HEALTHCARE

Quality Systems in $34M Buy

Quality Systems Inc. subsidiary NextGen Healthcare Information Systems LLC will buy Entrada Inc. for $34 million.

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Alliance Goes Private

Alliance HealthCare Services Inc. in Newport Beach will be taken private by Tahoe Investment Group Co., Ltd. in Fuzhou, China in a deal that values Alliance at about $145 million.

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Concierge Health App Planned

Former Alphaeon Corp. Chief Executive Robert Grant said he will launch an app this fall for consumers to schedule and access on-demand specialist physicians in fields such as orthopedics, cardiology and brain surgery.

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Endologix Signs $170M Debt Deal

Endologix Inc. in Irvine agreed on a debt package of $170 million with New York private equity firm Deerfield Management Co., which now also holds rights to buy 6.5 million Endologix shares at $9.23 apiece.

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Apax to buy Syneron for $397M

Apax Partners LLC has agreed to buy Syneron Medical Ltd. for $397 million in cash.

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HCP President to Depart

HCP Inc. President Justin Hutchens will leave the Irvine-based healthcare-focused real estate investment trust to lead Darlington, England-based HC-One Ltd. as chief executive.

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Chapman Dean Adds Pharma Group Duties

Nancy Alvarez, assistant dean of experiential education and continuing professional development for Chapman University’s School of Pharmacy, was inducted Monday as the 162nd president of the American Pharmacists Association.

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St. Joe Fills Chief Medical Slot

St. Joseph Hospital-Orange said Scott Rusk would be chief medical officer, effective immediately, with a mandate to “improve clinical quality and outcomes,” Chief Executive Jeremy Zoch said.

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Anaheim Drugmaker Raises $4.2M

BioCorRx Inc. in Anaheim secured $4.2 million financing, including $940,000 in equity financing from nine investors and $1.7 million from Alpine Creek Capital, effective by March 24, a press release said.

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FDA OKs Allergan Dermal Filler

Allergan PLC received Food and Drug Administration approval to market hyaluronic acid dermal filler Juvederm Vollure XC.

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Alignment Snatches $115M

Irvine-based Alignment Healthcare secured a $115 million investment from New York-based private equity firm Warburg Pincus LLC to support its U.S. expansion.

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OrthAlign Appoints CEO

Aliso Viejo-based OrthAlign Inc. appointed Eric Timko as chief executive and the chairman of the board.

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AMO Now J&J Vision

Johnson & Johnson completed its $4.3 billion acquisition of Abbott Medical Optics Inc., a Santa Ana-based former subsidiary of Abbott Laboratories.

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Avenu Medical Raises $13M

Avenu Medical Inc. in San Juan Capistrano has raised about $13.1 million through private placement, according to filings with the Securities and Exchange Commission.

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$2.47B Allergan Buy Adds in Irvine

Allergan PLC announced that it will buy Pleasanton-based Zeltiq Aesthetics Inc.’s CoolSculpting System for $2.47 billion, or $56.50 per share, in a transaction that’s expected to be completed in the second half of 2017.

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