Dubroff: Sientra goes for gold by partnering with Lubrizol
News from breast implant maker Sientra that it had secured a contract with a unit of lubricants maker Lubrizol to have its silicone breast implants produced in the U.S. sent the stock soaring on Aug. 9. In an ironic twist on the Rio Olympics, Sientra has been running away from Brazilian manufacturer Silimed after European Read More →
Goleta’s Sientra lines up new manufacturer for breast implants
Eleven months after manufacturing of its silicone breast implants stopped because it’s Brazilian factory was alleged to have unsafe manufacturing conditions, Sientra announced an agreement with a domestic manufacturer to make its implants Aug. 9. Sientra will use Vesta, a unit of Ohio-based tech conglomerate Lubrizol LifeSciences, which is owned by Berkshire Hathaway. CEO Jeffrey Read More →
State budget to fund more UC campus startup incubators
Startups around the state got a boost with the stroke of Gov. Jerry Brown’s pen June 27 when he signed the state’s $171 billion budget. Included was $22 million earmarked for startup incubators at all 10 UC campuses. Assemblywoman Jacqui Irwin, D-Thousand Oaks, proposed the initiative, which will give $2 million every year for three Read More →
Sientra selling implants again but staff cut as losses mount
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Breast implant maker Sientra loses $11.9 million in first quarter
Sientra, the Goleta-based breast implant company which resumed sales in March after suspending them last fall, posted a loss of $11.9 million for the first quarter. With its core products back on the market after a months long hiatus, the company said it hopes that resumption of marketing efforts will help it resume its prior Read More →
Amid losses, Sientra makes an acquisition
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Implant scandal takes toll on Sientra
Months after a scandal erupted over contaminated implants, Sientra released earnings results that showed how much a suspension of sales hurt the company. The Goleta-based breast implant manufacturer released fourth quarter and year-end earnings on March 9. Revenues fell to just $1.5 million, compared to $12.1 million a year ago. Net losses ballooned from $3.2 Read More →
