Goleta-based Inogen is exploring new avenues of growth in the oxygen concentrator market. Two of the company’s three co-founders — Brenton Taylor, executive vice president of engineering, and Byron Myers, executive vice president of sales and marketing — told members of the Santa Barbara Executive Roundtable on June 8 that Inogen is entertaining expansion ideas Read More →
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 →
By Gerhard Apfelthaler On a recent trip to Iran, I couldn’t help but notice the difference in the public narrative regarding the lifting of the sanctions against Iran. While many people in the United States — at least according to mainstream media — seem to think that they got the short end of the stick, Read More →
“You say you want a revolution Well, you know, we all want to change the world” — John Lennon My verdict on the so-called “Brexit” vote is that in a globalized world dominated by central bankers, it is far more profitable to sing about a revolution than to actually foment one. Less than a week Read More →
Signs of a resurgence in its European market prompted Power-One to project better-than-expected second-quarter profits on May 3 even as it said that first-quarter income dropped 84.1 percent to $4.9 million, or 3 cents per diluted share. Net sales were up 8.3 percent to $225.8 million. The company’s renewable energy division contributed $149 million to Read More →
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Power products company Power-One slashed its third-quarter outlook Oct. 11, causing stocks to sink 3.8 percent in after-hours trading. The Camarillo-based firm cut its outlook for third-quarter sales to the $240 million to $245 million range, down from its previous outlook of $265 million to $280 million. It said power conversion revenue was down about Read More →