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Biosimilar market continues cutting into Amgen's top line | Pacific Coast Business Times

Thousand Oaks-based Amgen delivered a sound earnings beat in the first quarter of 2023, the company announced after the markets closed on April 27. Amgen, one of the largest biotechnology companies in the world, generated net income worth $2.8 billion in the first quarter or $5.28 earnings per share. This nearly doubled last year’s first-quarter
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CRELY leverages AI to change the healthcare industry | Pacific Coast Business Times

ChatGPT may be all the rage at the moment in the artificial intelligence space, but as convenient and semi-accurate as the application is, the health start-up CRELY has other uses in mind for AI and other machine learning tools. “Our AI and ML-based system provides early warning to allow for early intervention,” said Arun Sethuraman,
Varun Sethuraman Latest News Subscriber Content

Former Santa Barbara official files lawsuit against the city | Pacific Coast Business Times

Former longtime city of Santa Barbara official Nina Johnson has filed a wrongful termination lawsuit against the city, alleging she was retaliated against for being a whistleblower. Her suit, filed April 14 in Santa Barbara County Superior Court, also alleges gender and race discrimination, a hostile work environment and other grounds. “Ms. Johnson is seeking
Santa Barbara Nina Johnson Santa Barbara County Superior Court Latest News Law Amp Goverment Subscriber Content

Notable rebuild of SLO's historic Anderson Hotel begins | Pacific Coast Business Times

Significant rehabilitation is currently underway for the Housing Authority of San Luis Obispo’s historic Anderson Hotel in downtown San Luis Obispo. The Housing Authority recently completed the purchase of the five-story, 68-unit apartment complex on Monterey Street and is now undergoing seismic and structural updates to the building to make sure it safely continues to
Luis Obispo Sanderson Hotel Housing Authority Housing Authority Of San Luis Obispo San Luis Obispo San Luis

Dubroff: Celebrating 20 years of Spirit Awards and honoring a great LA mayor

This is a column in two parts. The first part introduces the 20th Anniversary of our Spirit of Small Business awards, a program we launched in our earliest days and that has enjoyed a unique partnership with the U.S. Small Business Administration for two decades. The second part is a tribute to the late Dick
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Aptitude receives $54 million for diagnostic platform | Pacific Coast Business Times

Aptitude Medical co-founders, from left, JP Wang, Scott Ferguson and Jackson Gong. (file photo) COVID is transitioning from a pandemic state to an endemic one and as a result, life is returning more and more back to normal. Businesses are open, gatherings are no longer discouraged and people can enjoy many of the activities they
Scott Ferguson Jackson Gong Aptitude Medical Latest News Subscriber Content Top Stories

Former Santa Barbara official files lawsuit against the city | Pacific Coast Business Times

Former longtime city of Santa Barbara official Nina Johnson has filed a wrongful termination lawsuit against the city, alleging she was retaliated against for being a whistleblower. Her suit, filed April 14 in Santa Barbara County Superior Court, also alleges gender and race discrimination, a hostile work environment and other grounds. “Ms. Johnson is seeking
Santa Barbara Nina Johnson Santa Barbara County Superior Court Latest News Law Amp Goverment Subscriber Content

Portfolio Watch | Pacific Coast Business Times

At Goldman Sachs, economists Ronnie Walker and Manuel Abecasis write that the stress in banking is likely to have its biggest impact on smaller communities, where community and midsize lenders still dominate. Companies with fewer than 100 employees receive “almost 70% of their commercial and industrial loans with less than $250 billion in assets” they
Manuel Abecasis Ronnie Walker Goldman Sachs Banking Amp Finance Latest News Personal Finance

AppFolio extends contract with large property manager | Pacific Coast Business Times

AppFolio's Goleta office. (courtesy photo) Goleta-based AppFolio has announced the extension of its contract with Evernest, a national real estate and property management firm, in a move that cements their continued growth even despite economic headwinds. Details of the extension were not disclosed, AppFolio, a software company for the real estate industry, said in an
Appfolio Goleta Goleta Based Appfolio Latest News Santa Barbara County Subscriber Content Top Stories

CSUCI's animal house expands onto campus | Pacific Coast Business Times

Western snowy plovers at the Santa Barbara Zoo. (courtesy photo) In an effort to create more space for themselves, much to the benefit of all parties involved, the Santa Barbara Zoo is expanding its partnership with CSU Channel Islands bringing a new conservation onto the campus, the organization announced on April 10. The two parties
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