Orange County Business Journal

HEALTHCARE

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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Lombard In Aneurysm Device Deal

Irvine-based Lombard Medical Inc. said today it bought startup Altura Medical Inc. in a deal that could be worth up to $54 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.

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Irvine Med-Ed Firm Sets $20M IPO

Irvine-based Axis Research and Technologies Inc. today filed papers with the Securities and Exchange Commission seeking to sell $20 million worth of stock in an initial public offering.

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Allergan in $40B Generics Deal

Allergan PLC said today that it will sell its generic drug business for $40.5 billion in cash and stock to Teva Pharmaceutical Industries Ltd.

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Louisiana Hospital System Takes Innovation Institute Stake

The Innovation Institute in La Palma, founded with an investment from Irvine-based St. Joseph Health, said today that the Franciscan Missionaries of Our Lady Health System has become its fourth member and investor.

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Local Hospitals Make List

UC Irvine Medical Center and several other Orange County hospitals made the list of the “best hospitals” in California compiled by U.S. News & World Report.

Anaheim College Likes Smaller Size, Local Focus

EDUCATION: Biomedical tech, robotics key to programs

Parviz Shams doesn’t plan to expand the Southern California Institute of Technology—at least not directly.

Western Digital to Get Wellness Center

St. Joseph Hoag Health will open a wellness center at the Irvine headquarters of storage products maker Western Digital Corp. this month.

Kaiser, Anaheim Rescue Join in Project

Kaiser Permanente is working with Anaheim Fire & Rescue and other businesses and government agencies on a pilot program to provide emergency medical services.

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St. Joseph Hoag Opening Health Wellness Center at Western Digital

St. Joseph Hoag Health said today that it would open a wellness center in the Irvine headquarters of storage products maker Western Digital Corp. this month.

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Kaiser in Anaheim Pilot Project

Kaiser Permanente is working with Anaheim Fire & Rescue and other businesses and government agencies on a pilot program to provide emergency medical services.