Orange County Business Journal

HEALTHCARE

Recent and archived news stories on: Biotechnology, Doctors, Drugs, Health Insurance, HMO's/PPO's, Hospitals, Medical Devices, Nursing...

British Heart Team Uses Edwards Valve in Implants

Doctor Said Device Could Extend, Improve Lives

Edwards Lifesciences Corp. recently hit another milestone with one of its less-invasive heart valves.

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Device Maker Plans $80M U.S. IPO

Lombard Medical Inc., a British medical device maker with U.S. headquarters in Irvine, has filed a registration statement with the Securities and Exchange Commission for an $80 million initial public offering on the Nasdaq exchange.

Thumbs Up, ‘Hands Down’ for New Merage School Dean

Eric Spangenberg must be feeling plenty flattered over the recruiting job done by UCI to land him as dean for its Paul Merage School of Business.

ADDENDUM

Banc of California in Irvine acquired RenovationReady in Greenwood Village, Colo. on undisclosed terms. RenovationReady provides home-renovation lending services. Its president and co-founder, Jim Fraser, will join the bank as senior vice president and director of construction and renovation lending.

Medical Device Tax Repeal Bid Emerges in New Form

Latest in String of Efforts To Kill 2.3% Revenue Tax

A longtime effort to repeal a federal tax on medical device makers’ revenue is bubbling up again.

Volume Here Bucks Nat’l Trend for 3% Jump on 310 Deals

Number of Deals Down 11% in U.S.; Total Value Up

The pace of merger-and-acquisition activity by Orange County businesses rose by about 3% in 2013, capping the year at 310 deals.

San Clemente Company in Slovenia Deal With Gores Group

Technology4Medicine LLC in San Clemente and Los Angeles-based private equity firm Gores Group have acquired Fotona d.d, a medical laser maker in Ljubljana, Slovenia.

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Smile Brands Names New Chief Executive

Irvine-based Smile Brands Group Inc. has appointed Dan Wechsler as its president and chief executive.

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Ensign Buys Arizona Nursing Home

Mission Viejo-based nursing home operator Ensign Group Inc. said today that it bought Horizon Post-Acute and Rehabilitation Center in Glendale, Ariz. A purchase price wasn’t disclosed.

Burress by the Hour; Doti’s Roadmap; Bealls’ Starry Night

Jay Burress had a lot of good news to go over on his first full year as president and CEO of the Anaheim/Orange County Visitor & Convention Bureau.

‘Cosmeceutical’ Pioneer Sees Fast Growth on ZO Line

HEALTHCARE: Irvine skincare line at $20M, 55 workers

Irvine-based ZO Skin Health Inc. wants to redirect women from the cosmetic counter to their doctor’s office.

Fundraising and All That Jazz

Garth Hogan, Newmark Grubb Knight Frank’s executive managing director of Global Healthcare Services;

ADDENDUM

Chase Bank is laying off 168 employees from its mortgage operations in Irvine by early March.

Allergan Ups Retinal Disease R&D With Collaboration

Will Work With Voyant on Possible New Drugs

Irvine-based Allergan Inc. is adding to its programs for potentially treating age-related macular degeneration.

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Endologix Collapses on Guidance

Shares of Irvine-based Endologix Inc. plunged today after it provided full-year financial guidance below Wall Street expectations.