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Ceres still raising money despite losses

By   /  Friday, January 22nd, 2016  /  Agribusiness, Energy, Latest news, left, Top Stories, Tri-County Public Companies  /  Comments Off on Ceres still raising money despite losses

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Shire buying Conejo Valley’s Baxalta

By   /  Friday, January 15th, 2016  /  Central Coast Health Watch, Top Stories, Top Story  /  Comments Off on Shire buying Conejo Valley’s Baxalta

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Amgen suffers setback as patent office refuses to review competitor’s drug

By   /  Thursday, January 14th, 2016  /  Central Coast Health Watch, East Ventura County, Latest news  /  Comments Off on Amgen suffers setback as patent office refuses to review competitor’s drug

The U.S. Patent and Trademark Office handed Amgen a potential setback Jan. 14 when it declined to review two patent expiration dates on a competitor’s drug. In June, Thousand Oaks-based biotech giant Amgen asked the agency to review two formulation patents for Humira, made by Chicago-based competitor AbbVie, arguing that the patents should not have Read More →

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Tri-Counties has new appeal for biotech startups

By   /  Friday, January 8th, 2016  /  Central Coast Health Watch, East Ventura County, Latest news  /  Comments Off on Tri-Counties has new appeal for biotech startups

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Amgen increases dividend to $1 per share

By   /  Tuesday, December 15th, 2015  /  Central Coast Health Watch, Latest news, Tri-County Public Companies  /  Comments Off on Amgen increases dividend to $1 per share

Amgen increased its yearly dividend 27 percent this year to $1 per share. Previously, the dividend had been 79 cents per share for the Thousand Oaks-based biotech giant. Shares jumped after news of the 27-cent dividend broke. The announcement was made just after the markets closed at 1:11 p.m. Amgen closed the trading day up Read More →

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FDA to review Amgen’s new kidney disease dug

By   /  Friday, November 6th, 2015  /  Central Coast Health Watch, East Ventura County, Latest news  /  Comments Off on FDA to review Amgen’s new kidney disease dug

Thousand Oaks-based biotech giant Amgen announced on Nov. 6 that the Food and Drug Administration will review a new treatment for patients with chronic kidney disease. The new drug, Etelcalcetide, works by suppressing the secretion of a parathyroid hormone. The drug is administered intravenously three times per week at the end of a dialysis session. Read More →

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Amgen’s third quarter earnings beat Wall Street expectations

By   /  Wednesday, October 28th, 2015  /  Central Coast Health Watch, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen’s third quarter earnings beat Wall Street expectations

Thousand Oaks biotech giant Amgen blew Wall Street away when it released third quarter earnings on Oct. 28. Amgen beat analyst revenue estimates by posting revenues of $5.72 billion, compared to the $5.23 billion analysts expected. That’s up from about $5 billion during last year’s third quarter. Net income increased to $1.86 billion during the Read More →

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