Orange County Business Journal


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

OCTANe Plans Continued Support of LaunchPad Businesses

Will Expand Initiative To Connect Ideas, Investors

Panel discussions and business plan competitions weren’t the only agenda items on deck at the Medical Device & Investor Forum held this month by Aliso Viejo-based group OCTANe.

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ICU Medical Shutters Slovakia Plant

San Clemente-based ICU Medical Inc. will close its manufacturing plant in Vrable, Slovakia, and cut 265 jobs, according to a Securities and Exchange Commission filing.

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Alphaeon to Buy Laser Maker

Irvine-based Alphaeon Corp. said today that it would buy Lensar Inc. for up to $59 million.

Irvine Front and Center for Allergan R&D

HEALTHCARE: Kybella seen as next ‘pipeline in a product’ for drugmaker

Allergan PLC’s operations in Irvine appear poised to remain front and center in the drugmaker’s research and development endeavors.

Report Hints at $1.6B Price for HB Insurance Broker

FINANCE: Latino market specialist now in 17 states

Fast-growing insurance brokerage firm Confie is reportedly on the sales block.

Saunders Touts Innovation Amid Allergan-Pfizer Chatter

HEALTHCARE: Also talks up leadership on aesthetics

Brent Saunders, chief executive and architect of the “new” Allergan PLC, stayed on the go during a visit to Orange County earlier this month.

ICU Medical Looks to Increase Lucrative OEM Work

Manufacture of Parts For Others ‘Outperformed’

Making parts for other manufacturers is paying off for San Clemente-based ICU Medical Inc.

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Judge: Valeant, Ackman Must Face Insider Suit on Allergan

U.S. District Court Judge David Carter of Santa Ana has declined a request from Valeant Pharmaceuticals International Inc., led by Chief Executive Mike Pearson, and activist investor Bill Ackman to dismiss a lawsuit accusing them of insider trading in shares of Allergan Inc.

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Bloomberg: Pfizer, Allergan See Saunders as CEO

Drug makers Allergan PLC and Pfizer Inc. are eyeing a plan to make current Allergan Chief Executive Brent Saunders head of a combined company if they reach a takeover deal, Bloomberg Business reported today, citing unnamed sources.

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Ketchum Names Pharma Dean

Marshall B. Ketchum University in Fullerton said Edward Fisher will be dean of its new College of Pharmacy effective Jan. 4.

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Quality Systems Names Margolis Chairman

Irvine-based Quality Systems Inc. said today that Jeffrey Margolis is its new chairman.

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ICU Medical Beats Street

San Clemente-based ICU Medical Inc. today reported an adjusted third-quarter profit that beat analysts’ forecasts.

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Masimo Surpasses Expectations

Irvine-based Masimo Corp. today reported third-quarter results that exceeded Wall Street expectations.

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ChromaDex in Proctor & Gamble Deal

Irvine-based ChromaDex Corp. said today it signed a joint development deal with Cincinnati-based conglomerate Proctor & Gamble Co.

Endologix Pays Twice for Fellow Device Maker

HEALTHCARE: $211M deal trims market capitalization by 30% in day

Endologix Inc.’s bid to grow market share through a newly struck deal to acquire a competitor appears to have set investors in the Irvine-based medical device maker on edge.