HEALTHCARERecent and archived news stories on: Biotechnology, Doctors, Drugs, Health Insurance, HMO's/PPO's, Hospitals, Medical Devices, Nursing...
Irvine-based drug maker Allergan Inc. has adopted a stockholder rights plan in response to a hostile takeover bid by Valeant Pharmaceuticals International Inc. and activist investor Bill Ackman.
Valeant Pharmaceuticals International Inc. will take its bid for Allergan Inc. directly to the Irvine-based drug maker’s shareholders.
Valeant Pharmaceuticals Inc., an unsolicited suitor of Irvine-based drug maker Allergan Inc., has set its bid for the acquisition at $47 billion.
Shares of Irvine-based drug maker Allergan Inc. jumped in after-hour trading today on reports of a takeover offer by Valeant Pharmaceuticals International Inc. and activist investor William Ackman.
HEALTHCARE: Pioneer’s startup to operate here as unit of N.Y. owner
Manufacturing is the key to the vast potential of stem cells.
Adventure City amusement park is adding a roller coaster that’s scheduled to open late summer. Rewind Racers, a $2 million coaster, will move both backward and forward. The two-acre park straddles the Stanton and Anaheim city line.
Coating Could Come Off, Lead to Stroke or Death
Covidien PLC’s voluntary recall of more than 600 Orange County-manufactured aneurysm devices will be a slight hit on its top line, according to industry watchers.
Irvine-based Allergan Inc. said today that it acquired a dermal filler candidate from Menlo Park-based incubator TauTona Group.
Irvine-based California Stem Cell Inc. said today that it was being acquired by NeoStem Inc. in a stock and cash deal that potentially could be worth $124 million.
Irvine-based heart valve maker Edwards Lifesciences Corp. shot up on Monday after it said that a U.S. District Court judge granted a preliminary injunction on rival Medtronic Inc.'s CoreValve in the U.S.
HEALTHCARE: Anaheim company to continue operations as own unit
It appears that the local operations of Questcor Pharmaceuticals Inc. would remain intact in the wake of Mallinckrodt PLC’s $5.6 billion proposed buyout of the Anaheim-based drug maker—the largest deal so far in what’s shaping up to be a busy year for mergers and acquisitions involving Orange County-based companies.
REAL ESTATE: Said close on buys of 2 buildings for 68,500 SF
Allergan Inc. is nearing a deal to buy a pair of office properties across the street from its headquarters in Irvine, according to real estate sources.
REAL ESTATE: Alphaeon’s plan counts on cash-pay lines
Alphaeon Corp., a startup lifestyle healthcare company that’s gotten notice as a potential candidate for an initial public offering later this year, has signed a deal to move its growing operations to the Lakeshore Towers office complex in Irvine.
Aliso Viejo-based medical device maker Sequent Medical Inc. raised $20 million in venture capital funding.
Says More Can Get Less Invasive Procedure Now
Irvine-based Edwards Lifesciences Corp.’s run of good news continued this month.