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Amgen to buy biotech startup TeneoBio

By   /  Tuesday, July 27th, 2021  /  Banking & Finance, Biotech, East Ventura County, Latest news, left, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Amgen to buy biotech startup TeneoBio

Amgen announced July 27 that it plans to buy a privately held Bay Area biotech company called TeneoBio in an all-cash deal worth as much as $2.5 billion. The deal is expected to close in the second half of this year and calls for Amgen to pay $900 million up front for all outstanding shares Read More →

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Westlake Village office sale tops $80M

By   /  Tuesday, July 27th, 2021  /  East Ventura County, Latest news, middle, Real Estate, Top Stories, Tri-County Economy  /  Comments Off on Westlake Village office sale tops $80M

Westlake Park Place I, a five-building office campus in Westlake Village, sold recently for $80.8 million — the highest sale price for an office building in Ventura County in 2021. The buyer was a partnership between Amstar and Searles Property Group, and the seller was Invesco Real Estate. Westlake Park Place I started construction in Read More →

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Umbra launches out of stealth mode

By   /  Friday, July 23rd, 2021  /  Latest news, right, South Coast, Startups, Subscriber content, Technology, Top Stories, Tri-County Economy  /  Comments Off on Umbra launches out of stealth mode

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VCTC executive director to leave for top Metrolink post

By   /  Friday, July 23rd, 2021  /  East Ventura County, Latest news, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on VCTC executive director to leave for top Metrolink post

Darren Kettle, the executive director of the Ventura County Transportation Commission, is the next CEO of Metrolink, Southern California’s regional passenger railroad agency. The Metrolink Board of Directors named Kettle CEO in a vote on July 23. Metrolink serves six counties in Southern California, including Ventura County, with a focus on commuter rail service. Kettle Read More →

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Mujeres Market makes its mark with pop-ups in Santa Barbara

By   /  Friday, July 23rd, 2021  /  Latest news, Small Business, South Coast, Subscriber content, Top Stories, Top Story, Tri-County Economy  /  Comments Off on Mujeres Market makes its mark with pop-ups in Santa Barbara

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Deal for new Santa Paula Hospital land ‘a long time in the making’

By   /  Friday, July 23rd, 2021  /  Agribusiness, Banking & Finance, Central Coast Health Watch, Latest news, middle, Real Estate, Subscriber content, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Deal for new Santa Paula Hospital land ‘a long time in the making’

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Takeda expansion is latest coup for Conejo Valley pharma industry

By   /  Thursday, July 22nd, 2021  /  Biotech, East Ventura County, Latest news, left, Technology, Top Stories, Tri-County Economy  /  Comments Off on Takeda expansion is latest coup for Conejo Valley pharma industry

Takeda Pharmaceuticals, a Japanese company with major operations in the Conejo Valley, will expand its facility in Thousand Oaks, investing $126 million to build out the manufacturing operations to support new product lines. The Takeda team, alongside the mayor of Thousand Oaks, Claudia Bill-de la Peña, is scheduled to hold a groundbreaking ceremony for the Read More →

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