Pacific Premier shareholders approve acquisition of Heritage Oaks
Banking & Finance, Banking Industry, Central Coast, Latest newsPacific Premier Bancorp shareholders have voted to approve the acquisition of Paso Robles-based Heritage Oaks Bancorp, Pacific Premier said March 28. The all-stock deal, announced Dec. 13, is valued at $405.6 million or $11.68 per share. It combines the region’s largest bank, with $2 billion in assets, and Pacific Premier, which has $3.8 billion in assets, Read More →
Law firm probing Sientra board of directors
Health Care & Life Science, Latest news, Law & GovermentThe law firm of Brodsky & Smith has announced an investigation into the board of directors at Sientra, a breast implant manufacturing firm based in Goleta. According to a news release from the law firm, the investigation comes after previous litigation. The complaint alleges that the defendants made false and misleading statements, including failing to Read More →
Amgen gets European approval for biosimilar of Humira
Health Care & Life Science, Latest newsThousand Oaks-based Amgen has announced that the European Commission has granted marketing authorization for Amgevita, a drug that treats inflammatory diseases, including moderate-to-severe rheumatoid arthritis. The Amgen biosimilar will compete with AbbVie’s blockbuster drug Humira. “The approval of our first biosimilar by the European Commission is a major milestone not just for Amgen as a company, but for the millions Read More →
Teledyne to provide electronics for mission to Jupiter
Latest news, TechnologyA French space agency awarded nearly $10 million to a subsidiary of Thousand Oaks-based Teledyne Technologies to provide infrared detectors and electronics for a mission to Jupiter. The Centre National d’Études Spatiales, or CNES, contracted with Teledyne Scientific & Imaging for the products, which are planned to equip a 2022 European Space Agency launch. Over Read More →