June 28, 2022
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Dubroff: East Ventura County should focus on creating a biotech cluster

By   /  Friday, March 31st, 2017  /  Columns, East Ventura County, Health Care & Life Science, Latest news, Technology  /  Comments Off on Dubroff: East Ventura County should focus on creating a biotech cluster

Henry Dubroff

When the Business Times broke the story that Amgen was cutting roughly 500 support and operations jobs at its sprawling Thousand Oaks campus, there were gasps — and sighs of relief. Gasps because the world’s largest biotechnology company is the economic engine for the Conejo Valley, East Ventura County and, for that matter, a big Read More →

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500 Amgen employees to be re-assigned, relocated or laid off

By   /  Friday, March 24th, 2017  /  East Ventura County, Health Care & Life Science, Latest news, Tri-County Economy  /  Comments Off on 500 Amgen employees to be re-assigned, relocated or laid off

Nearly 500 Amgen employees in Thousand Oaks have been notified that they will be re-assigned, relocated or laid off as part of a restructuring plan. The biotech giant informed employees on March 22 that they will be reassigned to a new Tampa Bay, Fla. facility and research and development offices in Cambridge, Mass. and South Read More →

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Amgen gets European approval for biosimilar of Humira

By   /  Friday, March 24th, 2017  /  Health Care & Life Science, Latest news  /  Comments Off on Amgen gets European approval for biosimilar of Humira

Thousand Oaks-based Amgen has announced that the European Commission has granted marketing authorization for Amgevita, a drug that treats inflammatory diseases, including moderate-to-severe rheumatoid arthritis. The Amgen biosimilar will compete with AbbVie’s blockbuster drug Humira. “The approval of our first biosimilar by the European Commission is a major milestone not just for Amgen as a company, but for the millions Read More →

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Thousand Oaks getting first mixed-use residential development

By   /  Friday, March 17th, 2017  /  East Ventura County, middle, Real Estate  /  Comments Off on Thousand Oaks getting first mixed-use residential development

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Amgen declares $1.15 per share dividend

By   /  Tuesday, March 7th, 2017  /  Health Care & Life Science, Latest news, Technology  /  Comments Off on Amgen declares $1.15 per share dividend

The board of directors for Thousand Oaks biotechnology company Amgen declared a $1.15 per share dividend March 3 for the second quarter of 2017. The dividend will be paid on June 8 to all stockholders of record as of the close of business on May 17. The company has a market cap of $130.1 billion Read More →

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Study shows Amgen’s Blincyto a better alternative than chemotherapy

By   /  Thursday, March 2nd, 2017  /  Latest news  /  Comments Off on Study shows Amgen’s Blincyto a better alternative than chemotherapy

Amgen’s new leukemia drug Blincyto increases the length of survival among high-risk patients, according to a study released by the New England Journal of Medicine. Results from its Phase 3 Tower study revealed that Blincyto almost doubled median overall survival versus chemotherapy among adult patients with Philadelphia chromosome-negative relapsed or refractory B-cell precursor acute lymphoblastic Read More →

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Genentech sues Amgen over biosimilar drug info

By   /  Monday, February 20th, 2017  /  Health Care & Life Science, Latest news, Technology  /  Comments Off on Genentech sues Amgen over biosimilar drug info

Roch AG subsidiary Genentech filed a lawsuit against Amgen claiming the Thousand Oaks-based company obstructed its investigation of whether the biosimilar Amgen is developing for Genentech’s cancer treatment Avastin violates the company’s patents, according to reports Feb. 20. Sales for Avastin, a treatment for lung, colon, ovarian and other types of cancer, reached $6.8 billion Read More →