Amgen to invest $600M in new science and innovation center
Biotech giant Amgen on Sept. 2 announced plans to invest more than $600 million in a new, state-of-the-art center for science and innovation at its global headquarters in Thousand Oaks. The center is designed to bring together researchers, engineers, and scientists across disciplines to enhance collaboration and accelerate the discovery of next-generation therapeutics for patients with the most Read More →
Teledyne acquires TransponderTech from Saab
Thousand Oaks-based Teledyne Technologies, the technology and defense conglomerate, announced Aug. 28 that it has entered into an agreement to acquire the TransponderTech business from Saab AB. The acquisition includes a portfolio of connected commercial maritime products, including Automatic Identification System, VHF Data Exchange System, and Global Navigation Satellite System technologies. Based in Sweden, TransponderTech Read More →
MannKind diversifies pipeline with $360M buy
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MannKind expands pipeline with $350M acquisition
Westlake Village-based MannKind Corporation is expanding its pipeline by acquiring scPharmaceuticals, a Massachusetts-based biotech company that specializes in cardiorenal medicine, for $360 million, or $5.35 per share. Announced before the markets opened Aug. 25, MannKind shares ticked up about 1% in pre-market trading. Shares ultimately settled at $3.90 on Aug. 25, about 3.1% down. Shares Read More →
Atara shares up behind slew of good news, earnings
Shares of Thousand Oaks-based Atara were seemingly in free-fall mode for much of the year, but over the past month, the company has racked up the wins and analysts and investors are taking note. Most recently, Atara, a biotechnology company with two facilities in Thousand Oaks, announced its earnings results for the second quarter of Read More →
Sonos shares tick up behind optimism
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Healthcare providers sue Amgen for alleged trade restraint
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