Tri-county stocks mixed as market falls
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Our view: COVID-19 preventative measures have delivered results
This is what flattening the curve looks like. Across the Tri-Counties, new coronavirus cases are beginning to level off — with the exception of the Lompoc area, where a federal correctional center has emerged as a rare hot spot. Case counts and deaths per 100,000 population are low compared to other parts of the country Read More →
COVID-19 pandemic crushes the tri-county wedding industry
Hundreds of weddings in the Tri-Counties have been canceled or postponed since governmental orders forbade people from gathering in groups to prevent the spread of COVID-19. The ban cratered the industry on the Central Coast, which saw weekends in half of March, all of April and now parts of May become untenable. “It’s devastating to Read More →
Tri-county biotech firms tackle COVID-19 pandemic
Life sciences companies in the Tri-Counties are stepping up with treatments for COVID-19, led by leaders in inhalable drug technologies. Westlake Village-based MannKind said it expects $4.9 million in forgivable loan relief as part of the CARES Act, passed in March, as it explores four potential anti-infective and antiviral therapies. Separately, aerosolized drug delivery company Read More →
Market gains but most tri-county stocks fall
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MannKind getting $5M loan to avoid layoffs and tackle COVID-19
Westlake Village-based MannKind said it expects $4.9 million in federal forgivable loan relief, among other financial measures that will help it avoid furloughs and layoffs as it pursues potential therapies for the COVID-19 pandemic. The company is currently exploring four potential anti-infective and antiviral therapies, said CEO Michael Castagna. “These are high risk areas and Read More →
Most tri-county stocks gain as market rises
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