Page 27 - Subscriber Content News Today

California and five other states on June 22 joined the Federal Trade Commission's antitrust lawsuit to block Thousand Oaks-based biotech giant Amgen from buying another life sciences company, Horizon Therapeutics, for nearly $28 billion. Horizon, based in Illinois and Ireland, has a monopoly on Tepezza, a medicine that treats thyroid eye disease, and Krystexxa, a

AVI.AI founders Vivek and Shara at their office in Elings Hall, UCSB, Santa Barbara, CA. (Eric Isaacs photo) Vivek Adarsh’s inspiration to start his company just a couple of years ago, Avi.AI, is a story that will resonate with almost anyone whose been on an airplane before. While completing work for his Ph.D. program at

Corey Hoven, the chief technology officer of Next Energy Technologies, at left, with Brenton Taylor, the company’s newest CEO. (Eric Isaacs photo) Brenton Taylor, a co-founder and former executive at Goleta-based Inogen, will be taking over as the new CEO of Next Energy Technologies effective immediately, the company announced on June 28. Taylor will be

Janet Franklin, Amgen's vice president of global development, speaking at the June 21 event. (PCBT Staff) Update: A previous version of this article mistakenly quoted Janet Franklin instead of Sarah Van Driesche. When Amgen scientist Sarah Van Driesche attended an awards program at Rockefeller University in New York prior to the pandemic, she took note of

The Economic Development Collaborative Small Business Development Center received one of the highest forms of recognition on June 6 when it was recognized for its outstanding achievements in exports with the prestigious President’s “E” Award for Export Service. The award was presented to EDC SBDC at the 62nd anniversary of the “E” Awards ceremony held

Nitika Parmar (second from left), professor of biology/microbiology at Cal State University Channel Islands, in one of the school's biotech labs with students. (courtesy photo) Two Ventura County higher education institutions recognize the need to prepare students for careers in the burgeoning biotech industry, including the Conejo Valley life sciences hub. Moorpark College will be

A physician with Community Memorial Healthcare in Ventura County has become the first in the nation to implant the new Medtronics Micra AV2 — the upgraded version of a dual-chamber sensing ventricular pacemaker. Electrophysiologist Jonathan Dukes performed the surgery on May 8 in the Cardiac Catheterization Laboratory at Community Memorial Hospital — Ventura, the nonprofit

To anyone who heard comments by Federal Reserve Board Governor Chris Waller at the UCSB Economic Forecast Project last month, the Fed’s June 14 decision to pause after 10 consecutive rate hikes over 15 months came as no surprise. At that May event, Waller was among the first top Fed officials to talk about a

In an effort to restructure its fiscal plan amid economic uncertainty, Santa Barbara-based Sonos announced it would be laying off 7% of its workforce, or roughly 130 employees, in a filing with the U.S. Securities and Exchanges unit on June 14. In an October 2022 filing, Sonos employed 1,844 people globally, the last time the

Mechanics Bank Wealth Management sees a June skip by the Fed as being more likely after the May jobs numbers. “They will look to the higher unemployment figures and lower than expected average hourly earnings to support this pause,” it tells investors. However, any sign that inflation is not headed toward the 2% target means