Vita Reed covers healthcare, including health insurance, hospitals, medical devices and drug companies for the Orange County Business Journal. She can be reached at firstname.lastname@example.org.
Phone: 949-833-8373 Extension: 242
Shares Up Sharply; Market Cap About $1B
Irvine-based Aerie Pharmaceuticals Inc. has been ramping up its activity in recent weeks.
Much More Here Than Dispensaries, Grow Houses
Orange County, which is known for its concentrations of medical device makers and drugmakers, is quietly building a medical cannabis industry.
Gets European Approval For Sensor for Pediatrics
Masimo Corp. in Irvine got CE marking for its O3 regional oximetry sensor in some pediatric settings, which allows it to be sold throughout Europe and other countries.
Growth on Hold As Planned M&As Scrutinized
Orange County’s top eight health maintenance organizations grew slowly during the 12 months through July.
Local Systems Have Talked With Employers
Fountain Valley-based MemorialCare Health System is the first local participant in an early movement by big employers to rein in healthcare prices.
Annual Event Also To Feature Panel Discussions
Companies seeking funding and potential investors will link up just over two months from now at an annual Orange County medical device industry forum.
Membership Flat at 13 Biggest To 2.6 Million
Membership at managed dental healthcare plans operating in Orange County slightly declined over the year ended last month after a surge in 2015.
David Pyott and Joe Kiani were part of a $13M Series A funding round for Bioniz Therapeutics Inc. in Irvine and both joined its board, with Pyott being named chairman.
Irvine-based Bioniz Therapeutics Inc. said today that it appointed David Pyott, former Chief Executive of Allergan Inc. [now Allergan PLC] as board chairman.
Takes Helm of Chapman, South Coast Global Centers
A pair of Orange County hospitals has a new chief executive.
Jena, Germany-based Carl Zeiss Meditec AG said today that veteran Orange County medical device executive James Mazzo will be its new global president of ophthalmology.
Fountain Valley-based MemorialCare Health System appointed a pair of financial executives for its Orange County hospitals.
Irvine-based Edwards Lifesciences Corp. surpassed analysts' expectations on second-quarter revenue and profit and hiked its 2016 forecast in a report issued after markets closed today.
One Version of Lens Also Approved for Astigmatism
Santa Ana-based Abbott Medical Optics, a unit of Abbott Laboratories in Chicago, scored a regulatory approval this month.
The La Palma-based Innovation Institute bought Corona-based information technology specialist Hospitality Business Network Solutions for an undisclosed price.
HEALTHCARE: New center includes 4 institutes, urgent care
Hoag Memorial Hospital Presbyterian is making an aggressive push to deliver comprehensive healthcare services beyond its traditional base in Newport Beach and put a firm claim on a market it calls “Greater Irvine” through a large development there.
Glaukos Corp. in Laguna Hills said Chief Financial Officer Richard Harrison will retire next year.
The La Palma-based Innovation Institute said today that it has acquired Corona-based information technology specialist Hospitality Business Network Solutions. A purchase price was not disclosed.
Caution High Valuation Could Suffer With Slip-Up
Edwards Lifesciences Corp.’s effort to create a “catheterized revolution” in heart valve treatment has landed it new institutional analyst coverage.
Irvine-based Edwards Lifesciences Corp., a maker of replacement heart valves and other cardiovascular devices, named Leslie Heisz to its board of directors, bringing it to nine members.
The newly formed Providence St. Joseph Health said it’s launching a $100 million effort toward improving mental healthcare in communities it serves.
Says Monitor Avoids False Readings of Past Products
The Food and Drug Administration closed out June with a pair of approvals for an established Orange County medical device maker and a startup.
HEALTHCARE: New service option for aerospace workers
MemorialCare Health System’s ongoing effort to diversify care delivery has reached a large Orange County employer with a tailored offering of services, and the Fountain Valley-based provider sees the possibility for similar deals in the future.
The newly formed Providence St. Joseph Health said today it is launching a $100 million effort toward improving mental healthcare in communities it serves.
Irvine-based Edwards Lifesciences Corp. today named Leslie Heisz to its board of directors.
