HEALTHCARE

Allergan Seeks to Shed Two

In response to its lagging stock, Allergan Plc (NYSE: AGN) will seek buyers for both its women’s health and infectious disease units. CEO Brett Saunders confirmed the unanimous board decision in an interview with Reuters on Wednesday.

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Evolus Names CFO

Evolus Inc. (Nasdaq: EOLS) appointed Lauren Silvernail as chief financial officer and executive vice president of corporate development.

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ICU Talks Merger with Smiths Unit

British engineering firm Smiths Group plc (LON: SMIN) confirmed it is in “very early stage discussions about a potential merger of its medical division with ICU Medical Inc. (Nasdaq: ICUI),” according to a company press release.

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St Joe’s Walker to City of Hope

Annette Walker has been named president of City of Hope, Orange County, in charge of developing the cancer center planned for the Great Park Neighborhoods in Irvine.

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FDA Sets Evolus Back

Irvine-based Evolus Inc.’s stock (Nasdaq: EOLS) have taken a rollercoaster ride this week. Shares earlier buoyed by news of its new chief executive dove today when it gave updates related to the regulatory progress on the pending approval of its drug candidate DWP-450.

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Allergan Appoints New Aesthetics Head

Allergan Plc named Carrie Strom as senior vice president of U.S. Medical Aesthetics, reporting to Chief Commercial Officer Bill Meury.

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Evolus Taps Allergan Exec

Evolus Inc. named David Moatazedi president and chief executive. He comes from Allergan plc, where he was most recently senior vice president of U.S. medical aesthetics.

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Allergan Considers Options

Allergan PLC Chief Executive Brent Saunders told investors on Monday that the company is evaluating a range of strategic options, including “splitting the company.”

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Judge Denies Motions to Dismiss Mazzo Case

Judge Andrew Guilford ruled on Tuesday that the government can proceed with a third trial against health-care executive Jim Mazzo on insider trading charges.

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Allergan Q1 Beats Street Estimate

Allergan Plc posted first quarter earnings that beat analyst estimates and raised its revenue guidance for 2018.

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Judge to Rule Tuesday on Mazzo: Dismissal or Third Trial

Lawyers came to Judge Andrew Guilford’s courtroom on Monday with two motions and three arguments to prevent a third trial against Jim Mazzo for breaking insider trading rules.

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$10M for CHOC Autism Center

Children’s Hospital of Orange County plans to open an autism center at 170 S. Main St. in Orange in early 2019.

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Jaksch to Exec Chairman; ChromaDex Names New CEO

ChromaDex Corp. (Nasdaq: CDXC) said Chief Executive Frank Jaksch will become executive chairman and the company’s current president and chief operating officer, Rob Fried, will get Jaksch's role June 22, after the company’s annual meeting.

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Allergan Opens, Closes, Window on Shire

Allergan PLC won’t pursue a deal to buy Shire PLC, the company said, after earlier considering a bid.

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Cancer-Tester LAM Exits Stealth Mode

HEALTHCARE: Launched IvyGene; to expand Irvine HQ

Irvine-based Laboratory for Advanced Medicine Inc. isn’t pursuing a magic-bullet immunotherapy drug to cure all cancers yet, but it sure is in growth mode.

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