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Amgen buying out joint venture Kirin-Amgen for $780 million

By   /  Tuesday, October 31st, 2017  /  Central Coast Health Watch, Latest news, Technology  /  Comments Off on Amgen buying out joint venture Kirin-Amgen for $780 million

Amgen, the biotech giant based in Thousand Oaks, announced that it would buy out joint venture Kirin-Amgen, which was created to develop white blood cell booster Neupogen among other projects, for $780 million. The joint venture holds intellectual property rights for Neupogen, Neulasta, Aranesp, Nplate and brodalumab. In addition to the cash deal, Amgen will Read More →

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Amgen product sales slip but income stays steady

By   /  Thursday, October 26th, 2017  /  Central Coast Health Watch, East Ventura County, Latest news, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Amgen product sales slip but income stays steady

Net income at biotech giant Amgen stayed flat for the third quarter, despite a slight downtick in revenues to $5.8 billion, the company reported Oct. 25. Product sales saw a slight decline, including Neupogen, Epogen and its blockbuster rheumatoid arthritis drug Enbrel, which fell 6 percent, but net income stayed steady at a little more Read More →

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Ventura County economic development plan approved

By   /  Tuesday, October 24th, 2017  /  East Ventura County, Latest news, Tri-County Economy, West Ventura County  /  Comments Off on Ventura County economic development plan approved

Ventura County’s Board of Supervisors has approved the first economic development plan in the history of the county. The board voted 5-0 to approve the countywide “Economic Vitality Strategic Plan” at its board meeting on Oct. 24. Officials said the plan was the product of four public sessions and was designed to “foster economic growth Read More →

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Biotech giant Amgen to pay dividend on Dec. 8

By   /  Tuesday, October 24th, 2017  /  Central Coast Health Watch, Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Biotech giant Amgen to pay dividend on Dec. 8

Biotech giant Amgen announced Oct. 24 that it would pay a $1.15 dividend for its fourth quarter of fiscal 2017. Stockholders of record for the Thousand Oaks-based company at the end of day on Nov. 17 will receive the dividend on Dec. 8.

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Ventura County has need for faster broadband speed

By   /  Friday, October 20th, 2017  /  Latest news, Technology  /  Comments Off on Ventura County has need for faster broadband speed

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Upscale apartment complex under construction in SLO

By   /  Friday, October 6th, 2017  /  Columns, Latest news, Real Estate  /  Comments Off on Upscale apartment complex under construction in SLO

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Amgen settles with AbbVie over Humira biosimilar litigation

By   /  Friday, October 6th, 2017  /  Central Coast Health Watch, East Ventura County, right, Technology  /  Comments Off on Amgen settles with AbbVie over Humira biosimilar litigation

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