HEALTHCARE
Recent and archived news stories on: Biotechnology, Doctors, Drugs, Health Insurance, HMO's/PPO's, Hospitals, Medical Devices, Nursing...OC Efforts Spur Japanese Device Regulation Changes
New Law Loosens Process US Firms Have Criticized
Efforts over the past decade by several of Orange County’s better-known medical device executives to change Japanese laws are bearing fruit.
Avanir to Continue as OC-Based Business Under Otsuka
HEALTHCARE: $3.5B for maker of neurological drug
Aliso Viejo-based Avanir Pharmaceuticals Inc. hopes to continue its recent surge under new owner Otsuka Pharmaceutical Co., which aims to beef up its neurology drug lineup following an upcoming patent expiration.
Kaiser Names New Top OC Exec
Kaiser Permanente has named Mark Costa its new executive director of its Orange County service area.
Actavis to Cut Jobs in Corona
Actavis PLC, which is buying Irvine-based Allergan Inc., will lay off 200 workers at its operation just across the county line in Corona, according to a state filing.
Avanir to be Acquired for $3.5B
Avanir Pharmaceuticals Inc. has agreed to be acquired by Otsuka Pharmaceutical Co. for $3.5 billion.
Integrated Healthcare Vies for Joshua Tree Hospital
Works With Affiliates To Get Operations Lease
Hospital operator Integrated Healthcare Holdings Inc., one of Orange County’s lower-profile public companies, is working with some of its affiliates to lease a hospital in the High Desert community of Joshua Tree.
Allergan Buyer Could Make Irvine HQ For Specialty Pharma
HEALTHCARE: Boss of N.J.-based Actavis likes OC’s appeal, talent
Orange County will remain a nerve center for Allergan Inc., according to the chief executive of its future parent company.
UCI Health Partners With IE Hospital
UC Irvine Health has struck a deal on an affiliation with Corona Regional Medical Center, a midsize hospital just across the Riverside County line.
Kaiser Considers Internal Candidates For Top Executive in OC
HEALTHCARE: Harrier interim; final choice expected next month
Julie Miller-Phipps says Kaiser Foundation Hospitals and Health Plan will likely stick with the familiar as it seeks to fill her role as its top executive in Orange County, where consideration of internal candidates is under way.
Seattle Drugmaker With Local Plant Files for Bankruptcy
Performance of Dendreon Provenge Drug Elusive
Five years ago, the Business Journal wondered whether a “biotech beachhead” was going to take root in Orange County, an area long known for its domination by the medical device industry.
Valeant, Ackman Cash Out of Allergan
Valeant Pharmaceuticals International Inc. and activist investor Bill Ackman’s Pershing Square Capital Management LP have slashed their stake in Irvine-based Allergan Inc. after losing a bidding war to Actavis PLC.
SEC Suspends Trading of Penny Stock
The U.S. Securities and Exchange Commission said today that it halted trading in Anaheim-based Wholehealth Products Inc. and three other penny stock companies that “claim to be developing products and services in response to the Ebola [virus] outbreak.”
Ackman Withdraws From Meeting
Activist investor Bill Ackman said today that he would withdraw from a special shareholders’ meeting he had planned in the wake of Irvine-based Allergan Inc.’s $66 billion acquisition by Actavis PLC, according to CNBC.
Allergan Acquired by Actavis for $66B
Irvine-based Allergan Inc. has agreed to be acquired for $66 billion by Actavis PLC.
New Allergan Suitor Puts Friendly Face on Takeover Talk
HEALTHCARE: Could arrive at special meeting with two offers
A new bidder has brought a decidedly different tone to talks on a takeover of Irvine-based Allergan Inc.
