AI pluses, minuses in business sectors focus of CSUCI forum
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Latigo Bio shares positive news, appoints chief medical officer
Thousand Oaks-based Latigo Biotherapeutics, a company with the mission of creating non-opioid pain medication, shared positive phase 1 results for its lead candidate. In its phase 1 clinical trial, data from LTG-001 showed that the oral treatment aimed to treat acute and chronic pain at its source was “well tolerated with rapid absorption.” The trial Read More →
Ventura fiber optics firm sells operations
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Amgen doubles down on India biotech
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Inogen stock pops after earnings beat
By Julia Staley Special to the Business Times Inogen, the Goleta-based developer of portable oxygen concentrators, saw its shares increase by 44.67% after its second-quarter earnings announcement on Aug. 6. The day after the earnings announcement, shares were valued at $11.08. Share value has continued to increase with shares valued at $12.49 on Aug. 13. Read More →
Sonos earnings hindered by recent app problems
By Julia Staley Special to the Business Times Sonos’ quarter three results beat analyst estimates despite recent app glitches. The Santa Barbara-based audio equipment manufacturer held its quarter three earnings call on Aug. 7, reporting company revenue at $397.1 million, a 6% year-over-year increase. Sonos CEO Patrick Spence primarily attributed Sonos’ revenue growth to its Read More →
26 tri-county companies represent the region on Inc. 5000 list
More than two dozen companies that call the Central Coast home earned national recognition after securing a spot on the Inc. 5000’s list of fastest-growing private companies in the United States. In total 26 tri-county-based companies earned a spot on the prestigious list, with six of those companies being ranked in the top 1,000 and the top Read More →
