$385M Sale for 36 Sites; BK Filing for Operator
Sabra Health Care REIT Inc. (Nasdaq: SBRA) is ridding itself of a portfolio of nursing and senior housing properties run by an under-fire operator in Dallas.
Seal Beach-based Industry Jump Inc. is seeking $500,000 in the form of a convertible note, founder and Chief Executive JJ Englert told the Business Journal.
INNOVATION: New hire from loanDepot
Irvine-based digital mortgage software provider Cloudvirga continues to beef up its executive team.
Mission Viejo-based MYnd Analytics Inc. (Nasdaq: MYND) appointed Patrick Herguth as chief executive officer, replacing George Carpenter who will assume the new role of chief innovation officer.
HEALTHCARE: Big data drives evolution
Big data is the big buzzword in healthcare, and Edwards Lifesciences Corp. (NYSE: EW) is no exception—it’s made it part of a strategy to continue growing one of its three main business lines: critical-care technologies.
INNOVATION: Seeks $3M; Kickstarter to get the word out
Irvine-based Bright Buddies Inc. wants to help children with autism and other special needs.
FDA Rethinks Device Approval Pathway
Food and Drug Administration approval is only the first step to medical device commercialization; device makers also need to obtain positive insurance coverage decisions from payers.