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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Ellipse Files for IPO

Aliso Viejo-based Ellipse Technologies Inc. filed for an initial public offering with the Securities and Exchange Commission to raise up to $75 million.

Allergan’s Irvine Hub Poised for Boost on Appeal to Other Half

HEALTHCARE: Newly acquired double-chin drug hot, mostly for men

The Botox Cosmetic line and other products overseen by Allergan PLC’s hub in Irvine have long been favorites among well-heeled women.

Masimo Executives Outline Positions for Growth

Report: Company Could Develop ‘Third Pillar’

Irvine-based Masimo Corp. executives recently took to the road to share the patient monitor maker’s story with investors as it moves through the eighth year of its 10-year business plan.

Allergan to Shed Pair of Off-Campus Offices in Irvine

Marketed For Potential Creative-Office Uses

Allergan PLC has put a pair of office properties it owns in Irvine on the market. It’s the first time Allergan has tried to shed locally owned buildings since its sale to Actavis PLC this year.

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FDA Clears Additional Use for Edwards Sapien XT

Irvine-based Edwards Lifesciences Corp. said today that the Food and Drug Administration approved its Edwards Sapien XT replacement heart valve for aortic valve-in-valve procedures.

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Allergan’s Kythera to Lay Off 117

Kythera Biopharmaceuticals Inc. is cutting 117 workers – or more than half its workforce – after its acquisition earlier this month by Dublin, Ireland-based drug maker Allergan PLC in an all-cash deal valued at some $2.1 billion, according to a state filing.

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St. Joseph Health Puts $10M in Software Maker

Irvine-based St. Joseph Health has invested $10 million to expand its partnership with Boulder, Colo.-based Datu Health.

Strathspey Crown Pegs Pensions As Next Offering to Doctors

HEALTHCARE: Irvine parent taps banking vets for NY office

Newport Beach-based private equity fund Strathspey Crown Holdings LLC is keeping its focus on healthcare even as it plans to get into the financial management arena through a new subsidiary.

St. Joseph Hoag, Cigna Offer Health Plans

Irvine-based St. Joseph Hoag Health said that in January it will introduce health plans developed with insurer Cigna Corp.

ICU Medical Acquires NJ Device Maker

San Clemente-based ICU Medical Inc. said it’s buying Excelsior Medical Corp. in Neptune, N.J. for $59.5 million.

Boston Scientific Likes Innovation Institute Number

Device Maker’s Head Says It Likes Multiple Partners

The Innovation Institute LLC’s “multiple constituents” were a major factor in Boston Scientific Corp.’s move to be its inaugural medical technology partner, according to a company executive.

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St. Joseph Hoag, Cigna to Offer Plans

Irvine-based St. Joseph Hoag Health said today that in January it will introduce new health plans developed with insurer Cigna Corp.

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Pyott Gives $6.5M to Alma Mater

David Pyott, retired chief executive of Allergan, has donated 4.3 million pounds, or $6.5 million, to the London Business School.

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ICU Medical Buys N.J. Company

San Clemente-based ICU Medical Inc. said today that it was buying Excelsior Medical Corp. in Neptune, N.J. for $59.5 million.

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Allergan, Humana Teaming Up on Research

Allergan PLC, whose eye drug hub is located in Irvine, said today that it will collaborate with Louisville, Ky.-based insurer Humana Inc. on research that will include glaucoma and other eye diseases.