Orange County Business Journal

Sonendo Raises $10 Million

Sonendo Inc., a Laguna Hills-based dental device company, closed a $10 million venture debt financing with Alexandria, Va.-based Oxford Finance LLC.

$32.5 Million for Irvine Device Maker

Irvine-based Axonics Modulation Technologies Inc. said today it completed a $32.5 million first round of financing.

Allergan Growth Outlook ‘Noteworthy Exception’

Among Best Large-Cap Growth Prospects

Irvine-based Allergan Inc. is offering “a precious commodity” for pharmaceutical investors—growth, according to one analyst.

UK Device Maker Eyes Offering Here

HEALTHCARE: Lombard’s US operations in Irvine

A British medical device maker that has its U.S. headquarters in Irvine is seeking its fortune in the U.S.

Device Designer to Stay Local Under New Owner

HEALTHCARE: Sees benefit in Illinois company’s size

An Irvine design and engineering firm that develops products for medical device and biotech companies has been sold to a larger competitor.

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Device Maker Presbia Files for IPO

Irvine-based eye device maker Presbia PLC on Thursday filed a registration statement with the Securities and Exchange Commission to offer $90 million in common stock.

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Device Maker Presbia Files for IPO

Irvine-based eye device maker Presbia PLC today filed a registration statement with the Securities and Exchange Commission to offer $90 million in common stock.

AtheroNova Offering $15M in Stock, Plans Exchange Move

Irvine-based AtheroNova Inc. has filed papers with the Securities and Exchange Commission to sell $15 million worth of common stock and move its listing to the New York Stock Exchange.

AtheroNova Offering $15M in Stock, Plans Exchange Move

Irvine-based AtheroNova Inc. has filed papers with the Securities and Exchange Commission to sell $15 million worth of common stock and move its listing to the New York Stock Exchange.

St. Joe’s Cuts Reflect New Dynamics for OC Hospitals

HEALTHCARE: Some service shifts to CHOC, Hoag Irvine

Recent layoffs at one of Orange County’s bigger hospitals appear to be a reaction to a number of changes in the local hospital landscape.

Gores Group Backs Device Maker’s Buy

HEALTHCARE: San Clemente company buys in Slovenia

A San Clemente-based medical laser maker has reached into Eastern Europe with help from a private equity firm in Los Angeles.

British Heart Team Uses Edwards Valve in Implants

Doctor Said Device Could Extend, Improve Lives

Edwards Lifesciences Corp. recently hit another milestone with one of its less-invasive heart valves.

Irvine Medical Device Maker Seeks IPO

Lombard Medical Inc., a British medical device maker with U.S. headquarters in Irvine, filed a registration statement with the Securities and Exchange Commission for an $80 million initial public offering on the Nasdaq exchange.

Hoag Adds Services in 50,000-SF Expansion in HB

HEALTHCARE: Addition to existing center to open in April

Hoag Memorial Hospital Presbyterian is doubling its presence in Huntington Beach, where it plans to provide “integrated care” through a mix of services.

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Device Maker Plans $80M U.S. IPO

Lombard Medical Inc., a British medical device maker with U.S. headquarters in Irvine, has filed a registration statement with the Securities and Exchange Commission for an $80 million initial public offering on the Nasdaq exchange.

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Device Maker Plans $80M U.S. IPO

Lombard Medical Inc., a British medical device maker with U.S. headquarters in Irvine, has filed a registration statement with the Securities and Exchange Commission for an $80 million initial public offering on the Nasdaq exchange.

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FDA Clears Pair of Irvine Company’s Medical Devices

Ellipse Technologies Inc., an Irvine medical device maker, said the Food and Drug Administration recently gave it marketing clearance for a pair of its products.

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FDA Clears Pair of Irvine Company’s Medical Devices

Ellipse Technologies Inc., an Irvine medical device maker, said the Food and Drug Administration recently gave it marketing clearance for a pair of its products.

UCI Cancer Center Adds Trial, Treatment Options

HEALTHCARE: $5M paves way for more advanced trials

A new center for cancer research and clinical trials at the University of California, Irvine, has the potential to give patients who want to use advanced therapies a chance to stay in Orange County for treatments.

Medical Device Tax Repeal Bid Emerges in New Form

Latest in String of Efforts To Kill 2.3% Revenue Tax

A longtime effort to repeal a federal tax on medical device makers’ revenue is bubbling up again.

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Smile Brands Names New Chief Executive

Irvine-based Smile Brands Group Inc. has appointed Dan Wechsler as its president and chief executive.

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Ensign Buys Arizona Nursing Home

Mission Viejo-based nursing home operator Ensign Group Inc. said today that it bought Horizon Post-Acute and Rehabilitation Center in Glendale, Ariz. A purchase price wasn’t disclosed.

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Ensign Buys Arizona Nursing Home

Mission Viejo-based nursing home operator Ensign Group Inc. said today that it bought Horizon Post-Acute and Rehabilitation Center in Glendale, Ariz. A purchase price wasn’t disclosed.

Allergan Ups Retinal Disease R&D With Collaboration

Will Work With Voyant on Possible New Drugs

Irvine-based Allergan Inc. is adding to its programs for potentially treating age-related macular degeneration.

‘Cosmeceutical’ Pioneer Sees Fast Growth on ZO Line

HEALTHCARE: Irvine skincare line at $20M, 55 workers

Irvine-based ZO Skin Health Inc. wants to redirect women from the cosmetic counter to their doctor’s office.

