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Amgen's new research and development facility in San Francisco. (courtesy photo) Shares of Thousand Oaks-based Amgen gained 12% on May 3, one day after the company disclosed its earnings for the first quarter of 2024 and highlighted the excitement around its weight-loss drug. During the company’s earnings call, Amgen CEO Bob Bradway commented on their
This year’s 101 Biotech Corridor Conference started with a bang when Brent Reinke, one of the many minds behind the event and the founder of BioScience Alliance, showed just four slides. All four were maps of the Conejo Valley’s biotech layout. The first was from more than a decade ago when there were less than
Don’t obsess too much over Fed policy and inflation levels writes Mitch Zacks of Zacks Investment Management, adding that “it’s clear in the current environment that the Fed believes policy is sufficiently restrictive, meaning there’s no expectation that interest rates will go any higher.” With the economy growing and labor markets strong the current period resembles the period from 1950-22 when inflation was running at 3% to
By Staff Report Visit Santa Barbara, the destination marketing organization for the Santa Barbara South Coast region, presented hotel performance data for March 2024 on April 19. According to the data, which is generated by STR, an independent hospitality data analytics company, the Santa Barbara South Coast hotel occupancy increased 7% in March 2024, compared
Wind and water do not always mix well. But an agreement between the Northern Chumash Tribal Council and developers of the proposed wind farm off Morro Bay have reached an agreement that will allow the project to go forward. The deal defines the boundaries for the new marine sanctuary off the Central Coast and protects Chumash