →