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Westlake Village-based MannKind Corporation saw shares climb 8% on Jan. 2 after the company announced entering into a royalty purchase agreement of up to $200 million. MannKind, a biotechnology company that develops treatments for diabetes and pulmonary arterial hypertension, sold a 1% royalty in net sales of Tyvaso DPI to Sagard Healthcare on Dec. 27. Read More →
Despite a 2.5% dip in fiscal year 2023 revenues compared to fiscal year 2022, the CEO of Santa Paula-based Limoneira says he’s pleased with the agribusiness’s year-over-year performance. “We achieved our full-year avocado and revised lemon volume guidance despite harsh weather conditions and softer lemon pricing throughout most of the year,” Harold Edwards said during Read More →
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The Nuclear Regulatory Commission has accepted Pacific Gas and Electric Company’s License Renewal Application to extend the life of the Diablo Canyon Power Plant. Announced on Dec. 19, the NRC’s determination of sufficiency now allows PG&E to continue operating Units 1 and 2 at Diablo Canyon past their current licenses of 2024 and 2025, respectively, Read More →
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