Antonio Pequeño IV

Staff Reporter (Health care, law, finance)

Phone: 818-316-3121 Extension: 112

Recent Stories

Amgen to Require Vaccination for All Staff

Amgen Inc. will require that all employees be fully vaccinated against COVID-19 by Nov. 1, the Thousand Oaks company announced earlier this week.

Norms to Open Location in Encino

Diner-style chain restaurant Norms will open a new location in Encino on Aug. 22.

Tutor Perini Joint Venture Awarded $98.3 Million Contract

The Black Construction-Tutor Perini joint venture has landed a $98.3 million fixed-price contract for the construction of a bachelor officer quarters at Marine Corps Base Camp Blaz in Guam.

Nancy Hoffman Vanyek Honored as Small Business Advocate of the Year

Nancy Hoffman Vanyek, chief executive at the Greater San Fernando Valley Chamber of Commerce, has been recognized as a 2021 Small Business Advocate of the Year.

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Camarillo’s PBS Biotech Secures $10 Million in Funding Round

PBS Biotech has raised $10 million in a private funding round with investment bank BroadOak Capital Partners.

Immpact Bio.Makes B-Cell Acquisition

Camarillo firm strengthens expertise of lymphoma team.

Camarillo biotech company Immpact Bio has completed its merger with Kalthera Inc., another biotech company focused on the treatment of B-cell lymphoma.

Web Broker’s Reverse Merger

FINANCE: House sale website Everhome to fund expansion.

Real estate technology company Everhome Realty Inc. hopes to disrupt the home-selling business as a public company after entering into a definitive agreement with blank check holding company Alpha Wastewater Inc.

Nutritional Gym

HEALTH: Supplement maker Herbalife and Proactive Sports open facility in Westlake Village.

Dietary supplement maker Herbalife Nutrition partners on a new gym in Westlake Village.

Amgen Cuts Guidance For Remainder of 2021

Pharmaceutical giant reports fewer patient visits and diagnoses for treatment during the pandemic.

Thousand Oaks-based Amgen Inc. beat revenue expectations but issued lower full-year guidance in its second-quarter financial results.

Valley Health Center Gets $150K Grant

Providence donation to fund case management upgrade.

San Fernando Community Health Center receives grant from local hospital.

LegalZoom Reports Loss on Higher Revenue in First Quarterly Report

Legal technology company Inc. shared its second quarter results in its first earnings call as a publicly traded company.

Second Sight Gets New Grant for Study

Sylmar-based Second Sight Medical Products, an implantable visual prosthetics developer, announced Wednesday that it received a $155,964 grant supplement from the National Institutes of Health.

Atara Biotherapeutics Reports Widening Loss, Adds Board Member

T-cell immunology company Atara Biotherapeutics Inc. reported its second-quarter 2021 financial results and the appointment of a cell therapy and oncology commercialization veteran to its board.

MannKind Partnership to Explore COVID Lung Treatment

Westlake Village biopharmaceutical company MannKind Corp. has entered a partnership with NRx pharmaceuticals to evaluate the feasibility of formulating a dry powder version of vasoactive intestinal peptide.

Medolife to Showcase Products at Tony Hawk Skateboard Competition

Quanta Inc. subsidiary Medolife Rx announced it will showcase its pain relief and immunapen product lines at 'Tony Hawk’s Vert Alert.'

Amgen Reports Revenue, Earnings Increase, But Shares Fall on Lower Guidance

Amgen Inc. beat expectations on revenue and earnings, but issued lower guidance for the rest of the year, sending shares lower.

LegalZoom Appoints Microsoft Executive to Board

LegalZoom Inc. has appointed Elizabeth Hamren, Microsoft Corp.’s corporate vice president for gaming experiences and platforms, to its board of directors.

Lancaster Urgent Care Center Wins Design-Build Award

High Desert Mental Health Urgent Care Center was among the award winners when the Design-Build Institute of America announced its nationwide 2021 Design-Build Project/Team Awards.

Capsida Opens Gene Therapy Plant

Thousand Oaks facility will hasten drug development.

Biotechnology company Capsida Biotherapeutics opened its gene therapy manufacturing facility in Thousand Oaks just two years after the company’s founding.

$8 Million VC For RentSpree

TECHNOLOGY: Tenant screening software firm plans to expand.

Tenant screening company raises $8 million in venture capital.

TV Series Tells of Valley ‘Unicorn’

Calabasas-based comedy tackles diversity in the fashion industry.

Calabasas-based television show tackles diversity in the fashion industry.

Too Little Lead Time Given for Mask Mandate

REGULATION: Business groups say implementation stressed restaurants, retailers.

Business groups call attention to latest mask mandate.

$126 Million Expansion

Takeda has green vision for Thousand Oaks facility.

Takeda Pharmacuetical broke ground on $126 million expansion in Thousand Oaks.

Eyenuk Secures $6.2 Million for AI

Marketing to accelerate for diabetic retinopathy testing.

Artificial intelligence medical technology company Eyenuk recently secured $6.2 million in funding from a financing round led by Axa Investment Managers.

Amgen Appoints Former Medtronic CEO Omar Ishrak to Board

Amgen Inc. announced Thursday the appointment of S. Omar Ishrak, former chairman and chief executive of Medtronic, to its board effective immediately.

