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Thousand Oaks-based Capsida Therapeutics has entered into a multi-year agreement with Prevail Therapeutics, a wholly owned subsidiary of Eli Lilly and Company, to develop transformative genetic medicines for serious diseases, Capisda announced Jan. 4. As per the agreement, Capsida will receive $55 million in the form of an upfront payment and a commitment to participate Read More →
Congressman Salud Carbajal, D-Santa Barbara, announced that over $22 million in federal funding will go toward projects that benefit residents all along the Central Coast after passing through both chambers of Congress earlier this week, he said Dec. 23. Carbajal has been working to obtain these funds since April 2022. Ultimately, he ensured their inclusion Read More →
The Small Passenger Vessel Liability Fairness Act was signed into law by President Joe Biden on Dec. 23. The measure, championed by Rep. Salud Carbajal, D-Santa Barbara, Sen. Dianne Feinstein and Rep. Julia Brownley, D-Ventura, was crafted in response to the 2019 Conception boat fire off the Central Coast. The law is meant to reform Read More →
Shares of Santa Paula-based Calavo Growers faced another steep drop during the trading day Dec. 21, one day after the company’s fourth quarter and full-year earnings announcement. The company limped through the finish line in the fourth quarter, with both revenue and net income falling well below analysts’ expectations. It’s why Calavo’s stock fell as Read More →
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