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Amgen beats Street on earnings, stock fluctuates

By   /  Tuesday, January 27th, 2015  /  Earnings, Latest news, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen beats Street on earnings, stock fluctuates

Amgen shares were down slightly in after-market trading on Jan. 27 after the company reported earnings and sales that beat analyst expectations.

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Ventura County firms collect $2.7M in tax credits, set to create 500 jobs

By   /  Tuesday, January 20th, 2015  /  Latest news, Top Stories, Tri-County Economy  /  Comments Off on Ventura County firms collect $2.7M in tax credits, set to create 500 jobs

Two Ventura County companies are receiving $2.7 million in tax credits that could create more than 500 potential new jobs coming to the county.

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Amgen’s moves could signal a post-Thousand Oaks future

By   /  Friday, January 16th, 2015  /  East Ventura County, Latest news, Technology, Top Stories  /  Comments Off on Amgen’s moves could signal a post-Thousand Oaks future

On the back of its strong financial performance in 2014, Amgen, the Tri-Counties’ largest private employer, is set to begin shifting research operations away from its Thousand Oaks headquarters.

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Cost cutting, new drugs boost Amgen shares

By   /  Monday, October 27th, 2014  /  Earnings, East Ventura County, Latest news, Tri-County Public Companies  /  Comments Off on Cost cutting, new drugs boost Amgen shares

[wikichart align=”right” ticker=”NASDAQ:AMGN” showannotations=”true” livequote=”true” startdate=”27-04-2014″ enddate=”27-10-2014″ width=”300″ height=”245″] Cost cutting moves and new drugs are starting to pay off for Amgen Inc., as the biotech giant raised earnings guidance after a stronger-than-expected third quarter. The company said Oct. 27 that strong demand for its white blood cell booster, Neulasta, and increased sales of newer Read More →

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Editorial: Ebola eradication effort turns to region’s experts

By   /  Friday, October 24th, 2014  /  Editorials, Opinion  /  Comments Off on Editorial: Ebola eradication effort turns to region’s experts

In the case of Direct Relief and Amgen, their efforts to bring the Ebola outbreak under control may be more than noteworthy. They may help make history.

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Influx of young professionals could drive Ventura County housing market

By   /  Friday, September 19th, 2014  /  East Ventura County, Real Estate, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Influx of young professionals could drive Ventura County housing market

Despite a record drought, short-sighted policy making and a slow-to-start generation of self-established young workers, the outlook for Ventura County is bright. “It should be another year of expansion — you pretty much count on that — and no recession in sight, at least not yet,” said Mark Schniepp, director of the California Economic Forecast. Read More →

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Atara Biotherapeutics angles for $92M, but jobs are scarce

By   /  Friday, August 29th, 2014  /  East Ventura County, Health Care & Life Science, Technology, Top Stories, Tri-County Economy  /  Comments Off on Atara Biotherapeutics angles for $92M, but jobs are scarce

Atara is among a new breed of “virtual” biotech startups. Such firms operate with barebones staff and outsource research and manufacturing operations to contract organizations. They are becoming increasingly common as investors seek to mitigate the huge risks of bringing drugs to market, a process that can cost as much as $1.8 billion, according to industry estimates.