HEALTHCARE
Recent and archived news stories on: Biotechnology, Doctors, Drugs, Health Insurance, HMO's/PPO's, Hospitals, Medical Devices, Nursing...
Questcor Rises
Sales Gains Continue, Up-and-Down Shares Mostly Up These Days
Anaheim-based Questcor Pharmaceuticals Inc. has used one major drug to fire up revenue growth.
‘Pipeline in a Pill’
Nuedexta Led Avanir to Increase of 1,088%
Avanir Pharmaceuticals Inc. has ridden its “pipeline in a pill” to rapid growth over the past two years.
ICU Medical Answers Leadership-Change Questions
Founder George Lopez Is Moving to R&D Role
San Clemente-based ICU Medical Inc. is entering a new phase in its history, one in which Dr. George Lopez, its founder, is no longer running the show on a daily basis.
Questcor’s Slide Continues
Shares of Anaheim-based drug maker Questcor Pharmaceuticals Inc. continued their free fall today, a day after it confirmed that regulators have joined an ongoing investigation of the company.
Questcor Dips on Federal Probe News
Anaheim-based Questcor Pharmaceuticals Inc.’s stock fell in after-hours trading today on concerns over the widening of a U.S. Justice Department investigation of promotional practices for its primary drug.
Allergan Selling Obesity Intervention Business
Irvine-based Allergan Inc. said today that it has a deal to sell its Lap-Band and Orbera weight loss devices to Austin-based Apollo Endosurgery Inc. for $75 million in cash and other considerations.
Allergan Beats for Q3, Tamps Down Q4 Outlook
Irvine-based drug maker Allergan Inc. today reported third-quarter results that beat analysts’ estimates and issued guidance for the current quarter.
Edwards Cuts Forecast, Shares Down
Irvine-based Edwards Lifesciences Corp.’s shares fell today after the heart valve maker issued a lower-than-expected earnings forecast for the current quarter.
Drug Maker Dendreon Jumps on Sale Report
Dendreon Corp., a drug maker with a Seal Beach plant that employs an estimated 250 workers, surged today after published reports indicated it was putting itself up for sale.
USGI Cleared for Trial on Weight-Loss Devices
HEALTHCARE: Lauds FDA for ‘realistic’ approach
San Clemente-based USGI Medical Inc. is moving along with development of its less-invasive devices for weight loss.
Versant to Raise $250M for 5th Fund
Healthcare-oriented early stage investor Versant Ventures is raising a $250 million fund
Acacia Lost Ground After Medical Sector Proved Tough
Q3 Revenue Fell 55% From a Year Earlier
What a difference a year makes.
La Palma's Innovation Institute Gets Second Owner
The Innovation Institute, a La Palma company that was founded by Irvine-based St. Joseph Health, said today that Bon Secours Health System has joined it as an investor.
Sabra’s Q3 Results Mixed
Irvine-based Sabra Health Care REIT Inc. today reported mixed third-quarter results.
