Orange County Business Journal

HEALTHCARE

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

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.

Allergan Growth Outlook ‘Noteworthy Exception’

Among Best Large-Cap Growth Prospects

Irvine-based Allergan Inc. is offering “a precious commodity” for pharmaceutical investors—growth, according to one analyst.

Tease photo

Device Maker Presbia Files for IPO

Irvine-based eye device maker Presbia PLC on Thursday filed a registration statement with the Securities and Exchange Commission to offer $90 million in common stock.

Tease photo

Device Maker Presbia Files for IPO

Irvine-based eye device maker Presbia PLC today filed a registration statement with the Securities and Exchange Commission to offer $90 million in common stock.

AtheroNova Offering $15M in Stock, Plans Exchange Move

Irvine-based AtheroNova Inc. has filed papers with the Securities and Exchange Commission to sell $15 million worth of common stock and move its listing to the New York Stock Exchange.

Hoag Adds Services in 50,000-SF Expansion in HB

HEALTHCARE: Addition to existing center to open in April

Hoag Memorial Hospital Presbyterian is doubling its presence in Huntington Beach, where it plans to provide “integrated care” through a mix of services.

St. Joe’s Cuts Reflect New Dynamics for OC Hospitals

HEALTHCARE: Some service shifts to CHOC, Hoag Irvine

Recent layoffs at one of Orange County’s bigger hospitals appear to be a reaction to a number of changes in the local hospital landscape.

Gores Group Backs Device Maker’s Buy

HEALTHCARE: San Clemente company buys in Slovenia

A San Clemente-based medical laser maker has reached into Eastern Europe with help from a private equity firm in Los Angeles.