HEALTHCARE

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

Famed Lawyer Keeps on Suing

Mark P. Robinson Jr. is concerned about the corporate bankruptcies he’s seen the past few months.

KushCo 2Q Sales Up 240%

KushCo Holdings Inc. (OTC: KSHB), the largest cannabis related company based in Orange County, reported second quarter revenue jumped 240% to $35.2 million.

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Ensign Group Makes 2 Acquisitions

Mission Viejo’s the Ensign Group Inc. (Nasdaq: ENSG), today bought two healthcare facilities in the Dallas and Phoenix areas.

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Investing in Primary Prevention is Key to Addressing Child Abuse

Custom Content by the Orange County Business Journal

Across the nation a report of child abuse is made every 10 seconds…in the State of California a report is made every minute. In the United States, five children die every day from abuse and neglect.

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FDA Warns Mentor

Mentor Worldwide LLC in Irvine is one of two breast implant makers that received a U.S. Food and Drug Administration warning letter for failure to conduct post-approval studies to assess the long-term safety and risks of their silicone gel-filled breast implants.

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UCI Names Population Health Head

University of California-Irvine named Bernadette Boden-Albala as director and founding dean of the university’s new school for population health.

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Cold Genesys Raises $22M

Santa Ana-based Cold Genesys Inc. closed a $22 million Series C preferred stock financing.

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Edwards Expands Heart Portfolio

Edwards Lifesciences Corp. (NYSE: EW), the largest medical device maker in Orange County, announced today it has invested in two companies with structural heart disease technologies.

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Edwards Makes $100M Acquisition

CAS Medical’s technology “provides an important indicator of oxygen levels in the brain, which can enhance clinician decision-making,” said Katie Szyman, Edwards' corporate vice president, critical care, in a statement.

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Biogennix names CFO

Biogennix, an Irvine-based maker of bone graft substitutes, appointed Robert Baizer as its first chief financial officer.

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NextGen Q3 Profit Beats Estimates

NextGen Healthcare Inc. (Nasdaq: NXGN), the biggest publicly traded health care software provider based in Orange County, reported fiscal third quarter adjusted profit of 18 cents, which topped analyst expectations of 15 cents.

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Spectrum Pharma to Sell Drug Portfolio

Spectrum Pharmaceutical Inc. (Nasdaq: SPPI) said today it has sold its portfolio of seven FDA-approved hematology/oncology products to Acrotech Biopharma LLC for up to $300 million.

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Edwards, Boston Scientific Reach Deal

Shares of Edwards Lifesciences Corp. (NYSE: EW) climbed after the largest publicly traded company based in Orange County reached a settlement with rival Boston Scientific Corp. (NYSE: BSX).

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Senior Housing Developers Pay $21M for IBC Site

DEVELOPMENT: SmartHome site eyed for congregate care

A Dallas-based developer of senior living properties has bought a 3-acre site along Barranca Parkway in Irvine, and plans to start construction later this year on one of the city’s largest and amenity-heavy residential complexes for older residents.

UCI Health Names COO

UCI Health appointed Chad Lefteris chief operating officer, effective Dec. 17.

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