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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Kiani Co-Leads $24M Investment

Masimo Corp. Chief Executive Joe Kiani co-led a $24 million equity investment in Stereotaxis Inc. that could be worth as much as $50 million.

By Paul Hughes October 3, 2016 10:26 a.m. share »
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Avocado, Heart-Health Group in Pact

The Hass Avocado Board in Mission Viejo formed a four-year partnership with the American Heart Association “to galvanize Americans to eat the recommended amounts of fruits and vegetables every day.”

By Mediha DiMartino October 3, 2016 10:12 a.m. share »
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Frost Data Gets Healthcare Partner

Frost Data Capital in San Juan Capistrano will work with DST Systems Inc. in Kansas City, Mo., on big data analysis for healthcare companies.

By Deirdre Newman September 29, 2016 4:30 a.m. share »
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Ensign Group Exits Urgent Care

Ensign Group Inc. in Mission Viejo plans to sell 16 urgent care facilities that are open or in development in the Seattle market to MultiCare Health System in Tacoma, Wash.

By Paul Hughes September 28, 2016 8:29 a.m. share »
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Allergan Study: 1,563 OC Jobs, $307M Payroll

Allergan Plc’s local operations provide 1,563 jobs here with a combined payroll of about $307 million, based on the company’s average salary statewide, an economic impact study said.

By Paul Hughes September 27, 2016 9 a.m. share »
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Carrick Capital Buys in Philadelphia

Carrick Capital Partners in Newport Beach has invested $50 million in InstaMed in Philadelphia.

By Michael de los Reyes September 26, 2016 11:21 a.m. share »
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OCTANe, OC Tech Group to Merge

OCTANe in Aliso Viejo will merge with Orange County Technology Alliance in Mission Viejo.

By Deirdre Newman September 26, 2016 6 a.m. share »
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Abbott Optics Unit to J&J for $4.3B

Johnson & Johnson in New Brunswick, N.J. will buy Abbott Medical Optics in Santa Ana for $4.3 billion in cash. The deal is expected to close early next year.

By Paul Hughes September 19, 2016 12:53 p.m. share »
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Aerie to Offer $125M in Stock

Aerie Pharmaceuticals Inc. plans to offer $125 million in stock next week.

By Paul Hughes September 16, 2016 10:43 a.m. share »
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Chapman Pharma School Starts Center

Chapman University’s School of Pharmacy has opened its first center, which focuses on targeted drug delivery.

By Deirdre Newman September 15, 2016 1:03 p.m. share »
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Allergan Buys Derma Firm for $639M

Allergan Plc will buy Vitae Pharmaceuticals Inc. for about $639 million.

By Paul Hughes September 14, 2016 9:13 a.m. share »
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Innovation Institute in New Alliance

The La Palma-based Innovation Institute has signed an agreement with the Westport, Conn.-based Society of Physician Entrepreneurs, a biomedical and healthcare innovation network of more than 25,000 members in some 20 chapters worldwide.

By Deirdre Newman September 12, 2016 2:53 p.m. share »
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KKR Puts $66M in AcuFocus

AcuFocus Inc. in Irvine received $66 million in a funding round led by KKR & Co. LLP in New York.

By Paul Hughes September 9, 2016 9:27 a.m. share »
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Rox Medical Raises $40M

Rox Medical in San Clemente got $40 million in Series E financing led by Novartis Venture Fund and Apple Tree Partners, with participation by Versant Ventures and Domain Associates.

By Paul Hughes September 6, 2016 2:32 p.m. share »
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Aneurysm Device Developer Sold

Blockade Medical in Irvine has been sold to Balt International in Paris on undisclosed terms.

By Paul Hughes September 6, 2016 2:29 p.m. share »