HEALTHCARE
Allergan Appoints New Aesthetics Head
Allergan Plc named Carrie Strom as senior vice president of U.S. Medical Aesthetics, reporting to Chief Commercial Officer Bill Meury.
Evolus Taps Allergan Exec
Evolus Inc. named David Moatazedi president and chief executive. He comes from Allergan plc, where he was most recently senior vice president of U.S. medical aesthetics.
Allergan Considers Options
Allergan PLC Chief Executive Brent Saunders told investors on Monday that the company is evaluating a range of strategic options, including “splitting the company.”
Judge Denies Motions to Dismiss Mazzo Case
Judge Andrew Guilford ruled on Tuesday that the government can proceed with a third trial against health-care executive Jim Mazzo on insider trading charges.
Allergan Q1 Beats Street Estimate
Allergan Plc posted first quarter earnings that beat analyst estimates and raised its revenue guidance for 2018.
Judge to Rule Tuesday on Mazzo: Dismissal or Third Trial
Lawyers came to Judge Andrew Guilford’s courtroom on Monday with two motions and three arguments to prevent a third trial against Jim Mazzo for breaking insider trading rules.
$10M for CHOC Autism Center
Children’s Hospital of Orange County plans to open an autism center at 170 S. Main St. in Orange in early 2019.
Jaksch to Exec Chairman; ChromaDex Names New CEO
ChromaDex Corp. (Nasdaq: CDXC) said Chief Executive Frank Jaksch will become executive chairman and the company’s current president and chief operating officer, Rob Fried, will get Jaksch's role June 22, after the company’s annual meeting.
Allergan Opens, Closes, Window on Shire
Allergan PLC won’t pursue a deal to buy Shire PLC, the company said, after earlier considering a bid.
Cancer-Tester LAM Exits Stealth Mode
HEALTHCARE: Launched IvyGene; to expand Irvine HQ
Irvine-based Laboratory for Advanced Medicine Inc. isn’t pursuing a magic-bullet immunotherapy drug to cure all cancers yet, but it sure is in growth mode.
Innovation Institute’s Incubator Delivers First Product
Partners With Apothecary For Full CVS Launch
Innovation Institute, founded five years ago as an incubator to commercialize internal medical innovation by doctors, nurses and other hospital care providers in its six health system-owners network, has done exactly that.
Masimo Positioned to Grow Telehealth Technologies
Hires Planned For Home-Care Frontier
Revenue from Irvine-based Masimo Corp.’s noninvasive patient monitoring technologies grew last year by 15% to $798.1 million, and Chief Executive Joe Kiani said the company plans to grow its new telehealth initiative.
Cryoport Soared to Best-Performing Stock of Bunch
FINANCE: Netlist was worst performer in TTM
Now the envelopes for the five best- and five worst-performing stocks during the year ended March 29:
Inari Medical Gets $27M
Irvine-based Inari Medical Inc. received $27 million in a series C round to support commercialization.
Axonics Secures $40M
Irvine-based Axonics Modulation Technologies received a $40.1 million financing comprised of $20.1 million in equity and a $20 million credit facility.