Hoag Memorial Hospital Presbyterian’s Hoag Family Cancer Institute has launched a first-phase clinical trial program.
Realty Firm Aims to Grow St. Jude, Own Portfolio
A portfolio company of the La Palma-based Innovation Institute is making real estate moves.
Cannabis Science Inc. moved its corporate headquarters to Irvine from Colorado Springs, Colo.
Fountain Valley-based MemorialCare Health System said today that Steve Geidt is retiring as chief executive of Saddleback Memorial Medical Center in Laguna Hills, effective in September.
University of California- Irvine said today it and the Harvard Pilgrim Health Care Institute will receive up to $6.7 million in renewed federal funding to help improve patient safety in healthcare settings.
HEALTHCARE: Pyott says it should’ve pursued more buys itself
David Pyott says he would have done a few things differently leading up to his ultimately successful attempt to beat back a hostile takeover attempt of Allergan Inc. about two years ago.
Pham Intends to Maximize Value of Tried Treatments
Pharmaceutical entrepreneur Quang X. Pham, who made his name at Orange County-based startups in the 2000s, is back on the scene with a new company, Espero Pharmaceuticals Inc.
Newport Beach-based Blueprint Bio Inc. has received $7.5 million in Series A funding.
California Attorney General Kamala Harris has conditionally consented to Irvine-based St. Joseph Health’s proposed affiliation with Providence Health and Services.
Uses Cell Secretions, Bypassing Hurdles
Irvine-based AiVita Biomedical Inc., the latest creation of local stem cell entrepreneur Hans Keirstead, is working to set itself apart from other companies in the field that have struggled.
AAC Holdings Inc. said today it opened Laguna Treatment Hospital in Aliso Viejo.
Aliso Viejo-based Sequent Medical Inc. has been acquired for $280 million by Japan’s Terumo Corp.
Compound Could Treat Chemo-Induced Pain
Douglas Ingram’s drug development work encompasses more than just Alzheimer’s disease, which his Irvine-based Chase Pharmaceutical Corp. focuses on.
Orange County stem cell entrepreneur Hans Keirstead refers to his newly established biotechnology company as a “startup with mature assets.”
Drug Will Treat Crow’s Feet in Those Up to 65
A product developed by Allergan PLC’s medical aesthetics hub in Irvine has a new use in the fast-growing Japanese market.
HEALTHCARE: Keys on talent pool fostered by former employer
Drug development startup Chase Pharmaceuticals Corp. is now being led from Irvine with a familiar face at the helm—Chief Executive Douglas Ingram, a former president of Allergan Inc.
San Clemente-based CareTrust REIT Inc. said today it bought four senior housing properties in Michigan.
Healthcare Real Estate Investment Trusts Multiply In Favorable Climate
Orange County, while primarily known as a center of medical device companies, is also home to several sizable companies that are in the business of owning and investing in real estate where healthcare is delivered, and they aim to grow by focusing on private-pay properties to achieve more reliable rents.
Unit Wins in Court As Valves Get Good Results
Edwards Lifesciences Corp. has scored wins in the trial court and clinical trial arenas.
HEALTHCARE: Advantmed grows beyond records collection
Santa Ana-based Advantmed LLC aims to help doctors get paid in the wake of reform-fueled changes in payment processes.
Robert Grant is no longer the chief executive of Irvine-based Alphaeon Corp., a lifestyle healthcare company he founded three years ago.
Dallas-based Cerebain Biotech Corp. has moved its corporate headquarters from Dallas to Costa Mesa.
Will Be Interviewed By Another Company Veteran
David Pyott, retired chief executive and chairman of Allergan Inc., now Allergan PLC, will be the headliner next month at the annual Ophthalmology Technology Summit put on by OCTANe, an Aliso Viejo-based booster group for life sciences and other forms of technology.
Transplant Startup from Ariz. Sees Breath Tool as Innovator
A startup company that recently relocated to Aliso Viejo is aiming to introduce breath analysis as a tool for weight management.
HEALTHCARE: Combo to make both more competitive
It’s not yet clear how Abbott Laboratories’ pending $25 billion buy of St. Jude Medical Inc. will impact the latter’s Orange County operations.