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Amgen’s Otezla May Be Approved for Broader Use

Amgen Inc. on Wednesday said its psoriasis drug Otezla was approved for review by the Food and Drug Administration to be used on a wider patient population.

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Santa Clarita Approves $14.5 Million Purchase of Ice Rink

Santa Clarita City Council on Tuesday approved the $14.5 million purchase of the property hosting Valencia Ice Station, a 20-year-old local rink that had been skating on thin ice ever since the coronavirus outbreak in March.

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Pet Tracker Technology Resized for Tiny Collars

Huan based product design on feedback from owners.

Pet tracking system Huan has expanded its product line with the release of Tiny Tags.

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Buying into Market Dip to Rebalance Portfolios

One of Jason Sands’ clients asked how he could help others financially during tough times.

Wealth manager Jason Sands sought to keep clients on track for their long-term goals during the year of crisis, while also meeting short-term needs.

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Consolidation for Advisory Firms

Alexis Cole sees a future industry of large investment firms with a few specialized solo practitioners.

Alexis Cole joined California Capital Management in 2002 and earned her certified financial planner credentials in 2015.

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FDA Grant to Fund Simulations Plus Research

Lancaster drug simulation company Simulations Plus has won a $1.2 million grant from the U.S. Food and Drug Administration to test the efficacy of oral cavity products.

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A Crash Coming for Home Prices?

No one can see the future. But when it comes to residential real estate, we can put our high beams on the road ahead by studying the buying and selling behavior of American consumers based on age.

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Metro’s Free Fares May be Costly

It is interesting to read that transit agencies such as New York Metro are ending its free fares that it had for a short period during the pandemic.

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CSUN Victim of Data Hack

A cyberattack on software provider Blackbaud has resulted in the theft of customer data from California State University – Northridge.

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Why Are We Waiting Like This?

‘I feel like we are all captive actors in the absurdist play “Waiting for Godot.” We are illogically sitting around, waiting for a vaccine to arrive. But a vaccine may be months away or even longer, and there is no assurance that it will be quickly deployable or even very effective.’

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Startup Lands $140 Million

BIOTECH: AbbVie, Westlake Bio invest in Capsida’s Series A.

Capsida Biotherapeutics Inc. received $140 million in a Series A round of funding.

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Stein Mart Hires Great American Group for Liquidation

Great American Group in Woodland Hills is one of five liquidation companies managing the going-out-of-business sales for discount department store chain Stein Mart.

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HYDROGEN HUB

PROFILE: How Mayor R. Rex Parris is luring alternative energy companies to Lancaster.

Hydrogen companies from around the world including SGH2, Hitachi Zosen Inova and Toshiba are setting up shop in Lancaster, hinting at that area’s potential to become a premier alternative energy hub. Creating a welcoming environment for such companies is a motivator driving longtime mayor and career lawyer R. Rex Parris. SGH2 last year signed a deal with the Antelope Valley city to build a first-of-its-kind plant called S2 that will use a NASA-developed method to incinerate the city’s recycled waste to create hydrogen, which could be used to fuel vehicles. In this interview, Parris says it’s “inevitable” that Lancaster will be known as a hydrogen hub and explains why he’s a big believer in alternative energy.

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A Retail Short Circuit

Fry’s Electronics permanently closes but leaves a legacy of thematic store design.

REAL ESTATE FOCUS

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Dude, Where’s My Vaccine Shot?

Didn’t we have nine months to plan for the rollout of the COVID-19 vaccine? So why was everyone so surprised and unprepared when millions of vials of the life-saving stuff were delivered on our state’s doorstep?

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Amgen Lung Cancer Drug Approved by FDA

The U.S. Food and Drug Administration gave accelerated approval to Lumakras, a drug from Amgen Inc. for adult patients with non-small cell lung cancer.

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Woodland Hills Investment Firm Buys Apartments in NoHo Opportunity Zone

Alliant Strategic Investments in Woodland Hills has acquired the Farmdale Apartments, a North Hollywood property located in a state-designated opportunity zone.

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Dine Brands’ Appetite for Growth Still Strong

RESTAURANTS: Analysts upbeat despite $135 million quarterly loss.

Analysts, executives upbeat about future prospects of Dine Brands Global Inc.

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