Vita Reed | Stories | Orange County Business Journal

Drug Maker Gets $26.7M to Fill Gap

HEALTHCARE: Aeolus’ R&D pact with feds helps draw funds

Mission Viejo-based Aeolus Pharmaceuticals Inc. raises $26.7 million, plans to use money to help cover expenses

Bausch Taps Barr to Head Local Unit

HEALTHCARE: Move comes with $500M buy of Ista in works

Bausch & Lomb Inc. taps Barr to head local unit

Mazzo Sets Retirement as President of Abbott Medical

HEALTHCARE: Ibis head Simhambhatla named successor

Mazzo sets retirement as head of Abbott Medical

Mussallem Talks Up Edwards, Cites Unmet Needs’

Shareholders Move Board Members to Annual Terms

Edwards Lifesciences Corp. has been busy during the past six months, in Healthcare

Quality Misses on Profit, In-Line on Revenue

Quality Systems Inc., an Irvine healthcare technology company, today reported earnings for the three months ended March 31 that missed expectations and revenue that was in line.

Auxilio Revenue Up, Loss Wider for Q1

Auxilio Inc., a Mission Viejo-based company that helps hospitals and healthcare providers cut their dependence on paper records, said its revenue grew 40% in the first quarter while its loss widened from a year earlier.

Mission Viejo Drug Company Raises $26.7M

Mission Viejo-based Aeolus Pharmaceuticals Inc. has raised $26.7 million and plans to use the money to help cover expenses as it works on developing its lead biodefense drug compound.

St. Joseph Changes Corporate Name

Orange-based hospital operator St. Joseph Health System is now known as St. Joseph Health.

Allergan Shares Hit Bump on Conservative Q2 Forecast

HEALTHCARE: Full-year outlook exceeds Wall Street’s

Irvine-based Allergan Inc.’s smooth stock cruise had bit of a bump recently.

Edwards Gets Into Next Round of R&D

HEALTHCARE: 6 conventional products on tap for device maker

Edwards Lifesciences Corp. gets into next round of research and development

Skilled Healthcare Reaffirms Guidance After Mixed Q1

Interest Rate Could Help; Medicare Boosts Possible

Skilled Healthcare Group reaffirms guidance after mixed Q1, in Healthcare

Cameron Health Says Trial Shows Defibrillator Safe

San Clemente-based Cameron Health Inc., which is being bought by Boston Scientific Corp., said today that its implantable heart defibrillator was proven safe and effective in a 330-person clinical trial.

Government Subpoenas Allergan on Lap-Band

Irvine-based Allergan Inc. has received a government subpoena in regard to its Lap-Band weight-loss device, the company said in a federal filing.

Sun Healthcare Shares Plunge

Shares of Irvine-based nursing home operator Sun Healthcare Group Inc. fell sharply today after first-quarter revenue came in below analysts’ expectations.

Irvine Health Technology Company Sold

Irvine-based TC3 Health Inc., a healthcare technology company, has been sold to Emdeon Inc. for an undisclosed price.

Botox Study: Help on Migraines in Chronic Cases

Sees Little Benefit for Less-Frequent Episodes

Botox study: help on migraines mostly in chronic cases, in Healthcare

Covidien Adds to R&D, Production Here

HEALTHCARE: Center starts with 70 employees, 100 more expected

Covidien PLC is striking a nerve in Irvine

Sabra Starts to Thrive Despite Medicare Cutbacks

HEALTHCARE: Results for Q1 expected to show big rebound

Sabra survives, starts to thrive despite cutbacks on Medicare

Viviano Named Boss of UCSD Hospitals

HEALTHCARE: Set to depart NB-based Alliance in June

Paul Viviano named boss of UCSD hospitals

Masimo Shares Drop on Mixed Q1 Results

Shares in Irvine-based Masimo Corp. fell 4% in midday trading today after the medical-device maker posted mixed first-quarter financial results.

Investors Hit Nursing Home Companies

A pair of Orange County nursing home companies saw their shares fall today in the wake of first-quarter earnings reports.

