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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Allergan Adds to Aesthetics Line

Allergan Plc will buy Westlake Village, Calif.-based Kythera Biopharmaceuticals Inc. for cash and stock valued at $2.1 billion.

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Glaukos Sets IPO Terms

Laguna Hills-based device maker Glaukos Corp. has officially opened its upcoming initial public offering, according to a federal filing.

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NuGene Disavows Stock Mailer

Shares in Irvine-based NuGene International Inc. fell 39% Thursday to $2.61 and a market capitalization of $103 million after the skincare products development company said yesterday that it had no affiliation with a 28-page mailer touting the stock, but the stock recovered some ground Friday morning.

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Four Hospitals Change Their Names

The four Orange County hospitals owned by Santa Ana-based Integrated Healthcare Holdings Inc. have changed their names.

Will Allergan Cuts Resound in China? Holte’s High-Rise Act

Jinsong Ni isn’t too worried about the pink slip he got from Allergan last week, perhaps because he has a PhD in chemistry and years of experience on the nonclinical side of the drugmaker’s R&D—the sort of early-stage investments it pledged to cut at its Irvine HQ amid a hostile takeover bid by Valeant last year.

Irvine Co. Expands on Wellness Center Concept in NB

REAL ESTATE: Plans medical office, fitness center

The Irvine Company plans to build a fitness, wellness and healthcare facility in space it owns at the current site of a 24 Hour Fitness gym next to Fashion Island.

Ex-Allergan Exec to Cannabis Drug Firm

Douglas Ingram, former president of drugmaker Allergan Inc., joined the board of Costa Mesa-based startup Nemus Bioscience Inc. in the newly created role of vice chairman.

HCP Loads Up For Purchases, Including Senior Homes

Part of $750M Offering To Pay for 35-Building Buy

Irvine-based HCP Inc. recently made plans to sell $750 million in senior unsecured notes with an eye toward using the proceeds to fund more deals.

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Biolase Jumps on CEO Comments

Irvine-based Biolase Inc.’s shares soared today after it said it was unaware of any fundamental reason for the recent decline in its stock price.

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Plochocki to Retire From Quality Systems

Irvine-based healthcare software maker Quality Systems Inc. said today that Chief Executive Steven Plochocki will retire effective June 30.

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Irvine-Based Heart Valve Maker Names New CEO

Irvine-based JenaValve Technology Inc. said today that Victoria Carr-Brendel is the company’s new chief executive.

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Ex-Allergan President Gets Board Seat

Douglas Ingram, former president of drug maker Allergan Inc., has joined the board of Costa Mesa-based startup Nemus Bioscience Inc. in the newly created role of vice chairman.

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MicroVention Building New HQ in Aliso Viejo

MicroVention Inc., a Tustin-based developer, manufacturer and marketer of neuroendovascular technologies, said it will be building a large new office in Aliso Viejo for its new headquarters.

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Segerstrom Daniels Gives $5M to CHOC Mental Health Program

Children’s Hospital of Orange County said today it's building a new children’s mental health inpatient center as part of an initiative that will be supported by a $5 million gift from Sandy Segerstrom Daniels.

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Edwards Suspends Valve Study

Irvine-based Edwards Lifesciences Corp. said today that it is voluntarily halting enrollment in an early clinical trial for an experimental, less-invasive mitral heart valve.