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FDA approves biosimilar of Amgen’s Enbrel

By   /  Tuesday, August 30th, 2016  /  Central Coast Health Watch, Latest news, Tri-County Public Companies  /  Comments Off on FDA approves biosimilar of Amgen’s Enbrel

The U.S. Food and Drug Administration formally approved a competing biosimilar of Amgen’s top-selling drug Enbrel on Aug. 30. Made by Switzerland-based Novartis, Erelzi mimics the effects of Enbrel. Enbrel, which was first approved in 1998, is approved to treat rheumatoid arthritis and other conditions by decreasing the amount of a protein produced by the Read More →

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Amgen reports positive results for Prolia

By   /  Monday, August 29th, 2016  /  Central Coast Health Watch, Latest news  /  Comments Off on Amgen reports positive results for Prolia

Thousand Oaks-based biotech giant Amgen announced positive results from patients receiving Prolia to treat inflammation Aug. 29. In the study, Prolia, normally used to treat osteoporosis, hypercalcemia and bone cancer, was used to treat inflammation. The two-year study enrolled 795 patients to evaluate the safety of two 60 milligram doses of Prolia given under the Read More →

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Amgen alumni start their own biotech companies

By   /  Friday, August 19th, 2016  /  Central Coast Health Watch, East Ventura County, Top Stories, Top Story, West Ventura County  /  Comments Off on Amgen alumni start their own biotech companies

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Dubroff: Great retail guessing game puts a Macy’s store in the spotlight

By   /  Friday, August 19th, 2016  /  Columns, Latest news  /  Comments Off on Dubroff: Great retail guessing game puts a Macy’s store in the spotlight

It seems crazy to write about Christmas in August. But as the shopping season starts earlier and earlier, there’s more and more trouble brewing for retailers. News that Macy’s is closing another 100 stores — after announcing 36 exits earlier this year — got raves from Wall Street as the nation’s flagship chain battles online Read More →

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Ventura County SCORE chapter assists Hispanic entrepreneurs

By   /  Friday, August 12th, 2016  /  Latest news, Small Business  /  Comments Off on Ventura County SCORE chapter assists Hispanic entrepreneurs

A group of regional mentors is trying to make more opportunities available to Hispanic entrepreneurs. Formerly the Service Corps of Retired Executives, the SCORE Association has 348 chapters throughout the U.S. Today, the Ventura County chapter has about 40 volunteers and two of them said not enough services are offered to Hispanic entrepreneurs for a Read More →

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Inphi’s second quarter revenues soar

By   /  Monday, August 8th, 2016  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Inphi’s second quarter revenues soar

Inphi saw revenues rise during the second quarter as it sold off its memory products business. On June 30, Inphi announced it would sell its memory products business to Sunnyvale-based Rambus. Inphi said revenues rose from $49.4 million in 2015 to $60.5 million during the second quarter of 2016 when revenues from the memory business Read More →

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Abbvie sues Amgen to block sales of Humira biosimilar

By   /  Friday, August 5th, 2016  /  Central Coast Health Watch, Latest news, Law, Technology  /  Comments Off on Abbvie sues Amgen to block sales of Humira biosimilar

Thousand Oaks-based biotech giant Amgen faces a lawsuit seeking to block it from selling a biosimilar of AbbVie’s popular Humira. The rheumatoid arthritis medicine is Abbvie’s best seller. Sales were up 17 percent in the second quarter to $4.15 billion and accounted for 61 percent of AbbVie’s 2015 revenue. Abbvie claims Amgen’s proposed copy would Read More →

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