Menu
PacPremier
Magic Hour
Montecito
SoCal Gas
Loading...
You are here:  Home  >  'biotechnology'
Latest

MannKind reports higher revenue, lower losses in Q3

By   /  Wednesday, November 10th, 2021  /  Banking & Finance, Biotech, Earnings, East Ventura County, Latest news, right, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on MannKind reports higher revenue, lower losses in Q3

MannKind Corp. reported a substantial rise in revenue and a shrinking net loss in the third quarter of 2021 on Nov. 9, despite news since the quarter ended that the U.S. Food and Drug Administration will not yet approve a hypertension treatment the company is developing with United Therapeutics. MannKind, a Westlake Village-based biotechnology company Read More →

Read More →
Latest

Amgen reports revenue growth in Q3 but lowers full-year guidance

By   /  Tuesday, November 2nd, 2021  /  Banking & Finance, Biotech, Earnings, East Ventura County, Latest news, middle, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Amgen reports revenue growth in Q3 but lowers full-year guidance

Sales increases across Amgen’s drug lineup drove increases in revenue and non-GAAP earnings at the Thousand Oaks biotech company during the third quarter, according to its Nov. 2 earnings release, but pandemic issues persist, and the company lowered its revenue guidance for the year. Amgen, one of the largest biotech companies in the world, reported Read More →

Read More →
Latest

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 →

Read More →
Latest

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 →

Read More →
Latest

Biotech’s movers and shakers gather for BioMedley

By   /  Thursday, June 17th, 2021  /  Biotech, Central Coast Health Watch, East Ventura County, Latest news, Subscriber content, Top Stories, Tri-County Economy  /  Comments Off on Biotech’s movers and shakers gather for BioMedley

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.

Read More →
Latest

Thousand Oaks biotech firm closes $140M funding round

By   /  Thursday, April 29th, 2021  /  Biotech, East Ventura County, Latest news, Startups, Technology, Tri-County Economy  /  Comments Off on Thousand Oaks biotech firm closes $140M funding round

Capsida Biotherapeutics, a biotechnology startup based in Thousand Oaks, announced April 29 that it is emerging from “stealth mode” with a $140 million funding round led by Westlake Village BioPartners and Versant Ventures. The Series A round includes $50 million from Westlake Village BioPartners, a venture capital firm in Thousand Oaks focused on biotech startups Read More →

Read More →
Latest

Amgen to buy cancer treatment biotech firm for $1.9B

By   /  Thursday, March 4th, 2021  /  Banking & Finance, Biotech, East Ventura County, Latest news, middle, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Amgen to buy cancer treatment biotech firm for $1.9B

Thousand Oaks-based Amgen, one of the biggest biotech companies in the world, will get bigger with the $1.9 billion acquisition of Five Prime Therapeutics, a clinical-stage biotech company developing stomach cancer therapies. Amgen announced the acquisition March 4 and the deal is expected to close by the end of the second quarter of 2021. Under Read More →

Read More →