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Kythera laying off 117 employees in Westlake Village

By   /  Tuesday, October 13th, 2015  /  Health Care & Life Science, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Kythera laying off 117 employees in Westlake Village

Kythera Biopharmaceuticals is permanently laying off 117 employees at its Westlake Village offices, according to a filing today with the Securities and Exchange Commission. The layoffs come as no surprise and appear to be part of Kythera’s merger with Dublin-based Allergan. On June 17, Allergan announced that it would buy Kythera for $2.1 billion. The Read More →

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Amgen bone density drug shows positive results

By   /  Monday, October 12th, 2015  /  Health Care & Life Science, Latest news, Tri-County Public Companies  /  Comments Off on Amgen bone density drug shows positive results

Thousand Oaks-based pharmaceutical giant Amgen announced results Oct. 12 showing its bone density drug Prolia reduced the incidences of bone fractures in post-menopausal women with osteoporosis over 10 years. Prolia is designed to raise bone density in people with a history of osteoporosis. Amgen released the data during the annual conference of the American Society Read More →

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Sientra CEO sends letter to surgeons saying implants are safe

By   /  Friday, October 9th, 2015  /  Health Care & Life Science, Latest news, Tri-County Public Companies  /  Comments Off on Sientra CEO sends letter to surgeons saying implants are safe

Sientra CEO Hani Zeini sent another letter to plastic surgeons to reassure them that its products are safe. Sientra, a Goleta-based breast implant manufacturer, saw shares drop sharply over the past few months from a high of $23.75 on July 23. In recent weeks the stock fell from $20.58 on Sept. 23 to a close Read More →

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IQMS growing rapidly, hiring more workers in Paso Robles

By   /  Friday, October 2nd, 2015  /  Central Coast, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on IQMS growing rapidly, hiring more workers in Paso Robles

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U.K. crackdown sinks Sientra stock price

By   /  Friday, October 2nd, 2015  /  Health Care & Life Science, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on U.K. crackdown sinks Sientra stock price

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Merged Ryland Group and Standard Pacific trading as CalAtlantic Group

By   /  Thursday, October 1st, 2015  /  Tri-County Public Companies  /  Comments Off on Merged Ryland Group and Standard Pacific trading as CalAtlantic Group

CalAtlantic Group, the new homebuilding company formed in the merger between Ryland Group and Standard Pacific, traded under its new symbol CAA on Oct. 1 on the New York Stock Exchange. Now that the $5.2 billion “merger of equals” between the Westlake-based and Irvine-based homebuilders, respectively, has gone through, the new company has become the Read More →

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Cal Amp’s second quarter earnings beat analyst estimates

By   /  Thursday, October 1st, 2015  /  Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Cal Amp’s second quarter earnings beat analyst estimates

Oxnard-based Cal Amp, which makes products for the wireless sector, beat analyst estimates on Oct. 1 when it reported second quarter 2016 results. Cal Amp posted earnings of 27 cents per share, beating analyst estimates of 26 cents per share. Analysts expected Cal Amp’s revenues to be around $68 million, but the company beat those Read More →