Orange County Business Journal

HEALTHCARE

Recent and archived news stories on: Biotechnology, Doctors, Drugs, Health Insurance, HMO's/PPO's, Hospitals, Medical Devices, Nursing...
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Trial Date on Special Allergan Meeting Set

A Delaware Chancery Court judge today set a Oct. 6 date for a trial over the timing of a special meeting of Irvine-based Allergan Inc. shareholders.

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Aliso Viejo-Based Device Maker Sold

Aliso Viejo-based WaveTec Vision Systems Inc. will be bought by Alcon Inc., according to a statement issued today.

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Wisconsin Firm Hiring 700 in Brea

Alta Resources, a Neenah, Wis.-based business process outsourcing company, is planning to hire some 700 workers for its Brea facility.

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Allergan Sets Special Shareholder Meeting

Irvine-based Allergan Inc. will host a special shareholders’ meeting on Dec. 18, according to a court filing today.

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Allergan Confirms Shareholder Meeting Request

Irvine-based Allergan Inc. has confirmed it received written requests from shareholders to call a special meeting requested by activist investor Bill Ackman’s Pershing Square Capital Management LP.

Ups & Downs for Allergan; Devil of a Case; Augie on Ice

Last week had some wags wondering if Allergan CEO David Pyott might be forced into an error by spending too much on an acquisition in hopes of putting the Irvine-based drug maker out of reach of hostile pursuers Valeant Pharmaceuticals and New York hedge funder Bill Ackman.

Pennsylvania Firm to Buy Skilled Healthcare

Foothill Ranch-based Skilled Healthcare Group Inc. said it’s being bought in an all-stock deal by Kennett Square, Pa.-based Genesis HealthCare.

Analyst Sees ‘Smooth Transition’ for New Allergan CFO

Personal Decision Prompts Move, New CFO Praised

Irvine drug maker Allergan Inc. has a new chief financial officer as it works to fight off hostile suitor Valeant Pharmaceuticals International Inc.

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CNBC: Threshold Met for Special Meeting on Allergan

Valeant Pharmaceuticals International Inc. and activist investor Bill Ackman’s Pershing Square Capital Management LP will submit a request today to Irvine-based Allergan Inc. calling for a special meeting of shareholders, according to reports.

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UCI Chem Prof in Cancer Business Venture

A University of California-Irvine chemistry professor is an equity partner in Novonco Therapeutics Inc., a new company in Los Angeles founded to treat cancer patients.

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CSUF Trust Summit Names Honorees

Several local companies were honored for being the “best connected to their treasured customer base,” during the OC Trust Summit Thursday at California State University-Fullerton.

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Skilled Healthcare Being Bought By Genesis

Foothill Ranch-based Skilled Healthcare Group Inc. said today that it is being bought in an all-stock deal by Kennett Square, Pa.-based Genesis HealthCare. A purchase price was not disclosed.

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Allergan Names Hindman CFO

Irvine-based Allergan Inc. said today that it named Jim Hindman its new chief financial officer.

Green Grows OC Pot Sector

Businesses Sprout to Support Burgeoning Industry

The Green Rush has hit Orange County. Several local companies, from packaging makers to grow-kit specialists, are aiming to cash in on the recreational and medicinal marijuana market that’s booming across the country despite a hazy regulatory environment.

Hostile Bid for Allergan Hits Additional Hurdles

HEALTHCARE: 2nd FTC request for info could greatly slow, even kill deal

The hostile takeover attempt for Irvine-based Allergan Inc. by Valeant Pharmaceuticals International Inc. is moving into deeper regulatory waters, something likely to add additional months to the battle and that could even scuttle it.