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Questcor Shares Fall on FDA News

Anaheim-based Questcor Pharmaceuticals Inc.’s shares fell today after the Food and Drug Administration acknowledged that it was reviewing materials related to the company’s primary drug, H.P. Acthar Gel.

MemorialCare Gears Up for Healthcare Changes

HEALTHCARE: Promotions, new hires reflect reform’s effects

MemorialCare Health System is remaking its front office with an eye on healthcare reform.

Masimo Gets Good Analyst Grades for Long Term

Still Uncertainty Over Covidien Royalty Payments

Irvine-based patient monitor maker Masimo Corp.’s long-term growth prospects remain attractive, an analyst said this month.

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Biolase Signs 3-D Printer Deal, Shares Rise

Irvine-based Biolase Technology Inc.’s stock jumped in the double digits Thursday after it signed a distribution deal for 3-D printers.

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Biolase Signs 3-D Printer Deal, Shares Rise

Irvine-based Biolase Technology Inc.’s stock jumped in the double digits today after it signed a distribution deal for 3-D printers.

Kiani’s Patient Safety Bid Gains Look of Movement

HEALTHCARE: More companies, hospitals join Masimo-led initiative

More companies and hospitals are being drawn to the patient safety movement spearheaded by the chief executive of Irvine-based patient monitor maker Masimo Corp.

Allergan Spends More to Market Established Brands

Advertising Budget 13% Higher Than 2013’s

Irvine-based Allergan Inc. may be on the hunt for new products, both internally and externally, but it’s still working its core brands by investing in advertising campaigns, according to Chief Executive David Pyott.

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Masimo’s Q4 Profit in Line, Misses on Revenue

Irvine-based medical device maker Masimo Corp. on Thursday posted a fourth-quarter profit in line with Wall Street, while revenue missed expectations.

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Masimo’s Q4 Profit in Line, Misses on Revenue

Irvine-based medical device maker Masimo Corp. today posted a fourth-quarter profit in line with Wall Street, while revenue missed expectations.

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ICU Medical Names CEO

San Clemente-based ICU Medical Inc. said today that it appointed Vivek Jain as its new chief executive, effective Feb. 13.

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Newport Specialty Hospital to Close This Week, Furlough 147

177-bed Newport Specialty Hospital will lay off its staff of 147 workers and close on Feb. 15, according to a state filing.

Newport Specialty Hospital to Close This Week, Furlough 147

177-bed Newport Specialty Hospital will lay off its staff of 147 workers and close on Feb. 15, according to a state filing.

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New CEO for ICU Medical

San Clemente-based ICU Medical Inc. said today that it appointed Vivek Jain as its new chief executive, effective Feb. 13.

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Hospitals Stretch Selves Into More Innovation

Seek Entrepreneurs to Improve Healthcare, Bottom Lines

Orange County hospital systems are moving deeper into the “business of innovation” as they seek to respond to changes in the healthcare sector.

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Hoag Orthopedic Aims for Transparency, Engagement

Institute’s Surgery Volume Ranks High Nationally

Hoag Orthopedic Institute, an Irvine-based specialty hospital, looks up to a role model for the type of healthcare it strives to provide.

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Pyott Points to $10B Potential for Allergan Acquisitions This Year

HEALTHCARE: Plenty of cash, little debt, wider market focus

Put Allergan Inc. down as a big shopper this year, thanks to a full coffer of cash and a corporate credit score that could accommodate as much as $10 billion worth of deals.

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Hospitals Have Mixed Year as Profits for Some Dip

Profits of 30 Biggest Drop 7%, Revenue Up

Orange County’s largest hospitals posted mixed results on the profit side over the past year or so. Includes the 2014 OC's HOSPITALS list for download (pdf)

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Questcor Pharmaceuticals Names New Chief Financial Officer

Anaheim-based drug maker Questcor Pharmaceuticals Inc. said Wednesday that it appointed Rajesh Asarpota as its new chief financial officer. His appointment is effective Feb. 17.

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Questcor Pharmaceuticals Names New Chief Financial Officer

Anaheim-based drug maker Questcor Pharmaceuticals Inc. said today that it appointed Rajesh Asarpota as its new chief financial officer. His appointment is effective Feb. 17.

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Allergan Beats Estimates, Issues Conservative Guidance

Irvine-based Allergan Inc. today reported fourth-quarter financial results that surpassed expectations and issued a cautious outlook for the current quarter.

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Kimberly-Clark Moves I-Flow Operating Unit to Irvine

Dallas-based Kimberly-Clark Corp. said today that its I-Flow LLC business unit moved from Lake Forest to the Discovery Business Center in Irvine. Lease terms were not disclosed.

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Kimberly-Clark Moves I-Flow Operating Unit to Irvine

Dallas-based Kimberly-Clark Corp. said today that its I-Flow LLC business unit moved from Lake Forest to the Discovery Business Center in Irvine. Lease terms were not disclosed.

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Quality Systems Tries to Improve Hospital Line

It’s Struggled Despite Its Promise Due to Reform

Irvine-based healthcare software maker Quality Systems Inc. has a plan to boost its struggling hospital business, its chief executive said late last month.

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Allergan Ramps Up R&D, Eyes Acquisitions

HEALTHCARE: Plans to add hundreds of researchers

Allergan Inc. is setting an ambitious goal for research and development spending as it continues to load its pipeline.

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Why Keirstead Left UCI for Corner Office

HEALTHCARE: Stem-cell pioneer sees potential for commercial OK

Orange County stem-cell pioneer Hans Keirstead has added another title to his repertoire as the company he now runs revs up its action.