Jessie Yount

Startups Reporter

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

Recent Stories

OC Increases Access To COVID Vaccines

HEALTHCARE: Distribution, supply issues persist

Since Orange County opened COVID-19 vaccinations to residents who are 65 and over on Jan. 13, it has continued to face a flurry of distribution and supply challenges.

Startups & Innovations

A team of researchers at the Gavin Herbert Eye Institute are working on a vaccine to combat all coronaviruses, and this month received a $3.7 million supporting grant from the National Institutes of Health.

Crossover Finds Niche With ‘Commercial Advantage’ Plan

Vaccine Distribution, Notary Services Features

Crossover Health, a San Clemente-based healthcare provider, is enticing more large employers with what Chief Executive Scott Shreeve calls its Commercial Advantage model, which plays off the Medicare Advantage model for senior citizens.

Be Well Opens First Mental Health Center

HEALTHCARE: Marks ‘major milestone’ in OC

A collection of local healthcare leaders and politicians believe a new $40 million mental health treatment facility in Orange is the first step in a movement to “lead the nation in optimal mental health and wellness for all residents.”

UCI Plots $1B Health Hub

Acute Care Hospital, Outpatient Center to Open Near Irvine Campus

The University of California, Irvine last week received the green light for a long-awaited medical center on the north side of its Irvine campus.

Midday Stock Roundup

Indexes mixed in midday trading, after ending Inauguration Day on near-record highs

Tease photo

Providence Health Names Manemann as Southern California CEO

Promotes Wexler to lead operations in 3 southern states

Tease photo

Behavioral Health Works Expands Autism Services

On-Site Center For Children, Families

Behavioral Health Works this month opened its first on-site Autism Care & Support Center at its headquarters in Anaheim.

STARTUPS & INNOVATIONS

The OC Health Care Agency has tapped Irvine-based software developer Composite Apps to manage and streamline its COVID-19 vaccine distribution.

Midday Stock Roundup

Indexes rise in midday trading despite poor jobless claim numbers

Tease photo

UCI Gets $10.4M for Computer Sciences, Art

Donation from the Steckler Charitable Fund

Tease photo

STARTUPS & INNOVATIONS

Metronom Health of Laguna Hills raised a $22 million Series D round of financing last month, bringing its total funds to nearly $50 million since its 2010 inception.

Edwards Lifesciences Outlines Growth Plans in 2021

TAVR Rebound; R&D Investments to Continue

Edwards Lifesciences Corp., the highest valued publicly traded company based in Orange County, expects to leave behind the worst effects of the pandemic in 2021.

AIVITA Biomedical Closes $25M Round

HEALTHCARE: Proceeds for vaccine trials; skincare line

AIVITA Biomedical Inc. is charging into the New Year with all cylinders firing.

Evolus Faces Jeuveau Import Ban in Trade Dispute

AESTHETICS: Allergan gets boost; no trade secret

Newport Beach-based Evolus Inc. may face a 21-month import ban in the U.S. after ruling in case involving South Korean pharmaceutical companies and Irvine-based Allergan Aesthetics

Tease photo

Midday Stock Roundup

Clean Energy, Veritone soar in midday trading

Tease photo

Masimo's Moment

Joe Kiani's Big Pivot Helps Fight Coronavirus, Boosts Device Maker’s Value

Joe Kiani, founder and CEO of medical device giant Masimo, is forecasting a 21% sales jump to $1.13 billion— or almost $200 million more than last year

Tease photo

Surfline Catches $30M in Funds, New CEO

SPORTS: Surf report has 3 million annual users

Huntington Beach-based firm Surfline kicks the new year off with new CEO and $30M in fresh funds

Tease photo

STARTUPS & INNOVATIONS

Newport Beach-based NuEyes Technologies Inc. recently unveiled its Pro 3 smart glasses.

Hoag Delivers Modern Maternity Care to Irvine

HOSPITALS: Staff of 70 at Fudge Birthing Suites

Hoag Memorial Hospital Presbyterian plans to bring greater convenience and choice to expecting mothers at its new birthing center in Irvine

Tease photo

Inari Medical Expands Treatment Options

Clot Maker’s Market Cap Tops $4 Billion

Inari Medical Inc. (Nasdaq: NARI) announced late last month its FlowTriever system received federal clearance to treat right atrium clot in transit (CIT).

Beckman Coulter Plans $4 Rapid COVID Test

Aims to Produce 25M Tests/Month

Beckman Coulter Inc. of Brea said late last month it plans to launch a $4 antigen test for mass screening of COVID-19.

Gillman Turned UCI ‘On a Dime’

EDUCATION: Pandemic forces changes on ‘city’ of 60K

It’s clear that the University of California-Irvine didn’t sit the pandemic out.

