Orange County Business Journal


Recent and archived news stories on: Biotechnology, Doctors, Drugs, Health Insurance, HMO's/PPO's, Hospitals, Medical Devices, Nursing...
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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 »
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Quality Systems in $34M Buy

Quality Systems Inc. subsidiary NextGen Healthcare Information Systems LLC will buy Entrada Inc. for $34 million.

By Sherry Hsieh April 12, 2017 12:40 p.m. share »
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Alliance Goes Private

Alliance HealthCare Services Inc. in Newport Beach will be taken private by Tahoe Investment Group Co., Ltd. in Fuzhou, China in a deal that values Alliance at about $145 million.

By Sherry Hsieh April 11, 2017 11:04 a.m. share »
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Concierge Health App Planned

Former Alphaeon Corp. Chief Executive Robert Grant said he will launch an app this fall for consumers to schedule and access on-demand specialist physicians in fields such as orthopedics, cardiology and brain surgery.

By Sherry Hsieh April 7, 2017 9:40 a.m. share »
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Endologix Signs $170M Debt Deal

Endologix Inc. in Irvine agreed on a debt package of $170 million with New York private equity firm Deerfield Management Co., which now also holds rights to buy 6.5 million Endologix shares at $9.23 apiece.

By Sherry Hsieh April 6, 2017 1:23 p.m. share »
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Apax to buy Syneron for $397M

Apax Partners LLC has agreed to buy Syneron Medical Ltd. for $397 million in cash.

By Sherry Hsieh April 3, 2017 12:10 p.m. share »
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HCP President to Depart

HCP Inc. President Justin Hutchens will leave the Irvine-based healthcare-focused real estate investment trust to lead Darlington, England-based HC-One Ltd. as chief executive.

By Sherry Hsieh April 3, 2017 11:49 a.m. share »
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Chapman Dean Adds Pharma Group Duties

Nancy Alvarez, assistant dean of experiential education and continuing professional development for Chapman University’s School of Pharmacy, was inducted Monday as the 162nd president of the American Pharmacists Association.

By Deirdre Newman March 28, 2017 3:04 p.m. share »
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St. Joe Fills Chief Medical Slot

St. Joseph Hospital-Orange said Scott Rusk would be chief medical officer, effective immediately, with a mandate to “improve clinical quality and outcomes,” Chief Executive Jeremy Zoch said.

By Sherry Hsieh March 28, 2017 8 a.m. share »
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Anaheim Drugmaker Raises $4.2M

BioCorRx Inc. in Anaheim secured $4.2 million financing, including $940,000 in equity financing from nine investors and $1.7 million from Alpine Creek Capital, effective by March 24, a press release said.

By Sherry Hsieh March 22, 2017 11:46 a.m. share »
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FDA OKs Allergan Dermal Filler

Allergan PLC received Food and Drug Administration approval to market hyaluronic acid dermal filler Juvederm Vollure XC.

By Sherry Hsieh March 20, 2017 3:38 p.m. share »
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Alignment Snatches $115M

Irvine-based Alignment Healthcare secured a $115 million investment from New York-based private equity firm Warburg Pincus LLC to support its U.S. expansion.

By Sherry Hsieh March 9, 2017 10:02 a.m. share »
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OrthAlign Appoints CEO

Aliso Viejo-based OrthAlign Inc. appointed Eric Timko as chief executive and the chairman of the board.

By Sherry Hsieh March 1, 2017 3:51 p.m. share »
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AMO Now J&J Vision

Johnson & Johnson completed its $4.3 billion acquisition of Abbott Medical Optics Inc., a Santa Ana-based former subsidiary of Abbott Laboratories.

By Sherry Hsieh February 27, 2017 9:59 a.m. share »
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Avenu Medical Raises $13M

Avenu Medical Inc. in San Juan Capistrano has raised about $13.1 million through private placement, according to filings with the Securities and Exchange Commission.

By Sherry Hsieh February 20, 2017 10:26 a.m. share »