Amgen revenues up 8 percent in 2015
Despite increased competition from biosimilars and blockbuster mergers by its rivals, Amgen revenues rose 8 percent to $21.67 billion in 2015 from $20.06 billion in 2014. Thousand Oaks-based biotech giant Amgen released its fourth-quarter earnings after markets closed on Jan. 28. Quarterly revenues were also up 4 percent to $5.54 billion in 2015 from $5.33 Read More →
Ventura County ag producers urged to build food-processing facilities
The Economic Development Collaborative of Ventura County is calling for the agriculture community to build food-processing facilities based on findings from a study it commissioned. The report, gathered by the Hatamiya Group and Applied Development Economics, estimated that the total additional revenue from crop processing would create thousands of jobs and double the value of Read More →
VC Credit Union maps expansion
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Switchel, a farmers’ drink from the 1700s, sweeps Central Coast
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Amgen drug Kyprolis gets another FDA approval
Amgen scored another victory for its breakthrough multiple myeloma drug on Jan. 21. The Thousand Oaks-based biotech giant hit it big when the Food and Drug Administration approved revolutionary multiple myeloma drug Kyprolis for treatments with Kyprolis in combination with another drug. The FDA also approved Kyprolis to treat patients on its own for those Read More →
Santa Barbara’s 123Compliance acquired by Sparta Systems
Santa Barbara-based cloud software company 123Compliance was acquired by Hamilton, N.J.-based Sparta Systems on Jan. 20. Founded in 2011, 123Compliance develops software that helps medical companies’ products stay compliant with Food and Drug Administration regulations once research efforts are diverted to the next generation of development. Sparta Systems is a global technology company with customers Read More →
Fox Canyon tests market for water
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