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.
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.
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.
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.”
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.
Indexes mixed in midday trading, after ending Inauguration Day on near-record highs
Promotes Wexler to lead operations in 3 southern states
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.
The OC Health Care Agency has tapped Irvine-based software developer Composite Apps to manage and streamline its COVID-19 vaccine distribution.
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.
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.
HEALTHCARE: Proceeds for vaccine trials; skincare line
AIVITA Biomedical Inc. is charging into the New Year with all cylinders firing.
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
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
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
Newport Beach-based NuEyes Technologies Inc. recently unveiled its Pro 3 smart glasses.
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
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).
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.
EDUCATION: Pandemic forces changes on ‘city’ of 60K
It’s clear that the University of California-Irvine didn’t sit the pandemic out.
Both the S&P 500 and Dow Jones were flat in midday trading on the last trading day of the year
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.
HEALTHCARE: Field hospitals, vaccines arrive
Orange County continued to see a surge in COVID patients as the first batch of vaccines arrived last week.
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.
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.
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.
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.
Rael Inc., a feminine products and skincare brand, nabbed $4.4 million in funds this month, according to regulatory filings.
HEALTHCARE: Execs warn of worsening surge
OC healthcare workers could receive their first dose of the COVID-19 vaccine as soon as this week.
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.
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.
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
DEVICES: IPO darling preps for revenue surge
Irvine-based Inari Medical Inc. on a continuous surge in sales, research and development
Irvine Diagnostics Firm Taps Pathology Upstart Paige
Agendia Inc. aims to use artificial intelligence to enhance its breast cancer diagnostic tests.
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.
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
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.
Pear Sports in Newport Beach announced a strategic partnership and its intent to acquire San Clemente-based pilates instructor app Pilates Metrics this month.
HEALTH: New way to treat cardiac arrhythmias
Bergheim backers, big market
DEVICES: Could hire 100 more in OC in ‘21
Growth in size, market, rep