Teledyne shares down despite earnings beat
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New CEO, new board chair, new funding for ImmPact Bio
Camarillo-based ImmPact Bio made multiple headlines with one announcement on Jan. 20: the a new CEO, a new board chair, and the closing of a $111 million Series B funding round. ImmPact, a biotechnology company developing cancer treatments based on chimeric antigen receptor (CAR) T-cell therapies, named Sumant Ramachandra as its new president and CEO. Read More →
Trade Desk adds tech marketing pioneer to board
Andrea “Andy” Cunningham, who early in her career helped launch the Apple Macintosh computer, has joined the board of directors of The Trade Desk, the Ventura-based internet advertising company announced Jan. 18. Cunningham worked closely with Steve Jobs at Apple, and managed marketing campaigns for his other companies, Pixar and NeXT. She is the founder Read More →
Inogen shares drop despite projected revenue growth
Goleta-based Inogen expects minor revenue growth in the fourth quarter of 2021 but major growth for the full fiscal year, according to preliminary estimates the company released Jan. 10. The portable oxygen concentrator manufacturer expects to see revenue in the range of $75.9 million to $76.9 million for the three months ended December 31, growth Read More →
Amgen inks drug development deal worth up to $1.9B
Thousand Oaks-based Amgen has reached an agreement with Generate Biomedicines, a Massachusetts-based therapeutics company, to research, discover and create protein therapeutics, the company announced Jan. 6. According to the agreement, Amgen, one of the largest biotech companies in the world, will pay $50 million up front to fund the initial five programs, with a potential Read More →
Capsida’s new CEO hopes success is in the genes
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Sonos wins ruling that Google violated its patents
The U.S. International Trade Commission ruled in favor of Santa Barbara-based Sonos once again on Jan. 6, with a finding that Google infringed on five Sonos patents relating to smart speakers and audio. The ITC reaffirmed its decision from August, stating that Google violated section 337 of the Tariff Act of 1930 by infringing on Read More →
