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Amgen Completes Onyx Pharmaceuticals Tender Offer

socalTECH

Thousand Oaks-based Amgen reported this morning that it has completed its tender offer for Onyx Pharmaceuticals , and now expects its acquisition to complete today. billion net of estimated cash at Onyx. Amgen said the deal is worth $9.7

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Amgen Buys Onyx Pharmaceuticals For $10.4 Billion

socalTECH

Thousand Oaks-based biotech giant Amgen announced Sunday that it has acquired San Francisco biopharmaceuticals company Onyx Pharmaceuticals , in a deal worth $10.4 Onyx is a developer of biopharmaceuticals used to help patients with cancer. billion net of the estimated cash on hand at Onyx. The deal is worth $9.7

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Ceres Files For IPO

socalTECH

Thousand Oaks-based Ceres , the developer of seeds aimed at producing renewable, biomass feedstocks for the biofuels industry, has filed for an IPO. The firm said it had a net loss of $22.5M The firm's IPO is being underwritten by Goldman, Sachs & co., and Barclays Capital. and Barclays Capital. on revenues of $6.6M

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Nexsan Updates S-1

socalTECH

In a sign that Thousand Oaks-based Nexsan might be ramping up its IPO efforts again, after a delay last year, the firm filed an updated S-1 this week. The provider of data storage equipment reported that it had net income of $0.5M in net income of $19.28M in revenues for the three months ended September 30, 2010.

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Inphi Files For IPO

socalTECH

a developer of high speed, analog semiconductors, has filed for an IPO, saying late Wednesday evening in a filing with the SEC it is looking to raise up to $115M in an IPO on the NYSE. In its S-1, the firm said it had net income of $7.3M In the latest Southern California firm to target the public markets, Inphi Corp. , READ MORE>>.

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Bio Roundup: Mylan’s Shock, Hillary’s 3%, Duchenne Lessons & More

Xconomy

—Amgen (NASDAQ: AMGN ) of Thousand Oaks, CA, said that the FDA rejected its drug etelcalcetide (Parasbiv) , a treatment for patients with an excess of damaging hormone release because of chronic kidney disease. Morgan party. The firm has since pledged to help close the gender gap among biotech leadership.

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