Orange County Business Journal

Quality Systems Posts Loss, Names New Director

Irvine-based Quality Systems Inc. on Thursday reported a loss for the quarter ended in March and named a new director.

Quality Systems Posts Loss, Names New Director

Irvine-based Quality Systems Inc. today reported a loss in the three months ended in March and named a new director.

UCI Chemists Devise Potential Urine Test for Prostate Cancer

The University of California, Irvine, said today that research done by its chemistry faculty could lead to the development of an early detection test for prostate cancer.

Quality Lays Out New Approach, $1 Billion Goal

Aims to Grow Sales, Doing More Revenue Management

Irvine-based Quality Systems Inc. showed off several aspects of its business this month at an analyst meeting, in Healthcare.

Will ICU Draw Next $1B Deal in OC’s Device Sector?

HEALTHCARE: No shortage of suitors seen; $234M pile of cash

San Clemente company might be the next major deal in OC’s medical device sector

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$750 Million Buyback, CFO Search for Edwards

Irvine-based Edwards Lifesciences Corp. said today that its board authorized a $750 million buyback of its stock.

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FDA Committee Recommends Allergan Face Filler

Says Nonbinding Nod Figures in Final Decision

Allergan Inc. is a step closer to expanding its lower-face filler lineup, in Healthcare

ICU Medical Jumps on Sale Buzz

Shares of San Clemente-based ICU Medical Inc. shot up in trading today on reports that it was considering a sale.

InstaMed Raises Money

InstaMed Inc., which has offices in Newport Beach and Philadelphia, said that it raised money in an internal round of funding.

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Cameron Defibrillator Tabbed for 6.4% Medicare Hike

Device Went to Boston Scientific in 2012 Sale

Implantable cardioverter defibrillators—including one developed in Orange County—could be in line for higher Medicare payments, in Healthcare

Allergan Boss Questions Critics’ Math on Clinical Trial

HEALTHCARE: Downplays Darpin delay, high on Levadex

Allergan Inc.’s chief executive is optimistic about the prospects for its newly acquired acute migraine headache drug, despite a regulatory setback.

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Masimo Meets Expectations on Q1 Profit

Shares of Irvine-based patient monitoring maker Masimo Corp. rose, a day after the company reported a first-quarter profit that met analysts’ expectations on revenue that surpassed forecasts.

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Masimo Meets Expectations on Q1 Profit

Irvine-based patient monitoring maker Masimo Corp. today reported a first-quarter profit that met analysts’ expectations on revenue that surpassed forecasts.

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Allergan Tumbles on Drug Delays

Shares of Irvine-based drug maker Allergan Inc. fell in early trading today after it lowered its full-year financial forecast.

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Ensign Group Buys in Nebraska, Washington

Nursing home operator Ensign Group Inc. said today that it bought a nursing home in Nebraska and a nursing home along with an assisted living facility in Washington state in separate deals. Terms were not disclosed.

Allergan Board Member Ryan Passes

Dr. Stephen Ryan, a board member of Irvine-based drug maker Allergan Inc., died Monday after a short illness.

Allergan Board Member Ryan Passes

Dr. Stephen Ryan, a board member of Irvine-based drug maker Allergan Inc., died Monday after a short illness.

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Harbor’s Product Gets FDA Approval

HEALTHCARE: “Architect” Grew Out of Another Company

Startup Harbor MedTech is aiming to plunge deep into the wound-healing business

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Bausch & Lomb Pegs Planned IPO to Market Growth

Cites More Seniors, Middle Class, Own R&D

Bausch & Lomb cites growth as one of the reasons it’s planning an IPO, in Healthcare

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Edwards’ Sales Dip, Stock Fall Raises Analyst Questions

Some See Competitors Making Inroads, Others No Threat

Wall Street analysts are of a mixed mind on Edwards Lifesciences Corp. after the heart valve maker reported disappointing first-quarter earnings and lowered its 2013 outlook.

Edwards Shares Plummet on Earnings Miss

Irvine-based Edwards Lifesciences Corp.’s shares fell more than 20% today, a day after it reported first-quarter earnings and sales that missed estimates and it lowered its full-year outlook.

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Edwards Misses Q1, Lowers Outlook, Shares Fall

Shares of Irvine-based heart valve maker Edwards Lifesciences Corp. fell sharply in midday trading Wednesday, a day after reporting first-quarter results that missed analyst estimates.

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Edwards Misses Q1, Lowers Outlook, Shares Fall

Shares of Edwards Lifesciences Corp., the Irvine-based heart valve maker, fell sharply today in after-hours trading in the wake of first-quarter results that missed analyst estimates.

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ICU Medical’s Profit Beats Estimates

San Clemente-based ICU Medical Inc. on Monday reported a first-quarter profit that exceeded analyst expectations on in-line revenue.

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ICU Medical’s Profit Beats Estimates

San Clemente-based ICU Medical Inc. today reported a first-quarter profit that exceeded analyst expectations on in-line revenue.

