Sientra settles lawsuit with former manufacturer
Goleta-based breast implant manufacturer Sientra announced the settlement of an intellectual property and contract lawsuit with its former Brazilian manufacturer Silimed on Aug. 1. Securities and Exchange Commission documents filed by Sientra state that the two companies participated in court-ordered arbitration July 27, and Sientra agreed to pay $9 million within the next 30 days, Read More →
Goleta medical device maker stocks are hot
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Sientra acquisition expands product portfolio
Story updated at 5:45 p.m. June 12: Goleta-based breast implant maker Sientra entered into a $20 million cash agreement to purchase Santa Clara-based Miramar Labs on June 12, according to a news release. Sientra also agreed to potential contingent payments of up to $14 million to Miramar’s debt and equity holders if certain milestones are Read More →
Law firm probing Sientra board of directors
The law firm of Brodsky & Smith has announced an investigation into the board of directors at Sientra, a breast implant manufacturing firm based in Goleta. According to a news release from the law firm, the investigation comes after previous litigation. The complaint alleges that the defendants made false and misleading statements, including failing to Read More →
Breast implant maker Sientra battles its way back
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Breast implant maker Sientra narrows fourth quarter losses
Goleta-based breast implant manufacturer Sientra reduced its net losses for the fourth quarter of 2016 to $8.1 million, compared to $28.3 million for the same period the year prior. The company also reported $6.5 million in net sales for the fourth quarter of 2016, compared to $1.5 million for the same period in 2015. “The Read More →
9 tri-county companies on Deloitte Fast 500 list
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