University of California-Irvine named Bernadette Boden-Albala as director and founding dean of the university’s new school for population health.
Santa Ana-based Cold Genesys Inc. closed a $22 million Series C preferred stock financing.
Biomerica Anticipates FDA OK for Diagnostics Test
An Irvine-based team for Medtronic PLC (NYSE: MDT) helped the company gain Food and Drug Administration clearance for an expanded use of its Pipeline Flex device to treat patients with small or medium wide-necked brain aneurysms.
Edwards Lifesciences Corp. (NYSE: EW), the largest medical device maker in Orange County, announced today it has invested in two companies with structural heart disease technologies.
HEALTHCARE: CareTrust, Ensign aim for busy 2019
Orange County-based companies in the healthcare real estate sector are back in a buying mood this year, particularly for skilled nursing facilities.
Hospitals Expand Outpatient Footprint
BioCorRx Inc., an over-the-counter publicly traded company with a $10 million market cap (OTC: BICX), is attracting the interest of drug abuse experts and the co-founder of a well-known institutional investor.
Masimo Monitoring Device Cleared for Home Use
Edwards Lifesciences Corp. (NYSE: EW) scored a win with its Pascal transcatheter valve repair system that received European CE Mark for the treatment of patients with mitral regurgitation, or abnormal blood flow.
Biosense Starts Study; UCI in Skin Scar Report
Axonics Modulation Technologies Inc. (Nasdaq: AXNX) is getting closer to Food and Drug Administration clearance for the company’s first big product, the implantable r-SNM System, which uses mild electrical pulses as a treatment for people with urinary and fecal dysfunction.
HEALTHCARE: Amen unfazed by critics
Dr. Daniel Amen has a crazy idea.
HEALTHCARE: CEO bets on cancer drugs
Spectrum Pharmaceuticals Inc. (Nasdaq: SPPI) Chief Executive Joe Turgeon plans to continue and perhaps expand the company’s research operations in Orange County despite job cuts elsewhere.
UCI, Kaiser, Hoag: $3B, 37% of List’s Net Revenue
Orange County hospitals grew net patient revenue 7% year-over-year to $8.5 billion, largely due to the continuing move toward more outpatient visits.
Healthcare continues to move beyond the four walls—and multiple floors— of a hospital. Reasons for the “outpatient migration” to ambulatory care sites, other nontraditional locales and even into the home flow from personalization in care, cost savings, socioeconomic factors and lifestyle changes, all keyed to the goal of determining optimum treatment.
Endologix’s Bad News; Masimo’s New Software
Cryoport Inc. (Nasdaq: CYRX), the Irvine-based cold-chain shipping logistics provider, is riding the gene and cell therapy development boom.
Hospitals Leading on AI, Data, Machine Learning
AI. Machine learning. Hospitals and healthcare.
HEALTH: CHOC, Kaiser, CalOptima, St. Joe, On Board
A $40-million, 60,000-square-foot medical facility in Orange will break ground soon with an initial $16.6 million in public money and further backing from OC healthcare providers St. Joseph Hoag Health and Kaiser Permanente, as well as OC’s largest health insurer Cal Optima.
HEALTHCARE: Stock surges, new hires on tap
Shares of Evolus Inc. increased nearly 70% in the week after the Newport Beach-based company announced it won regulatory approval to sell a cheaper version of Allergan PLC’s best-known product, Botox.
Expands Radiant to Generate Revenue
Guita Sharifi believes a nonprofit should run like a business, albeit with room for tears and fun.
UCI Health Boss Starts; BioCoRx Wins Grant
Hoag Orthopedic Institute, which operates under a joint venture between Hoag Memorial Presbyterian Hospital and a physician group, is expanding.
Biogennix, an Irvine-based maker of bone graft substitutes, appointed Robert Baizer as its first chief financial officer.
Allergan Study Success; Nestlé Likes ChromaDex
Masimo Corp. Chief Executive Joe Kiani is relinquishing his baton at the Patient Safety Movement Foundation, a nonprofit he founded in 2013 to reduce the number of preventable deaths in hospitals.
HEALTHCARE: Seeks help to find new drugs
University of California-Irvine has a vision for what the future of healthcare will look like, at least on its campus—an interdisciplinary approach to care and research comprised of four disciplines within its college of health sciences.
Masimo Appoints Shimer; Urovant Starts Trial
Cryoport Inc. (Nasdaq: CYRX) recently expanded its international market presence by partnering with Dacos A/S, a laboratory equipment maker based Denmark.
NextGen Healthcare Inc. (Nasdaq: NXGN), the biggest publicly traded health care software provider based in Orange County, reported fiscal third quarter adjusted profit of 18 cents, which topped analyst expectations of 15 cents.
Aerie Eyes Japan For Rhopressa
Edwards Lifesciences Corp. (NYSE: EW), known for pioneering less-invasive transcatheter heart repair procedures, will work with San Francisco-based Bay Labs Inc. to apply artificial intelligence to cardiovascular imaging, to improve the detection of heart disease.
Spectrum Pharmaceutical Inc. (Nasdaq: SPPI) said today it has sold its portfolio of seven FDA-approved hematology/oncology products to Acrotech Biopharma LLC for up to $300 million.
New Product Lines, $599 Offering and UK Office
Anaheim-based BioPhotas Inc., a company looking to grow its presence in the biophotonics industry—a sector that combines biology and photonics—is expanding its product lines, consumer offerings, and global reach.
HEALTHCARE: New CEO aims to regain trust
Endologix Inc. Chief Executive John Onopchenko is facing a Wall Street skeptical about the company’s future.
CEO Burns Amazed At iStent’s Acceptance
Three days in 2018—June 25, Aug. 29 and Nov. 14—highlighted the blockbuster year experienced by Glaukos Corp. and its shareholders.
Salaway Leaves Next Month
Mission Hospital, which is comprised of a campus in Mission Viejo and Laguna Beach, is getting new leadership.
HEALTHCARE: Investment could seed 2019 acquisitions
Cryoport Inc. (Nasdaq: CYRX) is not the only one excited about the outlook of biotech companies and their cell and gene therapy pipelines—and the services used to transport their ultra-sensitive materials from place to place.
“With an expected market time of 127 days for all of Orange County, this is the coolest December since 2010” for home sales, notes a Dec. 16 report from local housing economist Steven Thomas.
INNOVATION: Mensa member targets B-to-P
Vosht Capital hopes to shake up Orange County’s funding ecosystem.
RMV Health Center To Open Next Year
MemorialCare Health System is expanding its outpatient footprint, with South Orange County in particular getting more emphasis.
Next year digital health and big data analytics will come together to create more personalized care. OC’s ever-evolving healthcare industry will play a big part.
EvoNexus this month named Bob Genthert as managing director of the Southern California startup incubator’s location in Irvine.
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.
$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.