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Study shows Amgen’s new biosimilar cancer drug safe, effective

By   /  Wednesday, September 23rd, 2015  /  Latest news, Technology, Top Stories  /  Comments Off on Study shows Amgen’s new biosimilar cancer drug safe, effective

Pharmaceuticals Amgen and Allergan announced positive Phase 3 study results of their new drug ABP 215 on Sept. 23. The drug, used to treat lung cancer, is being developed as a biosimilar to Roche Holding AG’s Avastin. ABP 215 showed clinical safety and effectiveness compared to Avastin. “Lung cancer is the leading cause of cancer Read More →

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Startups race to find investors at Cal Poly San Luis Obispo Demo Day

By   /  Friday, September 18th, 2015  /  Central Coast, Latest news, Technology, Top Stories  /  Comments Off on Startups race to find investors at Cal Poly San Luis Obispo Demo Day

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Industry titans debate future of digital music

By   /  Wednesday, September 16th, 2015  /  Latest news, South Coast, Technology, Top Stories  /  Comments Off on Industry titans debate future of digital music

Three titans of the music industry had mixed views of the future of digital music and artists’ ability to profit from it during a panel discussion in Santa Barbara Wednesday evening. The MIT Enterprise Forum of the Central Coast featured Tom Conrad, co-founder and retired chief technology officer of Pandora; Marc Geiger, head of the Read More →

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Amgen buys biotech company, partners with another

By   /  Wednesday, September 16th, 2015  /  Health Care & Life Science, Latest news, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen buys biotech company, partners with another

Thousand Oaks-based biopharmaceutical giant Amgen bought a Netherlands-based company and partnered with a Monrovia-based company in an effort to fend off competitors. Amgen announced Sept. 16 that it will buy Dezima, a biotech company focused on developing new treatments for dyslipidemia, a disease where a person has an abnormal amount of lipids in their blood. Read More →

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Hewlett-Packard laying off 25,000 to 30,000 employees

By   /  Tuesday, September 15th, 2015  /  Latest news, Technology, Tri-County Public Companies  /  Comments Off on Hewlett-Packard laying off 25,000 to 30,000 employees

Hewlett-Packard is laying off 25,000 to 30,000 employees globally as part of a restructuring program that will save the company $2.7 billion per year. HP announced the layoffs on Sept. 15 at a meeting of its securities analysts. The cuts represent about 10 percent of HP’s workforce of about 302,000. It wasn’t immediately clear how Read More →

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FLIR expansion fortifies Goleta business park

By   /  Friday, September 11th, 2015  /  Latest news, South Coast, Technology  /  Comments Off on FLIR expansion fortifies Goleta business park

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East Ventura County poised for growth as tech hub

By   /  Friday, September 11th, 2015  /  East Ventura County, Latest news, Technology, Top Stories  /  Comments Off on East Ventura County poised for growth as tech hub

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