MannKind stock dips on report of 2020 losses, but company touts fourth quarter comeback
MannKind Corp. struggled during 2020, but impressive financial results from its final quarter could be a sign of good things to come for the Westlake Village biotech company. MannKind, which develops drugs and treatments for those suffering from diabetes and pulmonary arterial hypertension, reported a net loss of $57.2 million in fiscal year 2020, up Read More →
Inogen announces net loss, predicts better 2021
Goleta-based Inogen reported declines in both revenue and net income due to the COVID-19 pandemic on Feb. 24, when the maker of portable oxygen concentrators released its financial results for the fourth quarter and full year of 2020. Total revenue for the fourth quarter was $74 million, a decline of 6.3% from the same quarter Read More →
Ventura County settles most lawsuits over COVID closures
When the state came out from under the last round of stay-at-home orders, Ventura County settled most of its 13 lawsuits against gyms and restaurants that stayed open despite state and local health orders. There are still several active cases open, though, as some businesses continue to defy the orders by holding indoor operations—which are Read More →
Kate Farms gains more liquidity, plans Carpinteria expansion
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Moderna exec tells of company’s pursuit of COVID vaccine
Moderna didn’t expect to go to market with its new vaccine technology for several years when 2020 began, the company’s CFO said in a recent talk, but that changed after the technology Moderna spent almost a decade developing helped fast-forward development for COVID-19 vaccines. More than 1,000 people watched a virtual discussion on Feb. 17 Read More →
Arcutis shares flat on earnings report
Arcutis Biotherapeutics saw a steep rise in operating expenses resulting in a 183% increase in net loss compared to the previous year when the company revealed its fourth quarter and full-year financial results on Feb. 16. However, the Westlake Village biotech company is still in high spirits, as the company is in a “strong financial Read More →
Lack of masks, insufficient translations: Farmworkers tell of COVID response problems
For months, many farmworkers in the tri-county region and the rest of California, especially indigenous workers who speak neither Spanish nor English, were not properly informed of the dangers of COVID-19, leading to outbreaks and poor working conditions. Despite being labeled essential workers by the state, farmworkers often felt ignored, according to a recent study Read More →
