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Stock impact report

Biotechnology Expands in Southern California [Los Angeles Times (CA)]

Novartis AG (NVS) 
Last novartis ag earnings: 4/28 01:00 am Check Earnings Report
US:NYSE Investor Relations: novartis.com/investors
Southern California has had a flurry of activity—from investments by major companies to acquisitions and an IPO—over the past 12 months that solidify its role as a growing life science hub . From San Diego's major cluster of companies to Amgen in Thousand Oaks, the industry's growth has boosted prospects for new drug developments and delivery systems. Northridge-based MiniMed Group Inc. (NASDAQ: MMED) began trading on March 6 as a split-off from Medtronic . The company is a global leader in insulin delivery, advancing therapies that support people with diabetes in 80 countries. “Now, with a singular focus and renewed purpose, we're poised to shape the future of diabetes care as the only company that commercializes a fully integrated insulin delivery system with connected devices designed to work seamlessly together,” said Que Dallara, chief executive of MiniMed, in a statement. Following that announcement, the company's board authorized a stock repurchase plan that allows it to r Show less Read more
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