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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Eye Stent Developer Gets $25M

Ivantis Inc. in Irvine closed on a $25 million Series C funding round for development and eventual marketing of a stent intended for use in glaucoma surgery.

By Paul Hughes January 9, 2017 11:11 a.m. share »
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CM Insurer Joins National Broker

Centennial Group Benefits in Costa Mesa merged with 23 other U.S. insurance brokers to form Alera Group, backed by San Francisco private equity firm Genstar Capital LLC.

By Paul Hughes January 4, 2017 5:14 p.m. share »
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Ensign Buys Assisted Living Land

Ensign Group Inc. in Mission Viejo bought the parcels under 15 assisted living facilities it runs in Wisconsin and plans to buy more land under the healthcare properties it operates in more than a dozen states.

By Paul Hughes December 27, 2016 4:58 p.m. share »
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Masimo Gets Sensor OK

Masimo Corp. in Irvine received FDA clearance for the sale of its TFA-1 Single-Patient-Use Adhesive Forehead Sensor.

By Sherry Hsieh December 21, 2016 10:51 a.m. share »
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Allergan in $2.9B Aesthetics Buy

Allergan plc bought LifeCell Corp., which develops aesthetic and regenerative medicine used in plastic surgery, for $2.9 billion, in a deal expected to close in the first quarter.

By Sherry Hsieh December 20, 2016 11:27 a.m. share »
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Sonendo Funding Tops $100M

Sonendo Inc. in Laguna Hills received $35 million in an extension of a Series D funding round that brings the privately held dental device maker’s total funding to more than $100 million.

By Paul Hughes December 19, 2016 12:13 p.m. share »
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Proctor Joins Senior Living Board

Deborah Proctor will join the board of Front Porch, a Glendale-based nonprofit operator of senior and affordable housing communities, starting January.

By Sherry Hsieh December 16, 2016 11:36 a.m. share »
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Genetics Nonprofit Grows Board

Global Genes in Aliso Viejo expanded its board from eight members to 11 with the additions of Wendy White, Natalie Douglas, and Nauman Shah.

By Michael de los Reyes December 13, 2016 2:49 p.m. share »
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CareTrust in $96M Texas Buy

CareTrust REIT in San Clemente bought four skilled nursing properties in the Dallas-Fort Worth market for about $96 million and signed a new tenant to run them.

By Paul Hughes December 2, 2016 10:10 a.m. share »
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Allergan Expands Board

Allergan Plc. said it appointed Adriane Brown to its board of directors, effective in February. Brown is president and chief operating officer of Intellectual Ventures LLC, a privately held company in Bellevue, Wash., that provides invention-related services and buys patents.

By Sherry Hsieh November 29, 2016 3:45 p.m. share »
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American Vanguard Backs Harvard on Zika

American Vanguard Corp. in Newport Beach said its AMVAC Chemical Corp. subsidiary would help pay for research at Harvard University “to develop and potentially commercialize” technology aimed at killing the mosquito that spreads the Zika and other viruses.

By Michael de los Reyes, Paul Hughes November 29, 2016 11 a.m. share »
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Edwards in $340M Mitral Device Deal

Edwards Lifesciences Corp. in Irvine will buy Valtech Cardio Ltd in Or Yehuda, Israel, for $340 million in cash and stock in a deal expected to close early next year.

By Paul Hughes, Sherry Hsieh November 28, 2016 10:49 a.m. share »
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Ingram Strikes Deal With Allergan

Allergan PLC has acquired Chase Pharmaceuticals, a clinical-stage biopharmaceutical company that focuses on drugs for Alzheimer’s disease. The acquisition price includes an upfront payment of $125 million, with additional regulatory and sales milestones part of the deal.

By Sherry Hsieh November 22, 2016 3:09 p.m. share »
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Link Joins Allegro Board

Allegro Ophthalmics LLC in San Juan Capistrano named Bill Link to its board.

By Sherry Hsieh November 21, 2016 12:13 p.m. share »
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Herberts Pledge $5M to Eye Institute

Gavin and Ninetta Herbert will give $5 million to the Gavin Herbert Eye Institute to back retinal research into diseases that include glaucoma, diabetic retinopathy and retinal detachment.

By Sherry Hsieh November 16, 2016 11:28 a.m. share »