Orange County Business Journal


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

UC Irvine Medical Center Chief Executive Terry Belmont said today that plans to retire from the post on June 30.

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SJC Eye Drug Maker Gets $20M from South Korean Pharma

San Juan Capistrano-based Allegro Opthalmics LLC said today that it raised $20 million from South Hanmi Pharmaceutical in South Korea.

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NB Company Invests in Biotech Firm

Newport Beach-based CureDuchenne Ventures LLC said today that it invested $1 million in Capricor Therapeutics Inc. to fund research for treating heart disease associated with Duchenne muscular dystrophy.

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Allergan, Actavis Deal Advances

Irvine-based Allergan Inc. and Dublin-based Actavis Plc said the U.S. Federal Trade Commission granted early termination of a federal regulatory waiting period and set a ‘shareholder-of-record’ date for the $68 billion acquisition of Allergan by Actavis.

Hoag Irvine Expansion Plan Aims to Deliver ‘Healthcare Village’

HEALTHCARE: 3-building center expected to open in 2016

Put Irvine and Hoag down as a good match.

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Deals for Ensign in Three States

Mission Viejo-based Ensign Group Inc. has bought several skilled nursing, home healthcare and hospice operations.

Pyott's Premium

$68B Deal Puts Allergan Boss in First Position

David Pyott expected 2014 to be a year of hunting for deals.

Obamacare Provides Lift for Central OC

REAL ESTATE: Provider, insurers snap up former subprime turf

Obamacare was a boon to the health of Central Orange County’s office market in 2014.

Patient Safety Push Addresses Employers

HEALTHCARE: Clinton expected at Masimo-backed summit in Irvine

The new leader of an Orange County-based patient safety movement is calling for more employer involvement as participants get ready for an annual conference slated to take place in Irvine this month.

Allergan Effect: Healthcare Hotter Than Ever Here

Healthcare remains integral and then some to OC’s economy, even as Irvine-based drugmaker Allergan Inc. gets ready to exit the stage as the largest publicly traded company based here

Edwards In $50M Round for NorCal Device Maker

HEALTHCARE: Gets option to buy Menlo Park-based startup

Irvine-based Edwards Lifesciences Corp. has dipped its toe into the investment waters of the medical device business.

Finance: Mordy Rothberg

Busy Buyer Builds Regional Insurance Brands With Latino Focus

Confie Seguros Insurance Services is getting big with a lot of small moves.

More Investor Attention for Edwards’ Valves Expected

Leerink: High-Growth Markets to Get More Cash

High-growth medical technology markets, such as transcatheter heart valves—a bellwether product for Irvine-based Edwards Lifesciences Corp. (see story, page 3)—will continue to draw increasing levels of investor attention this year, according to a recent report by Boston-based investment bank Leerink Partners.

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Auxilio Signs $18M Contract

Mission Viejo-based Auxilio Inc., a managed print services company focused on the healthcare industry, said it has signed a five-year, $18 million contract with the largest operating region of what it called “a top 10 U.S. health system.”

Early Indicators Point to Strength, Staying Power for OC’s Economy

Is the outlook for business in Orange County hot or strong?