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No Lack of OC Beds Seen in Anaheim General Closure

HEALTHCARE: On par with state average; unused capacity

Anaheim General Hospital’s pending closure isn’t expected to make a major dent in Orange County’s hospital bed capacity

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OC Unit of Bausch in Sales Pact With Leica as Parent Preps for IPO

HEALTHCARE: Deals point up medical device sector’s status here

OC unit of Bausch & Lomb in sales pact with Leica as parent prepares for IPO

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UC Irvine Pair Set for Stem Cell Work on Alzheimer’s

Bay Area Company Aims for Investigational Drug

UC Irvine pair set for stem cell work on Alzheimer’s, in Healthcare

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ReVision Optics Raises $15 Million

Lake Forest-based ReVision Optics Inc. said in a regulatory filing today that it raised $15 million.

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ReVision Optics Raises $15 Million

Lake Forest-based ReVision Optics Inc. said in a regulatory filing today that it raised $15 million.

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FDA Declines to Approve Allergan’s Levadex

The Food and Drug Administration cited manufacturing concerns in rejecting Irvine-based Allergan Inc.’s request for approval to market Levadex, a drug to treat acute migraine headaches.

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Abbott Medical’s New Boss Looks to Build

HEALTHCARE: Sees bigger role under parent company’s umbrella

New Abbott Medical Optics boss Murthy Simhambhatla sees his role as “building on the foundation” laid by his high-profile predecessor.

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Delaware Court Sides With Allergan on Directors’ Suit

Rules That Precedent of Prior Calif. Case Holds

Delaware court sides with Allergan on directors’ suit, in Healthcare

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MemorialCare Buys Specialty Practice in Laguna Hills

Tustin-based MemorialCare Medical Foundation’s Beach Surgical Holdings LLC has acquired a 51% stake in Laguna Hills-based Digestive Disease Center.

MemorialCare Buys Specialty Practice in Laguna Hills

Tustin-based MemorialCare Medical Foundation’s Beach Surgical Holdings LLC has acquired a 51% stake in Laguna Hills-based Digestive Disease Center.

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Masimo’s Movement

Device Maker Wants Peers to Share Data for Patient Safety

SPECIAL ISSUE: PUBLIC COMPANIES - Masimo wants peers to share data for patient safety

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Endologix Review: Growth Prospect, Takeover Target

Stent Maker Reaches $1B Mark on Market Value

Endologix review: growth prospect, takeover target, in Healthcare

Rebound for Nursing Home Operators, Healthcare REIT

HEALTHCARE: Acquisitions help offset Medicare cuts

SPECIAL ISSUE: PUBLIC COMPANIES - Shares of two publicly traded nursing home operators and a related real estate investor have staged comebacks

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Ensign Buys Three Texas Nursing Homes

Mission Viejo-based Ensign Group Inc. said today that it has bought three nursing homes in southeast Texas.

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CiTrials’ Winning Mix: Science, Patient Care

Founder Juggled Duties on Way to “Something More Meaningful”

EXCELLENCE IN ENTREPRENEURSHIP AWARDS: Debra Hoffmeyer juggled duties on way to “something more meaningful”

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Dendreon Says Provenge Now OK on Reimbursements

Marketing Campaign Planned for Prostate Cancer Drug

Dendreon says Provenge now OK on reimbursements, in Healthcare

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Alliance Ahead of Initial Projections for Cost Cutting

“Strategic Pruning” of Customer Base Key Factor

Newport Beach-based Alliance HealthCare Services Inc. has surpassed its cost-cutting goal, in Healthcare

Strathspey Crown Links With Plastic Surgeons

Newport Beach-based private equity investor Strathspey Crown Holdings LLC said today that it’s partnering with the Arlington Heights, Ill.-based American Society of Plastic Surgeons and its subsidiary, Plastic Surgery Business Solutions Inc.

Strathspey Crown Links With Plastic Surgeons

Newport Beach-based private equity investor Strathspey Crown Holdings LLC said today that it’s partnering with the Arlington Heights, Ill.-based American Society of Plastic Surgeons and its subsidiary, Plastic Surgery Business Solutions Inc.

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OC Heart Valve Makers Call on Cardiology College

HEALTHCARE: Established maker, startup present data in SF

Two sides of OC heart valve cluster call on cardiology college

Allergan’s New Consultant Takes Industry by Surprise

“Shock” as Former Rival Hires on as Consultant

Allergan’s new consultant takes industry by surprise, in Healthcare

San Diego Biologics Maker in OC Joint Venture

HEALTHCARE: Pur aims for regenerative orthopedic products

San Diego Biologics maker in OC joint venture

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VertiFlex Sells Some Assets to Stryker

San Clemente-based VertiFlex Inc. said it has sold what it called “non-core assets” to Kalamazoo, Mich.-based Stryker Corp.

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Bill Seeks 5% Requirement on Charity Care Spending

Minimum Would Apply to Private Nonprofit Hospitals

Bill seeks 5% requirement on charity care spending, in Healthcare

Speculation Puts Irish Eyes on Drug Makers

HEALTHCARE: Questcor, Avanir for cash-rich Elan?

Questcor, Avanir are subjects of market speculation on possible moves by an Irish drug developer

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