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Amgen CFO To Retire

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Thousand Oaks-based biotech giant Amgen said today that its CFO, David W. Meline, is planning to retire, serving as CFO through the end of 2019, but will remain at the company through the second quarter of 2020. READ MORE>>.

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Activist Investor Third Point Urges Amgen Split

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Thousand Oaks-based biotech giant Amgen is a target of activist investor group Third Point , urging the company yesterday to split the company in two. amgen third point activist investors merger acquisition split private equity thirdpoint' READ MORE>>.

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Xirrus Acquired By Riverbed

socalTECH

Thousand Oaks-based wireless networking equipment maker Xirrus has been acquired by Riverbed , to help bolster its SD WAN efforts, the two said on Wednesday. The company had counted Microsoft, University of Mississippi, Liverpool Football Club and Paul Hastings Law Firm as major customers.

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Bryant Stibel's Kobe Bryant Dies In Helicopter Crash

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Kobe Bryant , the basketball legend who also was one half of Los Angeles private equity investment firm Bryant Stibel , is dead at the age of 41, after a tragic helicopter crash in Calabasas took his life, the life of one of his daughters, and seven others. READ MORE>>.

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ImmunGene Raises $9M

socalTECH

Thousand Oaks-based ImmunGene , a startup biotech company developing antibody-based, protein therapeutics for treating cancer, said today that it has raised $9M in a Series A funding, to advance its early stage development products. According to the company, the funding came from Ally Bridge Group.

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Amgen Backs Therapeutic Antibody Firm

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Thousand Oaks-based biotech giant Amgen has backed a developer of therapeutic antibodies, via its venture capital arm, Amgen Ventures. According to Seattle-based Theraclone Sciences , Amgen Ventures was one of the investors in a $10.6M, Series B extension round for the company. READ MORE>>.

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Ceres, Novozymes In Biofuels Collaboration

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Thousand Oaks-based Ceres , a developer of biofuel crop technology, and Novozymes , a developer of enzymes, said today that the two have entered into a research collaboration around cellulosic biofuel production. Ceres is working on both crops to optimize the amount of sugar which can be used to produce biofuel. READ MORE>>.