Orange County Business Journal

HEALTHCARE

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

Irvine Co. Expands on Wellness Center Concept in NB

REAL ESTATE: Plans medical office, fitness centerThe Irvine Company plans to build a fitness, wellness and healthcare facility in space it owns at the current site of a 24 Hour Fitness gym next to Fashion Island.

By Mark Mueller June 8, 2015 midnight   $$ Share
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Cianna Medical Raises $4M

Aliso Viejo-based Cianna Medical Inc. has raised $4 million, according to a U.S. Securities and Exchange Commission filing.

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Stem Cell Company Opens New SA Facility

PrimeGen Biotech LLC, a stem cell company, has moved from Irvine to a new facility in Santa Ana.

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Sabra Spends $234M for Nursing Homes

Irvine-based Sabra Health Care REIT Inc. said today that it bought four nursing homes in Maryland for $234 million.

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Hyundai Giving Final $2M Installment of Cancer Grant to CHOC

Fountain Valley-based Hyundai Motor America and its nonprofit, Hope on Wheels, will present a final $2 million installment of a $10 million research grant to Children’s Hospital of Orange County on Thursday.

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MemorialCare Names New Long Beach Boss

Fountain Valley-based MemorialCare Health System said today that John Bishop is the new chief executive of its Long Beach Memorial, Miller Children’s & Women’s Hospital Long Beach and Community Hospital Long Beach.

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KPC Health Names Richards CEO of Health Operations

KPC Health, a unit of the Riverside-based KPC Group, said today that it named Suzanne Richards chief executive of healthcare operations.

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FDA Clears Edwards Sapien 3 Valve

The Food and Drug Administration Wednesday approved Irvine-based Edwards Lifesciences Corp.’s Sapien 3 less-invasive heart valve.

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Allergan Adds to Aesthetics Line

Allergan Plc will buy Westlake Village, Calif.-based Kythera Biopharmaceuticals Inc. for cash and stock valued at $2.1 billion.

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Glaukos Sets IPO Terms

Laguna Hills-based device maker Glaukos Corp. has officially opened its upcoming initial public offering, according to a federal filing.

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NuGene Disavows Stock Mailer

Shares in Irvine-based NuGene International Inc. fell 39% Thursday to $2.61 and a market capitalization of $103 million after the skincare products development company said yesterday that it had no affiliation with a 28-page mailer touting the stock, but the stock recovered some ground Friday morning.

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Four Hospitals Change Their Names

The four Orange County hospitals owned by Santa Ana-based Integrated Healthcare Holdings Inc. have changed their names.

Will Allergan Cuts Resound in China? Holte’s High-Rise Act

Jinsong Ni isn’t too worried about the pink slip he got from Allergan last week, perhaps because he has a PhD in chemistry and years of experience on the nonclinical side of the drugmaker’s R&D—the sort of early-stage investments it pledged to cut at its Irvine HQ amid a hostile takeover bid by Valeant last year.

Ex-Allergan Exec to Cannabis Drug Firm

Douglas Ingram, former president of drugmaker Allergan Inc., joined the board of Costa Mesa-based startup Nemus Bioscience Inc. in the newly created role of vice chairman.

HCP Loads Up For Purchases, Including Senior Homes

Part of $750M Offering To Pay for 35-Building Buy

Irvine-based HCP Inc. recently made plans to sell $750 million in senior unsecured notes with an eye toward using the proceeds to fund more deals.