HEALTHCARE

Mission Hospital Names CEO

Mission Hospital named Seth Teigen chief executive.

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$126M Bionic Pancreas on the Way

Boston-based Beta Bionics, which has a 15,000-square-foot manufacturing facility in Irvine, closed out a Series B funding round this month with a second $63 million investment; the first came earlier this year.

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JPMorgan Completes InstaMed Buy

JPMorgan Chase & Co. (NYSE: JPM) closed on its acquisition of InstaMed Inc., a company owned by Newport Beach private equity firm Carrick Capital Partners LLC.

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Edwards Q2 Report Sends Shares Up

Irvine-based Edwards Lifesciences Corp. (NYSE: EW), the most valuable publicly traded company based in Orange County, reported second-quarter sales climbed higher-than-expected 15% on increasing demand for its transcatheter aortic valve replacements.

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Glaukos Licenses Eye Care Tech

San Clemente-based Glaukos Corp. (NYSE: GKOS) licensed technology from Intratus Inc. in San Diego to develop and sell new eye care drugs.

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UCI Prof Gets $15M Grant

University of California-Irvine professor of pediatrics, neurology, and anatomy Dr. Tallie Baram received a five-year, $15 million National Institutes of Health grant.

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OCTANe Launches Family Office Effort

Aliso Viejo-based OCTANe is starting a new venture.

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PE Firm Buys Med Device Maker

Irvine-based Aspen Medical Products sold to New York-based private equity firm Cortec Group on undisclosed terms.

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Masimo’s SedLine Used in Baby Study

EEG Device Monitored Infant Surgeries

Irvine-based Masimo Corp., which makes patient monitoring devices, said a study found one of its products effectively monitored babies and toddlers undergoing surgeries.

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Edwards Lifesciences Likes Medicare TAVR Rulings

Government Streamlines Rules For Costly Procedure

Irvine-based Edwards Lifesciences Corp. (NYSE: EW) said that it’s encouraged by recent streamlining of rules by the Centers for Medicare and Medicaid Services for the life-changing transcatheter aortic valve replacement, or TAVR, procedure for aortic stenosis.

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Irvine’s Cryoport In Expansion Mode

Raises $59.8 Million In Stock Offering

High-flying Cryoport Inc. (Nasdaq: CYRX) has plans to expand its distribution—of which it is the largest transporter of biologically sensitive products—and hire new employees to do it.

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Eye Experts Meet at OCTANe Event

OC’s Hottest Industry Examines New Startups

Networking group OCTANe hosted its annual meeting for one of Orange County’s hottest industries: ophthalmology.

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Blind Brothers Start Clothing Company

Brothers Bryan and Bradford Manning were each 7 years old when they were separately diagnosed with a disease that would eventually make them blind.

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Avid Bioservices Soars After Tumultuous Period

HEALTHCARE: Shares rise 40% after Q4 report

It turns out the reports of Avid Bioservices Inc.’s demise were an exaggeration.

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Weedmaps New CEO Searching for Employees

SERVICES: Popular website has 50+ jobs

Weedmaps, which calls itself “the most widely used medical and recreational marijuana dispensary locator in the industry,” is searching for a few good employees.

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