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Ventura County Health Care Agency Director Bill Foley is retiring on March 6, 2021. Foley, who took on the role of director in December 2018, has worked in public safety net health systems for decades. When he came to Ventura County he brought experience from working with the Chicago-based Cook Count Health and Hospitals System, Read More →
AeroVironment, an aerial drone company based in Simi Valley, reached an agreement Dec. 8 to acquire Telerob, a German robotics company, in a deal worth approximately $45.4 million in cash. AeroVironment also released its second quarter 2021 earnings on Dec. 8, revealing an increase in revenue, but a 71% drop in earnings from the previous Read More →
Thousand Oaks mayor Al Adam gave the annual State of the City address on Dec. 8, centered around three things he said are most important to the city’s growth: jobs, the environment and housing. In his virtual address, Adam said the influx of biotech companies in recent years has been a big win for the Read More →
In a show of rising frustration over Gov. Gavin Newsom’s Southern California-wide “stay-at-home” order, the counties of Ventura, Santa Barbara and San Luis Obispo are jointly petitioning the state to loosen the rules for some 1.5 million residents. In a draft statement reviewed by the Business Times, the three counties said they will shortly be Read More →
MannKind Corp., a biotech company based in Westlake Village, announced Dec. 7 that it has acquired a QrumPharma, a privately held biotech company, in a $12.5 million deal. MannKind has purchased all outstanding capital stock of QrumPharma for $3.5 million in cash and just over 3 million shares of MannKind common stock. At MannKind’s stock Read More →