‘Best Hospital’ Ranking Names Six in Valley Region

Six San Fernando Valley region hospitals were named in U.S. News & World Report’s “Best Hospitals” for 2021-2022.

Amgen to Acquire Teneobio for $900 Million Cash

Thousand Oaks-based Amgen Inc. announced it will acquire private biotechnology company Teneobio in exchange for $900 million in cash.

Eyenuk to Implement Diabetic Eye Testing in Vietnam

Woodland Hills-based Eyenuk Inc., an artificial intelligence medical technology company, will deploy its EyeArt AI system in four hospitals in Vietnam.

Encino Man Arrested for Alleged $27 Million PPP Fraud

Robert Benlevi of Encino, was arrested for money laundering, bank fraud and false statements on loan applications for Paycheck Protection Program funds.

Kaiser Permanente Appoints President for Panorama City and Antelope Valley

Patricia Clausen is the new senior vice president and area manager of Kaiser Permanente’s Panorama City/Antelope Valley service area.

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Stocks Hit by COVID Resurgence Fears

Most local stocks dropped Monday – one of the worst days for stocks this year. The Dow Jones industrial average had its biggest one-day decline in nearly nine months.

Pharmavite   Buy Focuses On Women

Uqora specializes in treating urinary tract infections.

Pharmavite, a West Hills vitamin and supplement company, has acquired Uqora, a firm that specializes in urinary health supplements based in San Diego.

Mexico Beckons for Medolife Partnership

Burbank bioceutical company seeks to establish ‘first-mover’ status, then expand into Latin America.

Aubrey Kelly started Rabble Health after lacking information about her son’s fight with cancer.

Cannabis Firm Hires IR Company

Resonate Blends looks for ‘outreach’ to shareholders.

Cannabis holding company Resonate Blends enters a partnership with investor relations firm.

Dine Brands to Expand With Experimentation

RESTAURANTS: Company’s chains launch ghost kitchens and spinoff formats.

Dine Brands Global Inc. to expand with experimentation as its chains launch spinoffs and ghost kitchens.

Startup Guides Cancer Families

HEALTH CARE: Rabble’s app gives information to patients.

Aubrey Kelly started Rabble Health after lacking information about her son’s fight with cancer.

Resonate Partners with Distributor

Cannabis wellness and lifestyle company Resonate Blends of Calabasas has selected Mars Distribution to distribute its Koan Cordial product line.

Amgen Asthma Drug Granted Priority Review by FDA

Amgen Inc. announced that the U.S. Food and Drug Administration accepted a biologics license application and granted priority review for Tezepelumab, an asthma drug developed in collaboration with AstraZeneca.

Local Cities Named ‘Business-Ready’

Research ranks municipalities positioned for economic growth.

Three local cities named “business-ready” by Verizon Business.

Will LegalZoom Grow Post IPO?

FINANCE: Glendale online firm attains $7.3 billion valuation. Inc. goes public with valuation of more than $7 billion.

Kaiser Gives To Colleges For COVID

Valley schools receive grants as part of larger program.

Three San Fernando Valley community colleges – Los Angeles Mission College in Sylmar, Los Angeles Valley College in Van Nuys and Los Angeles Pierce College in Woodland Hills – will receive grant funding from nonprofit health provider Kaiser Permanente as part of a White House vaccination initiative.

FDA OK for Lumakras Opens Lung Market

Amgen drug is the first that specifically targets common type of non-small cell pulmonary cancer.

FDA approval for Amgen Inc.’s drug Lumkras to treat lung cancer.

Capsida Deal Focuses on Gene Editing

Combination of technologies to improve research efficiency.

Newbury Park-based Capsida Biotherapeutics announced a collaboration with CRISPR Therapeutics to develop, manufacture and commercialize gene editing therapies for amyotrophic lateral sclerosis, or ALS, and Friedreich’s ataxia.

Recovery Blueprint

HEALTH CARE: Abbott Labs showcases back-to-work system, testing 1,000 employees a week.

HEALTH CARE: Abbott Labs showcases back-to-work system, testing 1,000 employees a week.

Former Glendale CEO Found Guilty of $250 Million Workers’ Comp Fraud

The chief executive of a Glendale medical imaging company was found guilty of fraudulently submitting claims worth more than $250 million through the state workers’ compensation system.

LegalZoom Valuation Passes $7.5 Billion in IPO

Online legal technology company Inc. made its market debut with a share price that gave the company a valuation of more than $7.5 billion.

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SRAX Launches Microcap Stock News Site

Westlake Village-based fintech company SRAX launched on Wednesday, an editorial content and news site for the microcap market.

MannKind Stock Jumps on Medicare Policy Change

MannKind Corp.’s shares closed up more than 11 percent after the announcement of a Medicare policy change that lifts a restriction on diabetic patients having to choose between two tools to manage the condition.

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Second Sight Raises $57.5 Million in Public Offering

Visual prosthetic developer Second Sight Medical Products announced the closing of a secondary offering of common stock that raised $57.5 million in gross proceeds.

Adventist Health Simi Valley Partners on Up-Front Medical Payment Program

Adventist Health Simi Valley and MDsave have partnered on a new way for patients to save money as an increasing number of people pay out of pocket for health care.