Jessie Yount

Startups Reporter

Email: yount@ocbj.com
Phone: 949-833-8373 Extension: 224

Recent Stories

Midday Stock Roundup

Clean Energy falls, Montrose gains

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BioDot Snapped up for $84M

CEO Tony Lemmo to retain top spot at chemical dispenser firm

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UCI Receives $5M Donation from Linda and Mike Mussallem

Gift for cardiology research at the Susan Samueli Integrative Health Institute

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Anivive Sprints to Market With Pet Chemotherapy

DRUGMAKERS: Allergan ties, notable OC backers

$5 million in research and development costs funded project to address a global need in pet healthcare

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Tarsus Pharm Sets Sights on China

DRUGMAKERS: $200M licensing deal with LianBio

Feature product TP-03 will help patients in China with inflammatory eye conditions, more products planned

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Hoag Orthopedic Institute Shakes Up Exec Team

Outpatient Migration, Opioid Stewardship Ambitions

Procedures at HOI are rising as pandemic encouraged apprehensive patients

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STARTUPS & INNOVATIONS

There is a rise in partnerships, financing, and new products in Orange County this week

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Crossover Health Scores $168M Series D

HEALTHCARE: Medical group nears unicorn status

2021 expansion plans in place as the customer base and list of investors continue to grow

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Midday Stock Roundup

Medical device stocks rose in midday trading

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UCI Law Names Bryant Garth Interim Dean

Dean Richardson departs end of June

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Acorns Acquires Student Loan Fintech Pillar

Micro-investing firm has over $4.3B AUM

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UCI Exceeds $1B in Gifts for Brilliant Future Campaign

Donations support healthcare, research, arts, scholarships

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UCI Chief Innovation Officer Sudek Departs

EDUCATION: Led growth of Applied Innovation center

Coaching, investing are new intended focuses after UCI retirement

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UCI Nabs $500K Grant For COVID Data Collab

Effort Spans Five UC Health Centers

Collaborative initiative will help accumulate data for long-term medical considerations

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STARTUPS & INNOVATIONS

Irvine-based Cohere, a software platform for customer-facing employees, recently closed a $3.1 million seed round of financing led by Initialized Capital.

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Lennar Builds OC Ties; $50M City of Hope Gift

Healthcare: Funds for cancer center in Irvine

Research Collaboration between City of Hope and University of Miami thanks to Lennar connection

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New President for Irvine’s Advanced Sterilization Products

Barry Brings Experience In Healthcare, Software

Advanced Sterilization Products last week named Aisha Barry its president.

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Midday Stock Roundup

Clean Energy Fuels rises, Vizio falls

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Egerstedt Named UCI Samueli Engineering School Dean

Brings robotics expertise, Georgia Tech ties

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Tarsus Expands Reach to China

Deal with Shanghai-based LianBio worth up to $200M

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Lennar Foundation Gives $50M to City of Hope

Donation to support opening of Irvine-based comprehensive cancer center in 2022

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Urovant Taken Private as Sumitovant Deal Closes

Urovant Prepping for U.S. Commercial Launch of GEMTESA

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Crossover Health Raises $168M

Deerfield Leads Series D Financing Round

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STARTUPS & INNOVATIONS

AcuFocus Inc. of Irvine is preparing to launch its small aperture intraocular lens for the treatment of cataract in the U.S.

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Inspire Diagnostics Champions Return to Sports

Provides COVID Testing For High School Teams

Partnership with Black and Veatch provides more capabilities for mobility and services

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NextGen Moves HQ to Atlanta

HEALTHCARE: Irvine offices up for sublease

Pandemic related restructuring led to multiple office vacancies as Atlanta becomes new home

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Midday Stock Roundup

Interlink soars while Evolus falls

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Ambry Genetics Unveils Precision Diagnostics Network

Parent KMPM Inks 5-Year Deal With Amazon

Amazon investment leads to five-year collaboration to support technological enhancements and cloud computing capabilities

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Western State Finds Home At Westcliff University

EDUCATION: Anticipates growth amid distance learning

Western State growth a good sign for the legal education market in Southern California

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STARTUPS & INNOVATIONS

Focus on digital platforms are being utilized across various industries

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UCI Law Searches For Third Dean

EDUCATION: Richardson to Colorado College

L. Song Richardson’s tenure as dean of the University of California, Irvine School of Law, is coming to an end after three years.

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AMT to Acquire RestorixHealth

2nd Change in Structure Since August 2020

Acquisition of the New York provider will extend AMT's services and range

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Midday Stock Roundup

Banks rise, Allied Esports soars

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City of Hope Leads OC Arts Initiative

Spreads Message Of ‘Hope Lives in OC’

Street arts initiative will promote hope and resilience at various locations in Orange County

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Titan HST Revamps Safety Platform to Track COVID

TECHNOLOGY: Offers ‘one-stop shop’ for offices

Improvements in emergency technologies helped create adaptions towards COVID-19 safety features.

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STARTUPS & INNOVATIONS

Tandem of San Clemente has received an undisclosed investment from Shark Tank’s Robert Herjavec and KIND Snacks founder Daniel Lubetzky in exchange for 35% equity in the company.

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Midday Stock Roundup

Indexes rose after the House passed a $1.6T coronavirus relief bill

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Inari Beats on Q4 Sales

New products, expanding markets

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Avid Reaches Record Revenue Backlog

Contract manufacturer boosts 2021 annual sales projection to $91M

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STARTUPS & INNOVATIONS

ZeroTier, an Irvine-based software platform for connecting computer networks, recently completed a $2 million seed round of financing.

Axonics Expands; $200M Contura Buy

HEALTHCARE: Tackles stress urinary incontinence in women

Axonics Modulation Technologies Inc. tackles stress urinary incontinence in women

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Midday Stock Roundup

Healthcare stocks decline led by Avid Bioservices

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Masimo Brings Patient Monitoring App to Businesses

Automation, Wearables Fuel Record Year of 2020 Sales

Irvine-based medical device maker Masimo Corp. has expanded a web and mobile app developed to help hospitals monitor COVID-19 patients at home to universities, production studios and other businesses

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STARTUPS & INNOVATIONS

Edwards Lifesciences Corp., Orange County’s largest publicly traded company, recently spun off Aliso Viejo-based healthcare software company Egnite Health.

Evolus’ Jeuveau To Stay in US Market

AESTHETICS: $35M settlement with Allergan

Evolus Inc. has a smile back on its face after reaching a settlement agreement with Allergan Aesthetics, which will allow the relative newcomer to the aesthetics market to sell its wrinkle-smoothening product, Jeuveau, in the U.S.

Axonics Acquires Bulkamid Maker Contura

Deal valued up to $200 million plus additional milestone payments

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Midday Stock Roundup

Indexes fell in midday trading as tech stocks continued their declines

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Venture Capitalists Investing in AI, Health, Wellness

VCs Reduce Local Investments to $97M

Venture capital firms with offices in Orange County decreased their local investments last year by about 11%.

CareTrust REIT Beats Goals in Challenging 2020

New President and GC; Skilled Nursing Recovery

As several major healthcare real estate investment trusts withdrew 2020 guidance last spring, CareTrust REIT Inc. stuck to its prediction of net income of approximately 76 to 78 cents per share.

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STARTUPS & INNOVATIONS

PatientFi LLC this month announced a co-marketing partnership with fellow Irvine-based Allergan Aesthetics to provide financing options for patients interested in Natrelle breast implants.

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