Amgen profits leap in third quarter
Shares of Thousand Oaks-based Amgen climbed past the $117 mark in after-hours trading Oct. 22 as third-quarter results blew through analyst forecasts with profits rising 24 percent. The world’s biggest biotech company reported a profit of $1.37 billion, or $1.79 per share, on revenue of $4.75 billion. Analysts were forecasting revenue of $4.6 billion and Read More →
Gov. Brown vetoes Amgen-backed anti-biosimilars bill
Gov. Jerry Brown vetoed a bill supported by Thousand Oaks-based Amgen and other biotechnology companies that would have made it more difficult for pharmacists to dispense so-called biosimilars, the biotech industry’s analogue to generic pharmaceuticals.
Senate Bill 598, approved by both houses of the legislature, looked mostly like a procedural change to state’s pharmacy laws. If it passed, the bill would have allowed pharmacists to fill prescriptions with biosimilars that the U.S. Food and Drug Administration deems “interchangeable” with brand-name counterparts.
Bottle it up: Vapur exec, daughter team to put filling stations in schools
Kathryn Reinke had the idea to team up with her father’s water bottle company, Westlake Village-based Vapur, to raise money to install new fountains that would have cold, filtered water in addition to a “filling station” feature that would let students easily refill reusable water bottles.
Nova Sensors flourishing in Buellton under Teledyne ownership
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Onyx buy sets dealmaking era for Amgen
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Leading the leaders: Institutions step up with new nonprofit management offerings
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