Irvine-based St. Joseph Health said today it signed a definitive agreement with Renton, Wash.-based Providence Health and Services.
Will Expand Initiative To Connect Ideas, Investors
Panel discussions and business plan competitions weren’t the only agenda items on deck at the Medical Device & Investor Forum held this month by Aliso Viejo-based group OCTANe.
HEALTHCARE: Adds software firm on undisclosed terms
Alphaeon Corp. keeps on making deals.
San Clemente-based ICU Medical Inc. will close its manufacturing plant in Vrable, Slovakia, and cut 265 jobs, according to a Securities and Exchange Commission filing.
Irvine-based Alphaeon Corp. said today that it would buy Lensar Inc. for up to $59 million.
HEALTHCARE: Kybella seen as next ‘pipeline in a product’ for drugmaker
Allergan PLC’s operations in Irvine appear poised to remain front and center in the drugmaker’s research and development endeavors.
Manufacture of Parts For Others ‘Outperformed’
Making parts for other manufacturers is paying off for San Clemente-based ICU Medical Inc.
HEALTHCARE: Also talks up leadership on aesthetics
Brent Saunders, chief executive and architect of the “new” Allergan PLC, stayed on the go during a visit to Orange County earlier this month.
U.S. District Court Judge David Carter of Santa Ana has declined a request from Valeant Pharmaceuticals International Inc., led by Chief Executive Mike Pearson, and activist investor Bill Ackman to dismiss a lawsuit accusing them of insider trading in shares of Allergan Inc.
Drug makers Allergan PLC and Pfizer Inc. are eyeing a plan to make current Allergan Chief Executive Brent Saunders head of a combined company if they reach a takeover deal, Bloomberg Business reported today, citing unnamed sources.
Irvine-based Quality Systems Inc. named Jeffrey Margolis its new chairman.
Oximeter OK’d, EMMA, SET Studies Presented
Masimo Corp., an Irvine-based maker of patient monitors, finished out October on a fast pace.
Irvine-based Quality Systems Inc. said today that Jeffrey Margolis is its new chairman.
San Clemente-based ICU Medical Inc. today reported an adjusted third-quarter profit that beat analysts’ forecasts.
Irvine-based Masimo Corp. today reported third-quarter results that exceeded Wall Street expectations.
Irvine-based ChromaDex Corp. said today it signed a joint development deal with Cincinnati-based conglomerate Proctor & Gamble Co.
Santa Ana-based MP Biomedicals LLC was sold to Valiant Co. in China for about $134 million.
HEALTHCARE: $211M deal trims market capitalization by 30% in day
Endologix Inc.’s bid to grow market share through a newly struck deal to acquire a competitor appears to have set investors in the Irvine-based medical device maker on edge.
Local Units Part of 23% Revenue Hike on Dental
Units with an Orange County presence helped drive improved financial performance for Danaher Corp.’s third quarter, according to company executives.
HEALTHCARE: Europe rollout, Salus trial, mitral valves in plan
Medical device maker Direct Flow Medical Inc., which maintains a Lake Forest manufacturing hub, is pursuing a three-pronged plan for progress under new leadership.
Shares of Irvine-based medical device maker Endologix Inc. plummeted today on news of a third-quarter loss.
Irvine-based Edwards Lifesciences Corp. reported financial results today that exceeded expectations and sent its shares up in after-hours trading.
Santa Ana-based MP Biomedicals LLC has been sold to Valiant Co., Ltd., in China for about $134 million.
Collaboration Will Include Second Later-Stage Trial
Tustin-based drug developer Peregrine Pharmaceuticals Inc. is expanding its relationship with British drugmaker AstraZeneca PLC.
HEALTHCARE: Joins software work with that of other startups
St. Joseph Health has moved the technology development arm of a company it invested in from Colorado to Irvine.
SERVICES: CSA Group hopes to win more customers
Toronto, Canada-based CSA Group is opening a new laboratory in Irvine with the intent of winning more business from the area’s medical device and diagnostic products makers.
