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Montecito Bank & Trust
Latest

Amgen alum speeds toward OK for chin drug

By   /  Friday, April 10th, 2015  /  East Ventura County, Health Care & Life Science, Latest news, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen alum speeds toward OK for chin drug

Known as ATX-101, the facial injection for the treatment of double chins has been recommended for approval by an FDA advisory committee.

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Solar3D up-lists to NASDAQ on strength of acquisitions

By   /  Friday, April 3rd, 2015  /  Latest news, South Coast, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Solar3D up-lists to NASDAQ on strength of acquisitions

The firm raked in $20.2 million in revenue for 2014 and reported operating income of $311,072, compared to an operating loss of $1.1 million for the same period in 2013.

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Calavo gains with avocados, strawberries blossom statewide

By   /  Friday, April 3rd, 2015  /  Agribusiness, Columns, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Calavo gains with avocados, strawberries blossom statewide

The Tri-Counties was hit with at least $10 million in lost crop revenue last year, but there are still a good number of bright spots in ag.

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Amgen touts positive results with new heart health drug

By   /  Friday, March 20th, 2015  /  East Ventura County, Health Care & Life Science, Latest news, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen touts positive results with new heart health drug

If approved, it will be the Thousand Oaks-based biotech giant’s first new drug on the market since the FDA’s landmark approval of the first-ever biosimilar drug on the American market.

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Tri-county public company ranks shrink as Vitesse sells for $389M

By   /  Wednesday, March 18th, 2015  /  Latest news, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Tri-county public company ranks shrink as Vitesse sells for $389M

The deal values Vitesse at $5.28 per share, a premium of 32 percent over the stock’s 30-day average closing price.

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Calavo shares shoot up on Q1 earnings

By   /  Friday, March 6th, 2015  /  Agribusiness, Earnings, Latest news, South Coast, Top Stories, Tri-County Public Companies  /  Comments Off on Calavo shares shoot up on Q1 earnings

Santa Paula-based Calavo Growers roared out of the gate with a profit of $5.3 million in its fiscal 2015 first quarter, according to a release from the company. The company’s shares jumped nearly 6.5 percent to $45.05 at the market’s close. After recording a $1.8 million loss in the same period last year, Calavo appears Read More →

Latest

Amgen’s portfolio threatened as FDA paves path for lower-cost drugs

By   /  Friday, March 6th, 2015  /  Latest news, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen’s portfolio threatened as FDA paves path for lower-cost drugs

Zarxio, the first biopharmaceutical copycat approved in the U.S., will pave the way for lower-cost alternatives to existing treatments.