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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Allergan Asks Court to Block Ackman Share Vote

Irvine-based Allergan Inc. asked a federal court in Santa Ana to block activist investor Bill Ackman and his Pershing Square Capital Management LP from voting its 10% stake at an upcoming special meeting.

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$6M for San Clemente Device Maker

San Clemente-based Vertiflex Inc. raised $6 million in funding, according to a filing with the Securities and Exchange Commission.

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MemorialCare Takes Full Ownership of Imaging Centers

Fountain Valley-based MemorialCare Health System said today that its MemorialCare Medical Foundation is now the sole owner of eight imaging centers located in Orange County and Long Beach.

Unlikely Air Traffic Controller

Edwards’ Weisner Kept Legal Aligned With Business Strategy in $1B+ Medtronic Case

Aimee Weisner was setting the strategy that led to Edwards Lifesciences Corp.’s $1 billion-plus patent lawsuit settlement against rival Medtronic Inc.

OC Insurance Brokers Aim for Middle to Offset Corporate Migration

Credit some of Orange County’s biggest insurance brokers with quick adjustments to shifts in California’s corporate landscape.

The Art of Protecting Drug Patents

Allergan GC Takes Team Approach for Near-Perfect Case Record

William Scarff Jr. concentrates on protecting the driving force in the drug industry: patents on major medications.

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Pyott Leaves Edwards Board

Allergan Inc. Chief Executive David Pyott has resigned as a director of Edwards Lifesciences Corp.

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Jury Orders $467M Patent Award to Masimo

A federal jury said today that Irvine-based Masimo Corp. should receive $467 million from Philips Electronics NA, a unit of Netherlands-based Royal Philips Electronics NV, for having infringed a pair of patents covering technology for measuring blood oxygen and tracking pulse rates.

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Allergan Gets New FDA Nod on Eye Drug

Irvine-based drug maker Allergan Inc. said the U.S. Food and Drug Administration approved its Ozurdex 0.7 mg biodegradable steroid implant for general use in treating diabetic macular edema.

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Ensign Buys in Arizona

Mission Viejo-based Ensign Group Inc. bought an assisted living facility in Tucson, Ariz., the company said.

Can Valeant Keep It Up?

HEALTHCARE: Bid for Allergan looks light despite last week’s stir

Did Valeant Pharmaceuticals International Inc. make David Pyott’s point last week?

Device Maker Raises $25M for Stent

Irvine-based Ivantis Inc. said it raised $25 million in its second round of financing. It said it plans to use the money to support ongoing clinical trials for its Hydrus microstent, which is implanted into the eye to treat glaucoma. Glaucoma is a major cause of blindness around the world.

House Votes Yet Again to Repeal Medical Device Tax

Senate Divided on Levy Meant to Boost Reform

One of the medical device industry’s favorite topics—repealing a federal tax on its companies’ revenues—has resurfaced yet again in Congress.

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Mazzo Resigns From Microsemi’s Board

Aliso Viejo-based Microsemi Corp. said that James V. Mazzo has resigned from its board of directors.