Allergan in Line on Profit; Shares Fall on Q2 Forecast

Irvine-based Allergan Inc. today reported first-quarter results that were in line with Wall Street projections but saw its shares drop after it provided conservative guidance for the current quarter.

Alliance HealthCare's Viviano to UCSD

Paul Viviano will step down as chairman and chief executive of Newport Beach-based Alliance HealthCare Services Inc. to lead the University of California, San Diego, Health System.

Edwards’ Results Reflect Strong Start for Sapien in U.S.

HEALTHCARE: Heart valve brings $41M in Q1 sales here

Edwards Lifesciences Corp. results reflect strong start for Sapien in U.S.

Essential Pulls Its Patent Complaint Against Masimo

Device Maker Also Gets Clearances

Essential pulls its patent complaint against Masimo, in Healthcare

Cameron Health Defibrillator Clears 1st Step With FDA

HEALTHCARE: San Clemente company nears takeover

Cameron Health Inc. defibrillator gets FDA panel’s OK

Questcor Gains on Prescription Surge for Sole Drug

HEALTHCARE: Sees Acthar as pipeline in its own right

Questcor Pharmaceuticals Inc. gains on prescription surge for sole drug

FDA Approves Abbott Medical Laser for Cataracts

HEALTHCARE: New use generally covered by insurance

Food and Drug Administration approves Abbott Medical laser for cataracts

Edwards Shares Jump On Results, Outlook

Shares of Edwards Lifesciences Corp. surged today after the Irvine-based heart valve maker posted better-than-expected first-quarter results and issued improved guidance for the current quarter.

Edwards Surpasses Wall Street Expectations

Irvine-based Edwards Lifesciences Corp. today reported first-quarter financial results that beat Wall Street’s expectations.

Allergan Eyes Boost for Breast Implants in Europe

HEALTHCARE: Ads aim to capitalize on shutdown of rival

Allergan starts European advertising campaign aimed at boosting sales of breast implants in wake of a defunct rival’s troubles

Masimo Buys Semiconductor Maker, Inks Hospital Pact

Touts Benefits of $8.5M Purchase of Mass. Outfit

Masimo buys semiconductor maker, inks hospital pact, in Healthcare

Medical Device Makers Say Tax Will Hit Innovation, Jobs

HEALTHCARE: Levy could go away if court nixes reform

Drumbeat of criticism among local medical-device makers continues in advance of new tax on industry sales

ICU Medical Beats Forecasts, Reaffirms Outlook

ICU Medical Inc. of San Clemente reported first-quarter results that beat analysts’ expectations and reaffirmed its 2012 financial outlook.

Edwards, Medtronic Co-Present Heart Valve Studies

Professional Presentation Spotlights Positive Data

Edwards, Medtronic co-present heart valve studies, in Healthcare

Allergan Answers Wall Street on Aggressive R&D Program

HEALTHCARE: “Surprises” with spending

Allergan’s emphasis on spending money “in the clinic” fattens up its R&D pipeline, catches Wall Street’s eye

R&D Pipeline Prompted Bausch & Lomb’s Ista Buy

Eye-Products Giant Knew Ista, Makes Its Products

Bausch & Lomb’s pending $500M acquisition of Ista Pharmaceuticals appears motivated by products in pipeline, in Healthcare

Public Parent Gave Mazzo Room for AdvaMed Role

HEALTHCARE: Credits superiors, staff for support during 2-year term

Public parent gave Mazzo room for AdvaMed role

MemorialCare Wins Gallup Award

Fountain Valley-based MemorialCare Health System said it was one of 27 employers worldwide who received a “great workplace” award from The Gallup Organization, and the only honoree that is based in California.

WaveTec Gets $15.7M in Funding

Aliso Viejo eye device maker WaveTec Vision Systems Inc. said Wednesday that it received $15.7 million in a funding round.

U.K. Device Maker Buys San Clemente Medical Software Company

Smith & Nephew PLC, a U.K.-based medical device maker, has bought San Clemente-based LifeModeler Inc. for an undisclosed price through its U.S. subsidiary, Smith & Nephew Inc.