Sientra settles public offering lawsuits for $10.9 million
Goleta-based breast implant manufacturer Sientra announced a $10.9 million settlement Oct. 28 in two lawsuits that shareholders filed over the timing of the second public offering the company held in September 2015. Sientra announced in a news release that the company will pay $10.9 million to six parties in cases in federal court in Los Read More →
Sientra CFO resigns, new CFO named
Embattled-breast implant manufacturer Sientra said in a news release Oct. 27 that Chief Financial Officer Matthew Pigeon stepped down from his position “to pursue other opportunities.” Patrick Williams, who most recently served as CFO of Pleasanton-based ZELTIQ Aesthetics from November 2012 until this past April, will fill Pigeon’s roll as CFO at Sientra. Williams also Read More →
Sientra finds new factory to make breast implants
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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 →
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 →
