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Amgen settles with AbbVie over Humira biosimilar

By   /  Thursday, September 28th, 2017  /  East Ventura County, Health Care, Latest news, Technology  /  Comments Off on Amgen settles with AbbVie over Humira biosimilar

Thousand Oaks biopharmaceutical giant Amgen announced Sept. 28 that it had reached a settlement with Chicago-based competitor AbbVie, which had sued to block Amgen’s Humira biosimilar Amjevita. The rheumatoid arthritis and inflammation treatment received U.S. Food and Drug Administration approval in September of 2016, but sales were blocked when AbbVie filed a patent infringement claim Read More →

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Amgen agrees to develop biosimilars for Chinese market

By   /  Tuesday, September 26th, 2017  /  East Ventura County, Health Care, Latest news, Technology  /  Comments Off on Amgen agrees to develop biosimilars for Chinese market

Increasing its global footprint in the biosimilars market, Amgen announced Sept. 26 that it had formed an exclusive co-development agreement with Chinese drug manufacturer Simcere Pharmaceutical Group. The agreement aims to bring four oncology and inflammation biosimilars in Amgen’s portfolio to commercialization in China. The Thousand Oaks-based biotechnology company will produce and submit approval applications Read More →

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Amgen reaffirms earnings outlook after hurricane hits Puerto Rico

By   /  Monday, September 25th, 2017  /  Health Care, Latest news, Technology  /  Comments Off on Amgen reaffirms earnings outlook after hurricane hits Puerto Rico

After reviewing the impacts to its Puerto Rico manufacturing facility from Hurricane Maria, Thousand Oaks biotech giant Amgen reaffirmed its earnings outlook Sept. 25 and said that outreach to impacted staff was ongoing. The storm did not damage any product or in-process inventory at the plant, and the company said it did not expect any Read More →

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Simi Valley unveils solar array to power municipal facilities

By   /  Monday, September 25th, 2017  /  Energy, Latest news, Technology  /  Comments Off on Simi Valley unveils solar array to power municipal facilities

The Simi Valley Police Department unveiled a new rooftop solar array and solar canopy parking structures that are expected to net it $15.5 million in savings over the next 20 years. The project will provide renewable energy to a third of the city of Simi Valley’s municipal facilities, the city announced after a ribbon cutting Read More →

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Cal Poly SLO gets $500,000 grant to fund startup development

By   /  Monday, September 25th, 2017  /  Central Coast, Education, Energy, Latest news, Technology  /  Comments Off on Cal Poly SLO gets $500,000 grant to fund startup development

The Cal Poly San Luis Obispo Center for Innovation and Entrepreneurship received $500,000 to fund startup development in the county as part of an effort to mitigate job losses from the proposed closure of the Diablo Canyon nuclear power plant. U.S. Rep. Salud Carbajal, D-Santa Barbara, announced on Sept. 18 that the Department of Commerce’s Read More →

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Tri-county biotech companies targeting quality of life

By   /  Friday, September 22nd, 2017  /  Education, Health Care, Latest news, Technology  /  Comments Off on Tri-county biotech companies targeting quality of life

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Ridley-Tree Cancer Center opens with state-of-the-art technology

By   /  Friday, September 22nd, 2017  /  Health Care, Latest news, Technology  /  Comments Off on Ridley-Tree Cancer Center opens with state-of-the-art technology

This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.

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