HEALTHCARERecent and archived news stories on: Biotechnology, Doctors, Drugs, Health Insurance, HMO's/PPO's, Hospitals, Medical Devices, Nursing...
Deborah Proctor will join the board of Front Porch, a Glendale-based nonprofit operator of senior and affordable housing communities, starting January.
Global Genes in Aliso Viejo expanded its board from eight members to 11 with the additions of Wendy White, Natalie Douglas, and Nauman Shah.
CareTrust REIT in San Clemente bought four skilled nursing properties in the Dallas-Fort Worth market for about $96 million and signed a new tenant to run them.
Allergan Plc. said it appointed Adriane Brown to its board of directors, effective in February. Brown is president and chief operating officer of Intellectual Ventures LLC, a privately held company in Bellevue, Wash., that provides invention-related services and buys patents.
American Vanguard Corp. in Newport Beach said its AMVAC Chemical Corp. subsidiary would help pay for research at Harvard University “to develop and potentially commercialize” technology aimed at killing the mosquito that spreads the Zika and other viruses.
Edwards Lifesciences Corp. in Irvine will buy Valtech Cardio Ltd in Or Yehuda, Israel, for $340 million in cash and stock in a deal expected to close early next year.
Allergan PLC has acquired Chase Pharmaceuticals, a clinical-stage biopharmaceutical company that focuses on drugs for Alzheimer’s disease. The acquisition price includes an upfront payment of $125 million, with additional regulatory and sales milestones part of the deal.
Allegro Ophthalmics LLC in San Juan Capistrano named Bill Link to its board.
Gavin and Ninetta Herbert will give $5 million to the Gavin Herbert Eye Institute to back retinal research into diseases that include glaucoma, diabetic retinopathy and retinal detachment.
Providence St. Joseph Health in Irvine plans to expand its home health care services franchise offerings by 50% over the coming year.
Irvine-based HCP Inc. appointed Chief Financial Officer Tom Herzog chief executive and to its board of directors, and Chief Investment Officer Justin Hutchens to the president’s role, effective in January 1, 2017.
Masimo Corp. received a $4.95 million grant from Bill & Melinda Gates Foundation in advance of World Pneumonia Day.
ReVision Optics Inc. in Lake Forest raised $32 million in an equity round led by Johnson & Johnson Development Corp. in New Brunswick, N.J.
Windjammer Capital Investors in Newport Beach acquired on undisclosed terms Advanced Instruments, LLC in Norwood, Mass.
Masimo Corp. will receive $300 million in this fiscal quarter from Koninklijke Philips NV to end their patent disputes.