Orange County Business Journal


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

Ophthalmology Pioneer Steinert ‘The Very Best’

OBITUARY: Innovator, leader, Renaissance manFriends, peers and industry executives say Dr. Roger Steinert was “a giant in the world of ophthalmology.”

By Sherry Hsieh June 23, 2017 10:57 a.m.   $$ Share
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Vanguard Enhances Nursing Ed

Vanguard University in Costa Mesa plans several additions to its nursing programs.

By Deirdre Newman June 22, 2017 2:42 p.m. share »
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MemorialCare Expands Pediatric Care

Miller Children’s & Women’s Hospital Long Beach, one of MemorialCare Health System’s five hospitals, said it will work with UCLA Mattel Children's Hospital, part of UCLA Health, on pediatric care.

By Sherry Hsieh June 22, 2017 2:12 p.m. share »
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ClearFlow Gets FDA OK

Anaheim-based medical device maker ClearFlow Inc. secured Food and Drug Administration approval for the FlowGlide Active Clearance Technology System, a device that clears chest tubes to prevent or reduce retention of blood and fluids.

By Sherry Hsieh June 21, 2017 9:09 a.m. share »
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HCP in $26M Building Buy

An affiliate of Irvine-based HCP Inc. bought the two-building Scripps Wateridge Corporate Center office campus in Sorrento Mesa, a neighborhood in northwestern San Diego County, for $26.1 million, according to CoStar Group and public data.

By Lou Hirsh June 15, 2017 10:21 a.m. share »
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UCI Eye Institute Founder Dies

Dr. Roger Steinert, chair of the University of California-Irvine school of medicine’s department of ophthalmology and founding director of its Gavin Herbert Eye Institute, died on June 6 at his home in Colorado after a battle with brain cancer.

By Sherry Hsieh June 8, 2017 4:29 p.m. share »
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Allergan To Buy Implant Maker

Allergan PLC will buy Stuart-Fla.-based Keller Medical Inc. in Stuart, Fla., which makes a breast implant insertion device that reduces surgeon and patient contact during surgeries.

By Sherry Hsieh June 8, 2017 11:44 a.m. share »
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Genetic Tests Maker Cuts Jobs

Ambry Genetics Corp. plans to cut 99 jobs at its facility in Irvine next month, according to a Worker Adjustment and Retraining Notification it filed with the state Employment Development Department.

By Mediha DiMartino May 30, 2017 9:58 a.m. share »
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Mistrial in Mazzo Insider-Trading Case

A mistrial was declared Friday in the insider trading case against Jim Mazzo, global president of ophthalmic devices at Carl Zeiss Meditec AG in Germany, while two others—former Angels player Doug DeCinces and friend David Parker—were found guilty of multiple charges, the U.S. Department of Justice said.

By Sherry Hsieh May 15, 2017 10:44 a.m. share »
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Healthcare REITs to Merge

Sabra Health Care REIT Inc. in Irvine and Care Capital Properties Inc. in Chicago plan an all-stock merger that’s expected to close in the third quarter.

By Sherry Hsieh, Paul Hughes May 8, 2017 9:29 a.m. share »
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Axonics Raises $14.5M

Axonics Modulation Technologies Inc. closed $14.5 million in series C financing, pushing its total fund-raising past the $85 million mark.

By Sherry Hsieh May 2, 2017 11:29 a.m. share »
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Eye Device Maker Lands $21M

Irvine-based LensGen Inc. has closed $21 million series A financing, with an option to expand the financing commitment by an additional $5 million.

By Sherry Hsieh May 2, 2017 10:32 a.m. share »
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China Billionaire to Take ChromaDex Stake

ChromaDex Corp. in Irvine said Hong Kong investor Li Ka-shing would buy up to $25 million of its common stock in a private placement.

By Paul Hughes April 27, 2017 11:33 a.m. share »
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FDA Approves Allergan Dry Eye Device

Allergan PLC received Food and Drug Administration approval for TrueTear Intranasal Tear Neurostimular, a device that temporarily increases tear production via electrical stimulation.

By Sherry Hsieh April 25, 2017 12:51 p.m. share »
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Glaukos’ $5.5M Buy Grows Line

Glaukos Corp. in San Clemente paid $5.5 million to Dose Medical Corp. in Laguna Hills for wireless sensor technology to incorporate into Glaukos’ eye stent product line to treat glaucoma.

By Sherry Hsieh April 14, 2017 11:31 a.m. share »
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Biolase to Raise Up to $17.6M

Biolase Inc. in Irvine plans to raise up to $17.6 million, including warrants, in a private placement with several investors.

By Paul Hughes April 13, 2017 11:02 a.m. share »