HEALTHCARE: AV device maker to sell $75M in shares
Ellipse Technologies Inc. is gearing up to test the initial-public-offering waters.
Allergan PLC finalized its purchase of Aliso Viejo-based AqueSys Inc. for $300 million plus milestone payments.
Irvine-based cardiovascular device maker Edwards Lifesciences Corp. said today that it signed a deal with San Diego-based CareFusion, a BD company, to enable a pair of their respective devices to work together.
Irvine-based Quality Systems Inc. sold the hospital software division of its NextGen Healthcare subsidiary to Reston, Va.-based QuadraMed Affinity Corp. A purchase price was not disclosed.
Trading of shares in Allergan PLC, whose Botox and eye drug hubs are in Irvine, was briefly halted today and are down in midday trading on news involving rival Valeant Pharmaceuticals International Inc.
Aliso Viejo-based Ellipse Technologies Inc. filed for an initial public offering with the Securities and Exchange Commission to raise up to $75 million.
Report: Company Could Develop ‘Third Pillar’
Irvine-based Masimo Corp. executives recently took to the road to share the patient monitor maker’s story with investors as it moves through the eighth year of its 10-year business plan.
HEALTHCARE: Newly acquired double-chin drug hot, mostly for men
The Botox Cosmetic line and other products overseen by Allergan PLC’s hub in Irvine have long been favorites among well-heeled women.
Irvine-based Edwards Lifesciences Corp. said today that the Food and Drug Administration approved its Edwards Sapien XT replacement heart valve for aortic valve-in-valve procedures.
Kythera Biopharmaceuticals Inc. is cutting 117 workers – or more than half its workforce – after its acquisition earlier this month by Dublin, Ireland-based drug maker Allergan PLC in an all-cash deal valued at some $2.1 billion, according to a state filing.
Irvine-based St. Joseph Health has invested $10 million to expand its partnership with Boulder, Colo.-based Datu Health.
HEALTHCARE: Irvine parent taps banking vets for NY office
Newport Beach-based private equity fund Strathspey Crown Holdings LLC is keeping its focus on healthcare even as it plans to get into the financial management arena through a new subsidiary.
Irvine-based St. Joseph Hoag Health said that in January it will introduce health plans developed with insurer Cigna Corp.
San Clemente-based ICU Medical Inc. said it’s buying Excelsior Medical Corp. in Neptune, N.J. for $59.5 million.
Device Maker’s Head Says It Likes Multiple Partners
The Innovation Institute LLC’s “multiple constituents” were a major factor in Boston Scientific Corp.’s move to be its inaugural medical technology partner, according to a company executive.
Irvine-based St. Joseph Hoag Health said today that in January it will introduce new health plans developed with insurer Cigna Corp.
David Pyott, retired chief executive of Allergan, has donated 4.3 million pounds, or $6.5 million, to the London Business School.
San Clemente-based ICU Medical Inc. said today that it was buying Excelsior Medical Corp. in Neptune, N.J. for $59.5 million.
Allergan PLC, whose eye drug hub is located in Irvine, said today that it will collaborate with Louisville, Ky.-based insurer Humana Inc. on research that will include glaucoma and other eye diseases.
Note Owner Change With Chinese Firm Share Buy
Newport Beach-based Alliance HealthCare Services Inc. executives recently gave shareholders an overview of the recent change in majority ownership and several other matters.
Edwards Lifesciences Exec Helped Bring Breakthrough Valve to Market
Stanton Rowe’s nearly 40-year career in medical devices has been one of intersection and innovation. He has played a crucial role in the development of what’s considered one of the major advances in replacement heart valves.
The U.S. Food and Drug Administration today approved Allergan PLC’s Juvéderm Ultra XC for lip augmentation in adults who are at least 21 years old.
Children’s Hospital of Orange County will receive $17.7 million in a four-year grant from the Centers for Medicare & Medicaid Services.
Irvine-based Sabra Health Care REIT Inc. said today it bought nine senior housing facilities in Illinois, Oregon and Washington in two deals totaling $84.7 million.