Midday Stock Roundup

Both the S&P 500 and Dow Jones were flat in midday trading on the last trading day of the year

Tease photo

ICU COVID Hospitalizations Doubled in Past Two Weeks

75% of ICU beds occupied by COVID patients

Tease photo

Midday Stock Roundup

Veritone climbs, Evolus falls

Tease photo

Avid Bioservices Moves Ahead with Tustin Expansion

Raises $34M; Boosts Guidance for Fiscal ‘21

Avid Bioservices Inc. kicked off the first phase of an internal expansion at its Tustin headquarters along Myford Ave. this month.

Hospitals Employ Surge Strategies, Flexibility

HEALTHCARE: Field hospitals, vaccines arrive

Orange County continued to see a surge in COVID patients as the first batch of vaccines arrived last week.

Tease photo

Cancer Therapeutics Firm Reels in $47M

DRUGS: CG Oncology aims for 2023 approval

CG Oncology Inc. is ending 2020 on a high note, raising $47 million this month to support clinical trials of its cancer therapeutics.

Tease photo

New Cruttenden Apps Tackle Micro Investing

FINTECH: Gaming, education, data shaing

Walter Cruttenden, founder and former CEO of Roth Capital Partners LLC in Newport Beach, stepped away as CEO of gaming fintech Blast Inc., inviting his business partner Mike Gleason, co-founder and chief executive of Ant Transaction Machines, to take the spot.

Tease photo

Charitable Acts Speak to Core of Edwards Lifesciences

HEALTHCARE: Giving back has “spill-over effect” on work

Mike Mussallem believes the mission to transform patient lives through medical technology lends itself to charitable giving.

Weedmaps to Go Public in $1.5B SPAC Deal

TECHNOLOGY: $160M in 2020 revenue projected

Orange County’s cannabis industry will get a major boost after Weedmaps parent company WM Holdings Co. goes public next year through a reverse merger that is expected to value the company around $1.5 billion.

STARTUPS & INNOVATIONS

Rael Inc., a feminine products and skincare brand, nabbed $4.4 million in funds this month, according to regulatory filings.

Midday Stock Roundup

Evolus, ClearPoint Neuro rise in midday trading

Tease photo

Evolus Soars 20% After ITC Ruling

CEO says 'no immediate impact' to Jeuveau availability

Tease photo

OC Hospitals Ready to Distribute Vaccine

HEALTHCARE: Execs warn of worsening surge

OC healthcare workers could receive their first dose of the COVID-19 vaccine as soon as this week.

Tease photo

Aspen Medical’s New CEO Sets Course for Expansion

Spinal Brace Maker Eyes Buys, Plans R&D Boost

Irvine-based Aspen Medical Products LLC, a manufacturer of spinal bracing products, named Jim Cloar chief executive.

Tease photo

STARTUPS & INNOVATIONS

Newport Beach's PrimaHealth Credit announced a buy-now, pay-later offering; NotaryCam Inc. acquired by Houston-based company; NOON Aesthetics Ltd. establishes corporate headquarters in Irvine.

Tease photo

UCI Law Dean Departing for Colorado

Richardson to become next president of Colorado College

Tease photo

Midday Stock Roundup

Edwards Lifesciences, Veritone climb in midday trading

Tease photo

STARTUPS & INNOVATIONS

ZenWTR of Irvine raised $22.5M; Morse Micro developing the smallest Wi-Fi HaLow system-on-chip; Prelude Corp. will become a provider in America’s Choice Provider Network

Tease photo

Inari Medical to Ramp Pace of Innovation in ‘21

DEVICES: IPO darling preps for revenue surge

Irvine-based Inari Medical Inc. on a continuous surge in sales, research and development

Tease photo

Cancer-Focused Agendia Adding AI Capabilities

Irvine Diagnostics Firm Taps Pathology Upstart Paige

Agendia Inc. aims to use artificial intelligence to enhance its breast cancer diagnostic tests.

Tease photo

Urovant Stumbles Ahead Of Commercial Launch

Irritable Bowel Treatment Results Fall Short

Irvine-based Urovant Sciences Ltd.'s flagship drug Vibegron missed endpoint in a phase 2a clinical trial for the abdominal pain treatment.

Tease photo

Smile Brands Goes Big in Midwest Buy

DENTISTRY: $1B in revenue for combined co.

Irvine-based Smile Brands Inc. acquires Midwest Dental, expecting to generate $1 billion in annual revenue for combined companies

Tease photo

Midday Stock Roundup

Restaurants make gains in midday trading

Tease photo

UCI Spearheads $109M Down Syndrome, Alzheimer’s Study

New Center Planned; UCI MIND Support

The University of California-Irvine is undertaking a five-year, multi-million dollar project to expand research on Alzheimer’s disease in people with Down syndrome.

Tease photo

STARTUPS & INNOVATIONS

Pear Sports in Newport Beach announced a strategic partnership and its intent to acquire San Clemente-based pilates instructor app Pilates Metrics this month.

Tease photo

Adagio Medical Scores $42M for Heart Device

HEALTH: New way to treat cardiac arrhythmias

Bergheim backers, big market

Tease photo

Axonics Sees Sales Jolt, as Stock Rises

DEVICES: Could hire 100 more in OC in ‘21

Growth in size, market, rep

Tease photo

Prev