Recent and archived news stories on: biotechnology, pharmaceutical companies, health insurance companies, hospitals, medical devices, medical groups

Cedars-Sinai Ranks No. 1 in Adult Heart Transplants

The Smidt Heart Institute at Cedars-Sinai Medical Center led the nation in the number of adult heart transplants last year, which marked an eight-year winning streak at No. 1.

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Long Beach-Based Molina Healthcare to Lay Off Nearly 170 Workers

Molina Healthcare Inc., a Long Beach-based managed-care services provider, will lay off nearly 170 workers this spring following a year-long financial turnaround, according to a state employment report released this week.

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Casetabs Inc. Raises $2.5 Million From Investors

Casetabs Inc., a digital health company based in West Los Angeles, has raised $2.5 million during a fundraising round, according to a securities filing.

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TigerConnect Links With OpenTempo

TigerConnect Inc., a healthcare communications software developer operating in Santa Monica, announced Feb. 13 it will partner with OpenTempo Inc., developers of a medical staff scheduling software based in Williston, Vt.

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USC Names Caryn Lerman to Direct its Norris Comprehensive Cancer Center

The USC Norris Comprehensive Cancer Center has named Caryn Lerman, a nationally renowned cancer prevention researcher, as its new director.

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Keck Medicine of USC to Acquire Los Angeles Cardiology Associates

Keck Medicine of USC announced Feb. 12 it will acquire Los Angeles Cardiology Associates, a cardiovascular care group with eight locations across Greater Los Angeles, for an undisclosed sum.

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Didi Hirsch Mental Health Opens $19M Suicide Prevention Center in Century City

Didi Hirsch Mental Health Services, a social service agency based in Culver City, on Feb. 8 unveiled a $19 million Suicide Prevention Center.

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LA BioMed Taps BioLabs

HEALTH CARE: Firm will run Torrance incubator space

LA BioMed looks to hatch new talent with shared lab space.

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Federal Jury Awards Puma Biotechnology Investors Damages in Securities Class-Action Verdict

A securities class-action filed against Puma Biotechnology Inc. resulted in a split verdict by a federal jury announced this week that allowed investors to recover $4.50 per share in damages.

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UCLA Researcher Dennis Slamon to Share in $1M Prize for Cancer Research

Dennis Slamon, a UCLA scientist whose research led to the development of the blockbuster breast cancer drug Herceptin, will share in a $1 million prize from Sweden for outstanding cancer research, the university announced Feb. 5.

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City of Hope to Open First Cancer Center in OC for $14M

City of Hope National Medical Center will plant a flag in Orange County with a $14 million cancer clinic to open later this year in Newport Beach.

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Xencor Cuts $280M Development Deal With Genentech

Xencor Inc., a biotechnology company based in Monrovia, has signed an agreement with Genentech Inc. valued at up to $280 million to develop a drug to battle cancer and other diseases.

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UCLA Receives $15.2M From Late Producer Garry Shandling for Medical Research

The UCLA David Geffen School of Medicine has received a $15.2 million bequest from the estate of entertainer Garry Shandling.

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John Wayne Cancer Institute Taps Physician Researcher as Top Executive

Dr. Steven O’Day, a renowned researcher in immune-oncology, has been named executive director of the John Wayne Cancer Institute at Providence Saint John’s Health Center in Santa Monica, the hospital announced Feb. 1.

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$84M for Silver Lake Medical

HEALTH CARE: Troubled hospital part of BK divestment

Silver Lake Medical Center to be sold for $84 million.

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