HEALTHCARE

Recent and archived news stories on: Biotechnology, Doctors, Drugs, Health Insurance, HMO's/PPO's, Hospitals, Medical Devices, Nursing...

UCI School of Medicine Funding Jumps 23%

Doctors Studying Cancer, Stem CellsUCI Health’s School of Medicine garnered $155 million in fiscal 2018-19 funding, a 23% jump from the prior year.

HCP Bets Big On Boston

Irvine-based health facilities REIT HCP Inc. (NYSE: HCP) is buying a 224,000-sqaure-foot life sciences building in Cambridge, Mass., for $332.5 million. The deal closes in December.

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UCI Institute Gets $24M

University of California-Irvine’s Institute for Clinical and Translations Science snagged a $24 million grant from National Institutes of Health.

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Cryoport Improves Product Tracking

Irvine-based Cryoport Inc. (Nasdaq: CYRX) will use technology from Vineti Inc. in San Francisco to help its clients track packages the company ships.

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UCI Names Andriola IT Chief

University of California-Irvine named Tom Andriola its vice chancellor of information technology and data, a new position.

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Midday Stock Roundup

The S&P 500 was flat in midday trading at 2,924.59.

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Global Genes Taps Haugstad as CEO

Founder to Focus On Development Efforts

Aliso Viejo-based Global Genes, a nonprofit that works to connect and educate people suffering from rare diseases, this month appointed Kimberly Haugstad as chief executive.

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Tech Device For UCI Student Doctors

Incoming Class Gets New Ultrasound Product

The incoming fall 2019 class of UCI’s School of Medicine was gifted with more than outerwear during its annual white coat ceremony, the inaugural event for new medical students.

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OCTANe Unit Raises $307M

Aliso Viejo-based OCTANe’s LaunchPad accelerator raised $307 million through the first six months of 2019.

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FDA Discloses Edwards Recall

Shares of Edwards Lifesciences Corp. were down 3.5% in midday trading Thursday, after the Food & Drug Administration said the company had recalled part of a transcatheter heart valve system made since last year.

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Masimo Invests in German Firm

Irvine-based Masimo (Nasdaq: MASI) invested in Würzberg, Gemany-based TNI Medical AG.

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KushCo Adds Cannabidiol

KushCo Holdings Inc. (OTC: KSHB) plans to add cannabidiol distribution to its slate of products and services.

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ChromaDex to Place $7M

Irvine-based ChromaDex (Nasdaq CDXC) will sell $7 million of its common stock in a private placement, with a closing expected Aug. 15.

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Hookah Warning From UCI

Hookah smoking may be trendy among college students, but University of California-Irvine researchers have warned about its dangers.

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UCI Docs Seek Clue to Lyme Disease

University of California-Irvine professors are trying a new approach in Lyme disease research.

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Hoag, UCI After Alzheimer’s Cure

Researchers at Hoag Hospital Newport Beach and University of California-Irvine are taking divergent tacks on Alzheimer’s work.

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