Simi Valley hospital settles Medicare fraud claim
Latest newsSimi Valley Hospital has paid the U.S. government $5.15 million to settle an allegation that the hospital filed false Medicare claims, the Department of Justice announced Nov. 3. With the settlement finalized, a federal judge dismissed the lawsuit, which was filed in October 2001 by a former hospital employee turned whistleblower. The suit alleged that Read More →
Investec sells $10M property
Real EstateInvestec Real Estate Companies announced Oct. 27 that it has sold a 12-acre residential property in Carpinteria to a developer who plans to build 73 homes there next year. The property, which is part of the Lagunitas mixed-use development, sold for $10 million, Investec said. Investec will keep the 13-acre office portion of Lagunitas. The Read More →
Amgen reports earnings drop
Earnings, Technology, Tri-County Public CompaniesThousand Oaks-based Amgen said Oct. 25 that third-quarter earnings fell 14 percent to $1.3 billion as revenue flatlined. Amgen is the world’s biggest biotech company and the largest private employer in the Tri-Counties. It reported adjusted earnings per share of $1.36, a decrease of 9 percent compared to the same quarter last year. Total revenue Read More →
FDA OKs Aranesp for pre-dialysis patients
Latest news, TechnologyAmgen’s anemia treatment Aranesp is safe for kidney patients whose disease doesn’t require dialysis, a federal panel announced Oct. 18 in response to a study that found the drug could increase stroke risk in those patients. Outside advisers to the U.S. Food and Drug Administration said the treatment shouldn’t be withdrawn or limited to a Read More →
Cal Poly launches entrepreneurship center
Latest newsCal Poly San Luis Obispo has unveiled a new center that university officials hope will foster more student startups and bring the school’s research out of the lab and into the marketplace. About 130 people gathered at Cal Poly’s new Technology Park on Oct. 21 for the launch of the Center for Innovation and Entrepreneurship. Read More →
40 Under 40 2010 slideshow
Latest newsThis year marked our 10th 40 Under 40 event. The dinner, held Oct. 18 at the Topa Tower Club in Oxnard, was sold out, with about 200 guests on hand to honor our newest class of young business leaders.
