Tri-county biotech firms tackle COVID-19 pandemic
East Ventura County, Health Care & Life Science, Latest news, TechnologyLife sciences companies in the Tri-Counties are stepping up with treatments for COVID-19, led by leaders in inhalable drug technologies. Westlake Village-based MannKind said it expects $4.9 million in forgivable loan relief as part of the CARES Act, passed in March, as it explores four potential anti-infective and antiviral therapies. Separately, aerosolized drug delivery company Read More →
MannKind getting $5M loan to avoid layoffs and tackle COVID-19
East Ventura County, Health Care & Life Science, Latest news, Technology, Tri-County Public CompaniesWestlake Village-based MannKind said it expects $4.9 million in federal forgivable loan relief, among other financial measures that will help it avoid furloughs and layoffs as it pursues potential therapies for the COVID-19 pandemic. The company is currently exploring four potential anti-infective and antiviral therapies, said CEO Michael Castagna. “These are high risk areas and Read More →
Pandemic kills demand for tri-county produce and cut flowers
Agribusiness, Health Care & Life Science, right, Small Business, Tri-County Economy, Tri-County Public CompaniesCOVID-19 restrictions that canceled events and shuttered restaurants have collapsed distribution chains for fresh fruit, vegetables and flowers grown throughout the Tri-Counties. Consumer demand plunged, growers said, as buyers prioritized shelf-stable goods like grains, pasta and frozen and canned foods, foregoing berries, leafy greens and cut flowers grown on the Central Coast. “(Agriculture is) an Read More →
Tri-county firms offer products in response to COVID-19
Health Care & Life Science, Latest news, Technology, Tri-County Public CompaniesTri-county technologies are being deployed in the fight against the coronavirus response — but getting products in the field is not always easy. That’s put pressure on Central Coast manufacturers, including FLIR, Seek Thermal, Raytheon and Wyatt Technology to keep supply chains intact as tech firms work with skeleton crews and adopt new safety and Read More →