Orange County Business Journal


Recent and archived news stories on: Biotechnology, Doctors, Drugs, Health Insurance, HMO's/PPO's, Hospitals, Medical Devices, Nursing...

Allergan Brass Talk Up Recent Deals, Road Ahead

Discuss Buys, Cite Benefits From CombosAllergan PLC has been building up its Irvine-focused business lines through deals and is sharing its thoughts on the company with Wall Street.

By Vita Reed July 20, 2015 midnight   $$ Share
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MemorialCare and Aetna Collaborating on Network

Fountain Valley-based MemorialCare Health System said today it is collaborating with West Hartford, Conn.-based Aetna Inc. on a new accountable care network.

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ReShape Gets $38M in Financing

San Clemente-based ReShape Medical Inc. said today it received a $38 million round of financing.

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St. Joseph Hoag, Masimo Plan Wellness Center

St. Joseph Hoag Health and Masimo Corp., both based in Irvine, said today that they plan to open a wellness center.

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UC Irvine Geriatric Health Unit Receives $2.5M

UC Irvine Health, the medical enterprise of the University of California-Irvine, said its division of geriatric medicine and gerontology received a three-year, $2.5 million grant from the U.S. Department of Health and Human Services.

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JenaValve Nabs $26.5M Financing

Irvine-based startup device maker JenaValve Technology Inc. said today it completed a $26.5 million found of financing.

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UCI Physician Receives $3.1M Grant

UC Irvine Health, the medical enterprise of the University of California-Irvine, said today that Dr. Shaista Malik received a five-year, $3.1 million grant from the National Institutes for Health’s National Heart, Lung and Blood Institute.

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Masimo Q2 Beats Projections

Irvine-based patient monitor maker Masimo Corp. today topped Wall Street forecasts with its second-quarter financial results.

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Cox Named to Pasadena Eye Device Maker’s Board

Chris Cox, a former member of the U.S. House of Representatives and chairman of the U.S. Securities and Exchange Commission, is a new board member at Pasadena-based Calhoun Vision Inc.

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Ensign Buys in Wisconsin

Mission Viejo-based Ensign Group Inc. said today that it bought 15 assisted living facilities in the suburbs of Milwaukee and other areas in Wisconsin.

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St. Joseph Health in Talks on Affiliation

Irvine-based St. Joseph Health System is near a deal for an affiliation with Providence Health & Services, which has extensive operations in Los Angeles County among other markets in the western U.S.

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Lombard In Aneurysm Device Buy

Irvine-based Lombard Medical Inc. said today it bought startup Altura Medical Inc. in a deal that could be worth more than $50 million, depending upon milestones.

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Edwards Director Steps Down

Irvine-based Edwards Lifesciences Corp. said today that Robert Ingram has retired from its board of directors.

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FDA OKs ReShape Medical’s Device

San Clemente-based ReShape Medical Inc. said the Food and Drug Administration approved its ReShape Integrated Dual Balloon device for non-surgical weight loss.

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Edwards Beats on Profit, EPS Down in Q2

Irvine-based Edwards Lifesciences Corp. reported financial results today that exceeded analysts’ forecasts in some areas though earnings per share declined.

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Kareo Raises $55 Million

Irvine-based Kareo Inc. said today that it has received a $55.4 million investment.