The Central Coast labor market is growing at a rate faster than the state’s, led by an all-time high in nonfarm employment, according to analysis from the Central Coast Economic Forecast. About 400 people flocked to the Madonna Inn in San Luis Obispo on Nov. 6 for the annual forecast. Chris Thornberg and Jordan Levine of Read More →
Thousand Oaks-based biotech giant Amgen announced on Nov. 6 that the Food and Drug Administration will review a new treatment for patients with chronic kidney disease. The new drug, Etelcalcetide, works by suppressing the secretion of a parathyroid hormone. The drug is administered intravenously three times per week at the end of a dialysis session. Read More →
Port Hueneme-based Stellar Biotechnologies started trading on the Nasdaq stock exchange Nov. 5. Stellar makes a protein for immunotherapy treatments using a unique sea snail only found off the coastal shores of a small part of California. Shares opened at $8.74 on Nov. 5 and were trading on the Nasdaq at $9.40 as of 11:30 Read More →
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The pipeline that was responsible for the Refugio oil spill in May could take up to five years to get back online and the best-case scenario is 18 to 24 months, according to California Economic Forecast Director Mark Schniepp. He spoke to a room full of the biggest oil players in Santa Barbara County, Read More →
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