HEALTHCARERecent and archived news stories on: Biotechnology, Doctors, Drugs, Health Insurance, HMO's/PPO's, Hospitals, Medical Devices, Nursing...
Eye-Device Exec Leads Aerie Financing Move
Longtime Orange County eye device executive Vicente Anido Jr.’s marching on with a new company.
Irvine-based Allergan Inc. said today that it expects to report a third-quarter profit more than 20% higher than previously expected.
Canada-based Valeant Pharmaceuticals International Inc. and activist investor Bill Ackman’s Pershing Square Capital Management are planning to hike their hostile bid to buy Irvine-based Allergan Inc. by $15 a share, according to a Wall Street Journal report today.
Irvine-based Allergan Inc. will be approached again about being bought by Actavis PLC, according to a Reuters report today.
Irvine-based Allergan Inc. asked a federal court in Santa Ana to block activist investor Bill Ackman and his Pershing Square Capital Management LP from voting its 10% stake at an upcoming special meeting.
San Clemente-based Vertiflex Inc. raised $6 million in funding, according to a filing with the Securities and Exchange Commission.
Fountain Valley-based MemorialCare Health System said today that its MemorialCare Medical Foundation is now the sole owner of eight imaging centers located in Orange County and Long Beach.
Edwards’ Weisner Kept Legal Aligned With Business Strategy in $1B+ Medtronic Case
Aimee Weisner was setting the strategy that led to Edwards Lifesciences Corp.’s $1 billion-plus patent lawsuit settlement against rival Medtronic Inc.
Credit some of Orange County’s biggest insurance brokers with quick adjustments to shifts in California’s corporate landscape.
Allergan GC Takes Team Approach for Near-Perfect Case Record
William Scarff Jr. concentrates on protecting the driving force in the drug industry: patents on major medications.
Device Maker Puts $60M Into Venture to Hire 500
Abbott Laboratories, the parent of Santa Ana-based Abbott Medical Optics, is spending $60 million on an intraocular lens plant in Malaysia.
Allergan Inc. Chief Executive David Pyott has resigned as a director of Edwards Lifesciences Corp.
A federal jury said today that Irvine-based Masimo Corp. should receive $467 million from Philips Electronics NA, a unit of Netherlands-based Royal Philips Electronics NV, for having infringed a pair of patents covering technology for measuring blood oxygen and tracking pulse rates.
Irvine-based drug maker Allergan Inc. said the U.S. Food and Drug Administration approved its Ozurdex 0.7 mg biodegradable steroid implant for general use in treating diabetic macular edema.
Mission Viejo-based Ensign Group Inc. bought an assisted living facility in Tucson, Ariz., the company said.