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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UCI Names Vice Chancellor, Med School Dean

University of California-Irvine said today that Dr. Howard Federoff will be its new vice chancellor for health affairs and dean of the School of Medicine, effective July 1.

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Allergan Shareholders Vote for Actavis Deal

A majority of Irvine-based Allergan Inc.’s shareholders voted this morning to accept a takeover bid currently valued at $70.7 billion from Actavis PLC.

Allergan Purchase Pushes M&A Past $90B in 2014

Value Doubled, Even Without $70B+ Sale of Drugmaker

Orange County-based companies were buyers and sellers in 303 corporate mergers and acquisitions in 2014, a year of robust local deal activity that involved slightly fewer deals and many more dollars.

Glaucoma Specialist to Take Next Regulatory Step

HEALTHCARE: Device maker in Aliso Viejo has raised $77M

A well-funded eye device startup in Aliso Viejo is making regulatory progress in its quest to bring a new product to treat glaucoma to the U.S. market.

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Biolase Report Could Presage Growth

Irvine-based Biolase Inc.'s reported fourth-quarter and 2014 financial results this week that closed out a year of management shake-ups and difficulties that its chief executive said are behind the company.

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AtheroNova Files for Bankruptcy

Irvine-based AtheroNova Inc. and a subsidiary have filed for bankruptcy protection.

OC Schools Aim to Fill Key Rx of Reform

EDUCATION: Pharmacy programs in various stages at 3 universities

Three local universities want to launch pharmacy schools here, and they would join six others in Southern California and a total cadre of 11 statewide.

Device Maker Follows Side Effect Into New Niche

HEALTHCARE: Switch from respiratory to blood pressure aid

Rox Medical Inc. has shifted its business model as it seeks to lower the pressure—and possibly lure a buyer.

Proctor to Play Role in Pick of Successor at St. Joe

HEALTHCARE: CEO guided system into Hoag partnership

Veteran Orange County healthcare executive Deborah Proctor’s imprint will be felt by her successor.

Abbott Medical Brings Out New Intraocular Lenses

Two Versions of Tecnis To Restore Vision

Santa Ana-based Abbott Medical Optics continues to forge ahead with new products.

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2 OC Hospitals on Top 50 List

Saddleback Memorial Medical Center, with campuses in Laguna Hills and San Clemente, placed among the top 50 hospitals in America, according to review organization Healthgrades Operating Co. Inc.

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Pyott in Line for $100M Payout

Allergan Inc. Chief Executive David Pyott is in line for a severance payment of $100 million as a result of Actavis PLC’s pending buy of the Irvine-based drug maker, according to a federal filing.

Quality’s New Quantity

Adoption of Electronic Medical Records Prompts Diversification at Software Maker

Quality Systems Inc. has gone from darling to diversification, and the shift in gears looks to be giving the Irvine-based medical software maker and its shares a shot in the arm.

Pyott’s Victory Lap; New at Modo Mio; Just-Right Joyce

You heard it here first back in November, when the Insider picked up on vibes that Actavis PLC might take the Allergan name once it got its deal for the Irvine-based drugmaker done.

Allergan Brand Equity Seen as Key to Top Billing

HEALTHCARE: Name better known than buyer in $71B deal

Actavis PLC’s recent decision to take on the name and ticker symbol of Allergan Inc. after it completes its $70 billion acquisition of the Irvine-based drugmaker next month brought plaudits from the local business community, where the move was hailed as a worthy acknowledgment and good business sense.