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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Sequent Medical Raises $20M

Aliso Viejo-based medical device maker Sequent Medical Inc. has raised $20 million in venture capital funding.

Top Public Cos. Total $134B on 18.7% Gain in Market Cap

ECONOMY: Allergan No. 1 again; Western Digital adds $9.6B

Orange County’s largest publicly traded companies combined for a cool $20 billion boost to their market valuations over the past year, thanks to strong gains by Allergan Inc. and Western Digital Corp., the largest representatives of the local healthcare and technology sectors.

Pyott’s Place: Not Big Pharma

CEO: Cash-Pay Lines, Less Bureaucracy Set Allergan Apart

Call Allergan Inc. the biggest publicly traded company in Orange County. Just don’t call it “Big Pharma.”

Regulators Accept Avanir’s New-Drug Application

AVP-825 Drug-Device Combo to Treat Migraines

Aliso Viejo-based Avanir Pharmaceuticals Inc. wrapped up last month in a busy fashion.

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Hoag Extends Obligation on Women’s Health Services

Hoag Memorial Hospital Presbyterian has entered into a voluntary agreement with state Attorney General Kamala Harris’ office to extend its obligation to provide women’s health services.

New Pharmacy School Gets ‘Leg Up’ From Allergan

EDUCATION: Drug maker gives Chapman program $500K

Chapman University’s new School of Pharmacy is offering a five-year, fast-track path to a doctor of pharmacy degree with the help of a $500,000 grant from the Allergan Foundation, the charitable arm of Irvine-based drug maker Allergan Inc.

Startup Device Maker Raises $32.5M

Irvine-based Axonics Modulation Technologies Inc. completed a $32.5 million first round of financing.

ADDENDUM -- Week of March 31

The Defense Advanced Research Projects Agency in Arlington, Va., awarded Boeing Co.’s operations in Huntington Beach a $30.7 million contract to support development of a system to use aircraft for satellite launches at a cost savings compared to rocket-fueled launches.

Questcor Pharmaceuticals Responds to Recent ‘Bear Raid’

Acthar Maker Says Shorts Have Caused Volatility

Questcor Pharmaceuticals Inc., one of Orange County’s more volatile public companies, recently released a lengthy federal filing addressing what it characterized as a “bear raid” by short sellers.

Sonendo Raises $10 Million

Sonendo Inc., a Laguna Hills-based dental device company, closed a $10 million venture debt financing with Alexandria, Va.-based Oxford Finance LLC.

$32.5 Million for Irvine Device Maker

Irvine-based Axonics Modulation Technologies Inc. said today it completed a $32.5 million first round of financing.

Device Designer to Stay Local Under New Owner

HEALTHCARE: Sees benefit in Illinois company’s size

An Irvine design and engineering firm that develops products for medical device and biotech companies has been sold to a larger competitor.

UK Device Maker Eyes Offering Here

HEALTHCARE: Lombard’s US operations in Irvine

A British medical device maker that has its U.S. headquarters in Irvine is seeking its fortune in the U.S.

ADDENDUM - March 24

Irvine-based Motorcycle Industry Council hired Erik Pritchard as its general counsel. The appointment was effective immediately and fills a spot left open by the departure of Paul Vitrano, who recently joined snowmobile and ATV maker Polaris Industries as vice president for global government relations.