Presbia PLC’s executive chairman and chief executive have resigned and the eye care device maker said it would cut expenses as it considers a $5 million investment from an affiliate of its majority shareholder.
Allergan PLC (NYSE: AGN) Chief Operating Officer Robert Stewart will resign to become president and chief executive officer of Amneal Pharmaceuticals LLC starting January 25, according to filings with the Securities and Exchange Commission.
Irvine-based Aerie Pharmaceuticals received Food and Drug Administration approval for its glaucoma eye drop Rhopressa two months ahead of an informal goal date in February.
Spectrum Pharmaceuticals Inc. said its board dismissed its Chief Executive Rajesh Shrotriya without cause in accordance with Shrotriya’s agreement with the company, effective immediately.
CoolSys, a newly rebranded refrigeration company based in Brea, named Andy Mandell chief financial officer and Amy Freeman chief operating officer.
Irvine-based Karma Automotive LLC tapped Liang Zhou to replace Thomas Corcoran as chief executive of the luxury carmaker.
Henry Samueli has been named a fellow of the National Academy of Inventors for 2017.
Toshiba Corp., its memory unit and San Jose-based Western Digital Corp. have struck an agreement to resolve several legal and arbitration disputes that stalled the $18 billion proposed sale of Toshiba Memory Co.’s flash storage business.
Singapore-based Broadcom Ltd., which operates a major hub in Irvine, closed the books on its fiscal year with sizeable gains in revenue and net income.
Edwards Lifesciences Corp. in Irvine bought Harpoon Medical Inc. in Baltimore on Dec. 1 for $100 million; milestone payments over the next decade could bring the total price to $250 million.
TTM Technologies Inc. has agreed to pay $775 million to affiliates of New York private equity firm Veritas Capital for East Syracuse-based Anaren Inc.
OC-based automakers saw mixed sales results in November and year-to-date.
RSI Home Products Inc., an Anaheim manufacturer started by Ron Simon, is selling itself in a deal worth $1.075 billion to American Woodmark Corp. (Nasdaq: AMWD).
Huntington Beach-based Boardriders Inc. offered to buy the shares of Billabong International Ltd. (ASX: BBG) it doesn’t yet own for $1 apiece, in a deal that values Billabong at about $150 million.
Avanir Pharmaceuticals Inc. will lay off 73 employees by the end of January from its US work force as part of a restructuring. We’re told the majority will be outside of its Aliso Viejo headquarters.