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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St. Joe Fills Chief Medical Slot

St. Joseph Hospital-Orange said Scott Rusk would be chief medical officer, effective immediately, with a mandate to “improve clinical quality and outcomes,” Chief Executive Jeremy Zoch said.

By Sherry Hsieh March 28, 2017 8 a.m. share »
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Anaheim Drugmaker Raises $4.2M

BioCorRx Inc. in Anaheim secured $4.2 million financing, including $940,000 in equity financing from nine investors and $1.7 million from Alpine Creek Capital, effective by March 24, a press release said.

By Sherry Hsieh March 22, 2017 11:46 a.m. share »
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FDA OKs Allergan Dermal Filler

Allergan PLC received Food and Drug Administration approval to market hyaluronic acid dermal filler Juvederm Vollure XC.

By Sherry Hsieh March 20, 2017 3:38 p.m. share »
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Alignment Snatches $115M

Irvine-based Alignment Healthcare secured a $115 million investment from New York-based private equity firm Warburg Pincus LLC to support its U.S. expansion.

By Sherry Hsieh March 9, 2017 10:02 a.m. share »
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OrthAlign Appoints CEO

Aliso Viejo-based OrthAlign Inc. appointed Eric Timko as chief executive and the chairman of the board.

By Sherry Hsieh March 1, 2017 3:51 p.m. share »
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AMO Now J&J Vision

Johnson & Johnson completed its $4.3 billion acquisition of Abbott Medical Optics Inc., a Santa Ana-based former subsidiary of Abbott Laboratories.

By Sherry Hsieh February 27, 2017 9:59 a.m. share »
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Avenu Medical Raises $13M

Avenu Medical Inc. in San Juan Capistrano has raised about $13.1 million through private placement, according to filings with the Securities and Exchange Commission.

By Sherry Hsieh February 20, 2017 10:26 a.m. share »
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$2.47B Allergan Buy Adds in Irvine

Allergan PLC announced that it will buy Pleasanton-based Zeltiq Aesthetics Inc.’s CoolSculpting System for $2.47 billion, or $56.50 per share, in a transaction that’s expected to be completed in the second half of 2017.

By Sherry Hsieh February 13, 2017 10:30 a.m. share »
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Glaukos Names New COO

San Clemente-based Glaukos Corp. promoted Chris Calcaterra as chief operating officer, effective immediately.

By Sherry Hsieh February 2, 2017 9:41 a.m. share »
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Ensign Buys in Texas

Mission Viejo-based Ensign Group Inc. acquired the real estate and operations of Parklane West Healthcare Center, a 124-bed skilled nursing and 17-bed assisted living facility in San Antonio, Texas, effective Feb. 1.

By Sherry Hsieh February 2, 2017 8:42 a.m. share »
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Edwards Up in Q4

Edwards Lifesciences Corp. in Irvine reported fourth-quarter earnings of $767.7 million, up 14.4% year-over-year. U.S. and international sales were $421.5 million and $346.2 million, respectively.

By Sherry Hsieh February 1, 2017 4:22 p.m. share »
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Hospital CEO Named

Fountain Valley Regional Hospital and Medical Center appointed Kenneth McFarland chief executive.

By Sherry Hsieh January 25, 2017 11:46 a.m. share »
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Healthcare REIT Gets New Exec

Irvine-based senior housing real estate investment trust HCP Inc. named Peter Scott executive vice president and chief financial officer.

By Sherry Hsieh January 23, 2017 12:48 p.m. share »
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Healthcare Data Firm in $34M Buy

Auxilio Inc. in Mission Viejo bought CynergisTek in Austin, Texas for up to $34.3 million—$26.8 million upfront and up to $7.5 million in milestone payments over the next five years.

By Sherry Hsieh January 17, 2017 11:07 a.m. share »
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Biolase CFO Resigns

Biolase Inc. in Irvine said Chief Financial Officer David C. Dreyer will resign effective Jan. 13 for “personal reasons unrelated to the company’s financial condition.”

By Michael de los Reyes January 10, 2017 1:46 p.m. share »