HEALTHCARE

Allergan Considers Options

Allergan PLC Chief Executive Brent Saunders told investors on Monday that the company is evaluating a range of strategic options, including “splitting the company.”

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Judge Denies Motions to Dismiss Mazzo Case

Judge Andrew Guilford ruled on Tuesday that the government can proceed with a third trial against health-care executive Jim Mazzo on insider trading charges.

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Allergan Q1 Beats Street Estimate

Allergan Plc posted first quarter earnings that beat analyst estimates and raised its revenue guidance for 2018.

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Judge to Rule Tuesday on Mazzo: Dismissal or Third Trial

Lawyers came to Judge Andrew Guilford’s courtroom on Monday with two motions and three arguments to prevent a third trial against Jim Mazzo for breaking insider trading rules.

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$10M for CHOC Autism Center

Children’s Hospital of Orange County plans to open an autism center at 170 S. Main St. in Orange in early 2019.

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Jaksch to Exec Chairman; ChromaDex Names New CEO

ChromaDex Corp. (Nasdaq: CDXC) said Chief Executive Frank Jaksch will become executive chairman and the company’s current president and chief operating officer, Rob Fried, will get Jaksch's role June 22, after the company’s annual meeting.

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Allergan Opens, Closes, Window on Shire

Allergan PLC won’t pursue a deal to buy Shire PLC, the company said, after earlier considering a bid.

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Cancer-Tester LAM Exits Stealth Mode

HEALTHCARE: Launched IvyGene; to expand Irvine HQ

Irvine-based Laboratory for Advanced Medicine Inc. isn’t pursuing a magic-bullet immunotherapy drug to cure all cancers yet, but it sure is in growth mode.

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Innovation Institute’s Incubator Delivers First Product

Partners With Apothecary For Full CVS Launch

Innovation Institute, founded five years ago as an incubator to commercialize internal medical innovation by doctors, nurses and other hospital care providers in its six health system-owners network, has done exactly that.

Masimo Positioned to Grow Telehealth Technologies

Hires Planned For Home-Care Frontier

Revenue from Irvine-based Masimo Corp.’s noninvasive patient monitoring technologies grew last year by 15% to $798.1 million, and Chief Executive Joe Kiani said the company plans to grow its new telehealth initiative.

Cryoport Soared to Best-Performing Stock of Bunch

FINANCE: Netlist was worst performer in TTM

Now the envelopes for the five best- and five worst-performing stocks during the year ended March 29:

Inari Medical Gets $27M

Irvine-based Inari Medical Inc. received $27 million in a series C round to support commercialization.

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Axonics Secures $40M

Irvine-based Axonics Modulation Technologies received a $40.1 million financing comprised of $20.1 million in equity and a $20 million credit facility.

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FivePoint to Bring $200M City of Hope

Five Point Holdings LLC and City of Hope said today they plan to build a $200 million cancer center at the Great Park Neighborhoods in Irvine.

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Fujifilm Buying Irvine Scientific

Fujifilm Holdings plans to buy a pair of cell culture media businesses owned by Japanese oil and metals conglomerate JXTG Holdings for about $800 million.

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