Mercado: Santa Maria AgTech event highlights changes in industry
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Capsida furthers its deal with AbbVie
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MannKind delivers record revenue
MannKind, a biotechnology company that develops treatments for diabetes and pulmonary arterial hypertension, delivered a record year for revenue behind its multiple products out in the market. Based in Westlake Village, MannKind generated revenue worth $99.7 million in 2022, up from $75.2 million in 2021. In the fourth quarter, revenue also shot up to $36 Read More →
Arcutis gearing up for active 2023
Arcutis Biotherapeutics generated sales from its first treatment during the fourth quarter of 2022, helping usher in a new era for the company. Based in Westlake Village, Arcutis recognized $3 million in revenue for the quarter that ended Dec. 31, all of it coming from its Zoryve cream aimed to treat plaque psoriasis. For the Read More →
Inogen shares nosedive after poor fourth-quarter earnings
Shares of Goleta-based Inogen have nosedived 32% in the days since the company’s fourth quarter and full-year earnings results. Inogen, a maker of portable oxygen containers, announced on Feb. 23 that it suffered a net loss of $56.6 million for the quarter ended Dec. 31, up substantially from a net loss of $22.8 million in Read More →
Wyatt Tech will keep strong Goleta presence
Legacy is very important to the Wyatt family. That is why the executive team at Wyatt Technology ensured that although it is being sold to Waters Corporation with a $1.36 billion price tag, announced on Feb. 15, its impact on the Santa Barbara community will not waver. “Protecting our employees and their jobs in the Read More →
Procore aims for lower net loss, continued high growth in 2023
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