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Irvine-based Allergan Inc. filed a federal lawsuit today that contends hostile suitor Valeant Pharmaceuticals International Inc. and activist investor Bill Ackman engaged in insider trading.
Newport Beach-based Cold Genesys Inc. said it received $13.57 million in first round of funding.
Shares of Valeant Pharmaceuticals International Inc., which is attempting to take over Irvine-based Allergan Inc., fell sharply today after it cut its 2014 and 2015 profit forecasts.
Irvine-based Edwards Lifesciences Corp. today reported second-quarter results that surpassed Wall Street’s expectations.
Fountain Valley-based MemorialCare Health System said today that its Miller Children’s Hospital formed an alliance with Torrance Memorial Medical Center.
Allergan Inc.’s promise of cost cuts and higher profits might have put the company out of its hostile suitors’ reach.
Newport Beach-based Alphaeon Corp. said today that it bought Physician Recommended Nutriceuticals LLC in a deal that it said could be worth up to $55 million.
Irvine-based Quality Systems Inc. today posted mixed financial results for the three months ended June 30.
Allergan Inc. said it will close three of its facilities around the U.S. and lay off about 1,500 employees over the next several months as part of a restructuring plan.
Allergan Inc. said it will cut about 1,500 jobs over the remainder of this year as part of a restructuring plan to save about $475 million next year.
HEALTHCARE: Allergan defenses run deep; CEO not targeted in board ouster
Time, it seems, is on Allergan Inc.’s side. That much started to come clear last week when activist investor Bill Ackman set off a ticking clock in the background of his hostile takeover bid for the Irvine-based drug maker.
Fullerton-based Marshall B. Ketchum University named Judy Ortiz the first dean of its College of Health Sciences and director of its new School of Physician Assistant Studies.
Chicago-based commercial real estate brokerage JLL acquired Cleo Construction Management in San Clemente for an undisclosed amount. Cleo specializes in construction and management of healthcare projects.
Auxilio Pays $2.7M for San Clemente Company
Mission Viejo-based Auxilio Inc., a managed print services company serving the healthcare industry, said it is acquiring information security manager Delphiis in San Clemente this month in a $2.7 million cash and stock deal.
Mission Viejo-based nursing home operator Ensign Group Inc. has agreed to acquire four care facilities in Los Angeles County from Keiro Senior HealthCare on undisclosed terms.