Los Angeles Business Journal

LA HEALTHCARE

Recent and archived news stories on: Biotechnology, Doctors, Drugs, Health Insurance, HMO's/PPO's, Hospitals, Medical Devices, Nursing...

Death of Founder Forces Swift Shift

HEALTH CARE: Sister of CEO to take helm at prosthetic maker.Sister takes reins at prosthetics maker Swiss Balance after sudden death of founder.

By Justin Yang June 10, 2013 midnight   $$ Share

MannKind Completes Final Inhaler Study

MannKind Corp. said it has completed the second of two additional trials requested by the Food and Drug Administration for its inhaled insulin pipeline product.

Tease photo

Small Cap, Big Pay

Special Report: Executive Compensation

Chief executives at small-cap companies stocked up on fatter paychecks as the markets’ recovery broadened.

Amgen Expands Licensing Deal

Amgen Inc. said that it will spend $25 million to expand its licensing agreement with Cytokinetics Inc. to cover the Japanese market.

Tease photo

Razor Vendor Takes Swipe at Wipes

INTERNET: Dollar Shave Club seeks to mirror bathroom success.

Dollar Shave Club looks to clean up in online sales with its new wipes for men.

Meridian Sports Clubs Exits Chapter 11 With New Owners

Meridian Sports Clubs California LLC, which operates fitness clubs in three states, has exited Chapter 11 reorganization. An affiliate of Praesidian Capital in New York is the new owner.

Mannkind Completes Key Afrezza Study

Shares of Mannkind Corp. rose sharply Monday after the Valencia biotech said that it had completed one of two required trials of its experimental inhaled insulin drug Afrezza.

Tease photo

Investors Get Early Jump on Cancer Treatment

HEALTHCARE: Kite raises $20 million in private placement of shares.

A Westwood company has made significant progress on a treatment designed to restore the body’s immune system to fight off cancer.

Attorney, Heal Thyself

COMMENT

Don’t kill the state law called Micra: It has been a life saver for California’s medical industry, Charles Crumpley writes.

Amgen Creates Japanese Joint Venture

Amgen Inc. on Wednesday said that it plans to expand its presence in the Japanese market through a joint venture with Tokyo's Astellas Pharma Inc., which itself has a strong presence in the Los Angeles area.

Bill to Expand Condom Use in Adult Movies Hits Roadblock

A bill mandating the use of condoms in adult movies filmed anywhere in the state has been shelved by an Assembly committee, likely preventing its consideration until next year.

Swiss Balance Founder Stefan Moser Dies

Stefan Moser, founder of Santa Monica prosthetic company Swiss Balance Inc., died after succumbing to heat during an off-road adventure trip in the Mojave Desert last month. He was 54.

Bill Curbing Prop. 65 Lawsuit Threats Clears Assembly

The Assembly on Friday passed a bill aimed at blocking shakedown letters to businesses alleging violations of the state’s toxic chemical notification law.

Herbalife Hires New Auditor

Herbalife Ltd. on Tuesday said it hired PricewaterhouseCoopers LP as its new auditor, more than a month after KPMG LLP resigned when an L.A. partner was charged with insider trading.

Tease photo

Inhalable Insulin Has Investors Breathing Heavy

HEALTH CARE: Expected FDA approval pumps up shares of MannKind.

Investors breathless over outlook for approval of MannKind’s inhalable insulin. 5