Tri-county stocks rebound as market gains
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Tri-county biotech firms tackle COVID-19 pandemic
Life sciences companies in the Tri-Counties are stepping up with treatments for COVID-19, led by leaders in inhalable drug technologies. Westlake Village-based MannKind said it expects $4.9 million in forgivable loan relief as part of the CARES Act, passed in March, as it explores four potential anti-infective and antiviral therapies. Separately, aerosolized drug delivery company Read More →
Market gains but most tri-county stocks fall
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MannKind getting $5M loan to avoid layoffs and tackle COVID-19
Westlake Village-based MannKind said it expects $4.9 million in federal forgivable loan relief, among other financial measures that will help it avoid furloughs and layoffs as it pursues potential therapies for the COVID-19 pandemic. The company is currently exploring four potential anti-infective and antiviral therapies, said CEO Michael Castagna. “These are high risk areas and Read More →
Teledyne, Interlink making tech to fight COVID-19
Tri-county firms Teledyne and Interlink Electronics joined the list of regional suppliers of technology to respond to the COVID-19 epidemic. Teledyne DALSA, a subsidiary of Thousand Oaks-based Teledyne’s imaging division, released a new line of long wave infrared cameras to provide contact-free skin temperature and fever detection. “Its small form factor and architecture allows integrators Read More →
CLU economists say short lockdown key to small business survival
A new report from the Center for Economic Research & Forecasting at California Lutheran University underscores the ferocity of the debate around re-opening the economy. CERF forecasters Matthew Fienup and Dan Hamilton now project a stunning, nearly 20 percent drop in GDP and Great Depression levels of job losses, followed by a long, slow U-shaped Read More →
Good Works: Tri-county nonprofits get grants for COVID-19 response
The Ventura County Community Foundation, in coordination with Ventura County, Amgen Foundation, Aera Energy, Southeast Ventura County YMCA, Give An Hour, and the Economic Development Collaborative, launched the Ventura County Rapid Response Fund on March 13. The next day, the 805 UndocuFund COVID-19 Fund was activated with partners, including Future Leaders of America, CAUSE, Mixteco/Indigena Read More →
