Ceres third-quarter revenue up, losses down
Earnings, Latest news, Tri-County Public CompaniesThousand Oaks-based ag-biotech company Ceres Inc. released third quarter results in documents filed with the Securities and Exchange Commission July 15. Ceres said revenues increased from $1.1 million during the third quarter of 2015 to $1.4 million during the third quarter of 2016. Net losses decreased from $5.9 million, or 98 cents per share, last Read More →
Amgen partnering with Japanese company to develop biosimilars
Health Care & Life Science, Latest newsThousand Oaks-based biotech giant Amgen said July 13 it will partner with a Japanese company to develop and commercialize biosimilars in Japan. Under the partnership, Amgen will develop and manufacture biosimilars while Daiichi Sankyo will obtain marketing approval, distribution and commercialization rights in Japan for the products. The deal also includes several late-stage development drugs. Read More →
Ventura County man ordered to pay $1 million to 111 victims of investment scam
Latest news, Law & GovermentA Ventura County man who pled guilty to orchestrating a sports products investment scheme was ordered to pay more than $1 million to 111 victims. Gilbert Infante admitted to 13 felony counts of securities fraud and identity theft and was sentenced to eight years in prison, the Ventura County District Attorney’s Office announced on July Read More →
California Lutheran University to launch nonprofit leadership center
East Ventura County, Latest news, Nonprofits, West Ventura CountyStory updated at 11:45 a.m. on July 14: California Lutheran University has tapped a former Ventura County Community Foundation executive to start a nonprofit leadership center that aims to help fill the void created by the VCCF’s Center for Nonprofit Leadership closure. The Thousand Oaks-based university is launching a Center for Nonprofit Leadership in September Read More →
Chumash get House committee OK to annex land, build 143 homes
Latest news, Real EstateThe Santa Ynez Chumash Indians can move forward with its plans to build 143 houses for its tribal members, per a House Committee on Natural Resources vote on July 13. The committee voted 29-1 to pass HR 1157, which would allow the Chumash to take 1,390 acres in Santa Ynez known as Camp 4 into Read More →
Venoco restructuring approved by bankruptcy court
Energy, Latest newsVenoco’s restructuring plan was approved July 13, enabling it to get out from under $1 billion of debt it incurred following the shutdown of Plains All American Pipeline’s Line 901 after the May 2015 Refugio oil spill. Under the proposal, approved by the U.S. Bankruptcy Court for the District of Delaware, the company expects to Read More →
Museum of Ventura County CEO leaving to run Make-A-Wish Tri-Counties
Latest news, NonprofitsMuseum of Ventura County CEO Pattie Mullins announced July 11 that she has accepted the position of CEO at Make-A-Wish Tri-Counties. Describing herself as a “serial volunteer” and a lifelong learner, Mullins owned her own home-based business prior to joining the museum in April of 2015. She has previously worked with the Girl Scouts of Read More →
