A. Leigh Corbett
Irvine Co. certainly isn’t among the ranks of OC companies looking to relocate to Texas.
Four Seasons Offers ‘Contactless’ Massages
Irvine-based Hyperice Inc., which makes sports recovery tools for athletes and weekend warriors alike, said Four Seasons Hotels and Resorts will be using its massage products at several of its spas.
Taps Zeiber to Fundraise, Austin to Oversee New Campus
City of Hope Orange County has hired Larry Zeiber as vice president of philanthropy and Wendy Austin as senior vice president of operations.
Seeks Fast FDA OK For Serology Analysis
Irvine-based Biomerica Inc. has submitted its ELISA lab-based serology blood test to the Food and Drug Administration for Emergency Use Authorization (EUA), making it the third type of coronavirus diagnostic for the company.
STAAR Surgical Company leapt 9% to $60 a share and Veritone Inc., surged 8% to $18.21 a share (click to read more).
Tustin-based Avid Bioservices inc. (Nasdaq: CDMO) appointed Nicholas Green as its new chief executive officer effective, July 30th.
Personal Health Data Can Be Saved, Shared by Doctors
Konica Minolta Precision Medicine Inc., the Aliso Viejo-based healthcare unit of Tokyo’s industrial imaging product giant Konica Minolta Inc., has added another company’s technology to its portfolio.
Drugmaker Taps Ex- Allergan CFO Hindman
Irvine-based Urovant Sciences Ltd., a maker of overactive bladder medication, appointed Walt Johnston to the role of senior VP of commercial, while electing James Hindman to its board of directors.
Veritone, Inc. rose a massive 16% and Alteryx Inc., (NYSE: AYX) moved up 6.4% (read more)
Local Building Buys; China Valve System OK
Add another Irvine building to the growing real estate portfolio of Edwards Lifesciences Corp.
Markets dropped over new concerns about coronavirus spikes, a trend that affected OC-based restaurant and retail chains (click to read more).
HEALTHCARE: Wexler says too many putting off care
Dispute moves to court
Company Says Product Now Oversupplied
Good news pertaining to the supply of ventilators in the U.S. has put Biolase Inc.’s plans for a corporate pivot on hold for now.
Emerald Holdings, Inc. soared 17.8% while Veritone Inc., (Nasdaq: VERI) rose 9.8% after a report citing increased demand for AI (click to read more).
Local Job Cuts, Digital Options for Customers
Glidewell Laboratories, one of Orange County’s largest medical device companies, is, like the dental industry it serves, feeling the hit of the coronavirus to its operations.
Initial Results Show Success Over Placebo
Orange’s UCI Medical Center, the first academic medical institution in Southern California to start a trial to test the effectiveness of Gilead Science Inc.’s remdesivir on the coronavirus, has concluded Phase 1, saying the drug demonstrated success over a placebo control group in a double-blind trial run.
Month-Long Study Tracking 250 Employees
Irvine-based WytCote Technologies, a provider of healthcare-focused monitoring technologies, has gone from monitoring baby boomers to helping babies as it moves forward with its COVID-19 antibody test in a partnership with CHOC Children’s.
Q1 Revenue Easily Tops Consensus
Axonics Modulation Technologies Inc. (Nasdaq: AXNX), the Irvine-based maker of devices to help control bladders, has had a busy month.
HEALTHCARE: Surge of coronavirus cases avoided
Orange County’s hospitals are returning to normal, in phases, as a feared surge of coronavirus patients has not occurred.
DEVICES: Most successful product rollout ever
If ever there was a case study of a company having the right products at the right time, medical device maker Masimo Corp. could be the subject.
MaxAir Makers Putting ‘Everything on Table’
Irvine-based Bio-Medical Devices International, which is better known by its flagship product and alias MaxAir Systems, has “significantly ramped up” production to manage a surge in its facemask products and related breathing components to deal with the coronavirus.
Provides Components For 15-Minute CV Tests
BioDot Inc., an Irvine-based medical device maker involved in testing for the corona-virus, was acquired March 27 for an undisclosed amount by Boston-based Artemis Capital Partners.
Says Battery Won’t Degrade Over 15 Years
Irvine-based Axonics Modulation Technologies Inc. (Nasdaq: AXNX) has been granted Food and Drug Administration approval for its device for overactive bladders.
Board Director Replaces Founding CEO
Urovant Sciences Ltd. (Nasdaq: UROV) has named board member James Robinson chief executive, replacing founding CEO Keith Katkin, who will remain an adviser to Urovant.
Raising Funds During Coronavirus
Irvine-based Aivita Biomedical Inc. said it’s “encouraged” by survival results from its Phase 2 clinical trials for glioblastoma brain cancer, which uses stem cell therapies.
HEALTHCARE: Promises results in 10 minutes
Diagnostic products maker shares triple
Will Use Funds For Lung Cancer Test
OncoCyte Corp. (NYSE: OCX), the Irvine-based designer of a lung cancer test, disclosed in late March that it may sell up to $25 million in shares to fund ongoing operations.