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.
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.
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.
$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.
INNOVATION: New hire from loanDepot
Irvine-based digital mortgage software provider Cloudvirga continues to beef up its executive team.
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.
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.
Verrix LLC recently announced the initial close of a Series B funding round for $8 million.
HEALTHCARE: Eyes other sources of logistics growth
Cold-chain logistics provider Cryoport Inc. is getting a warmer reception on Wall Street.
Newport Beach-based Amnion Life, which develops incubation technology for premature babies, is seeking $200,000 on Wefunder to help bring its product to market.
Removes Necessity For Valve Alignment
Edwards Lifesciences Corp. (NYSE: EW) recently won European CE Mark for its next-generation transcatheter valve Sapien 3 Ultra for transcatheter aortic valve replacement.
HCP’s GC Oversees Corporate Reinvention
It’s not uncommon for a person to quote an inspiring leader—Lincoln, Gandhi or even Vince Lombardi—during an acceptance speech.
January Launch For Medicare Advantage
Orange-based Alignment Healthcare is a little more than a month from introducing a first-of-its-kind concierge program for seniors with Medicare Advantage insurance coverage.
Fast-growing fintech firm Acorns Grow Inc. is seeking another funding round that would vault the 6-year-old Irvine-based company’s valuation to $700 million, according to news reports.
Masimo Grows Pediatric Blood-Monitor Offerings
Irvine-based Viseon Inc., a year-old maker of minimally invasive spine surgery technology, has received regulatory approval of its first product.
Irvine-based Mind Brain Parenting is leading the conversation on social-emotional learning.
HEALTHCARE: Seeks $15M Series D; hiring
If you get a headache reading this story online, don’t blame Neurolens.
HEALTHCARE: $130M+ IPO will fund hiring spree
Axonics Modulation Technologies’ Oct. 31 initial public offering came at the end of one of Wall Street’s worst months in stock performance in recent memory.
INNOVATION: Size ‘M’ for cloud-based Locate
Laguna Hills-based application service provider Locate Inventory is growing with new office space, a new chief operating officer, and plans to double sales next year while also raising $5 million.
FINANCE: HCP, others on growth path
Orange County’s four largest publicly traded healthcare-focused real estate investment trusts and service providers largely emerged unscathed from October’s Wall Street bloodbath.
NCCN, ASCO Approvals Coincide With New Funds
Agendia Inc. is making headway in oncology diagnostics.
INNOVATION: OCTANe hosts LaunchPad event
Eight healthcare-focused companies, including two based in Orange County, presented at OCTANe’s annual Medical Technology Innovation Forum last week at the Newport Beach Marriott Hotel & Spa.
Studies for Ovarian Cancer, Brain Tumors
Aivita Biomedical Inc.’s newest board additions bring star power to the privately held biotech company, which uses stem cells to develop “curative and regenerative” therapies for various ailments.
HEALTHCARE: Five times prior ER size
Irvine promotes itself as the safest city in the country crimewise.
HEALTHCARE: Taps techies for Irvine ops
The maker of Botox is injecting some big data into its Irvine operations.
Masimo Corp. (Nasdaq: MASI) reported third quarter revenue climbed 8.9% to $210.6 million. Product sales grew 12% to $202.1 million for the quarter while royalty and other revenue declined 38% to $8.5 million.
Indexes continued to rally higher following the rebound on Tuesday, following some heavy losses toward the end of October. The S&P 500 was up 0.6% to 2,729.65.
HEALTHCARE: 17% of sales on R&D spend
Edwards Lifesciences Corp., Orange County’s largest public company with a nearly $30 billion market value, is also one of its fastest-growing public companies, both in sales and stock growth.
$900M Hospira Buy Pumps Sales By 300%
A nearly $1 billion ICU Medical Inc. (Nasdaq: ICUI) acquisition last year is paying immediate dividends for the San Clemente-based maker of medical technologies used in vascular therapy.
INNOVATION: ‘Forward’ thinks, acts like a tech co.
Fashion Island already has an Apple store, but the glitzy mall in Newport Beach now has Forward, which has been described as the Apple Store of doctors’ offices.
Institute to Test Alternative To Typical Vein Grafts
Irvine-based medical device maker Hancock Jaffe Laboratories Inc. (Nasdaq: HJLI) entered a sponsored research agreement for the development of its CoreoGraft product with Houston-based Texas Heart Institute, one of the largest cardiovascular centers in the U.S.