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

LA Jobs on the Line With Takeda Poised for EU Approval for $62B Shire Buy

A Shire plasma plant in Atwater Village moved one step closer to being owned by Takeda Pharmaceutical Co. with the European Union reportedly poised to approve a $62-billion Shire deal that could impact hundreds of Los Angeles jobs.

Ritter Pharmaceuticals Raises $6 Million in Private Placement

Ritter Pharmaceuticals Inc., a Century City biotechnology company that develops therapies for gastrointestinal diseases, raised $6 million in a private placement from investors, according to a securities filing posted Nov. 9.

Wells Fargo Gives $1M to MLK Jr. Community Hospital to Recruit Doctors in South L.A.

Wells Fargo & Co. has donated $1 million to Martin Luther King Jr. Community Hospital to help alleviate a doctor shortage in South Los Angeles, the hospital announced Nov. 9.

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UCLA Awarded $3.5 Million to Develop Blood Test for Liver Cancer

UCLA scientists were awarded a $3.5 million federal grant to develop a blood test to detect early liver cancer, the university announced Nov. 7.

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Emmaus Life Sciences Raises $12 Million in Debt Securities

Emmaus Life Sciences Inc., a biotechnology company based in Torrance, has raised $12 million in debt securities, according to securities filing.

Hypothermia Devices Raises $11M in Funding

Hypothermia Devices Inc., a Brentwood-based medical device company that develops patient cooling-and-heating machines for emergency vehicles and hospitals, has raised nearly $11 million in investor funding, according to a Nov. 6 securities filing.

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American Healthcare Capital Advises on Personal Care Merger

American Healthcare Capital, an M&A advisory firm based in Marina del Rey, has facilitated the sale of Bring Care Home to Amedisys Inc. for unknown terms.

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L.A. a leader in digital health funding as region gains foothold

The greater Los Angeles area now ranks among the top five digital health markets in the nation based on investor funding over the past few years

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UCLA Awarded $3.7 Million Federal Grant for Brain Research

Three UCLA neuroscientists were awarded a nearly $3.7 million grant from the National Institutes of Health to develop imaging technology to study how the brain functions in disease and in health.

PatientPop Scores $25 Million in Investor Funding

PatientPop Inc., a physician marketing platform based in Santa Monica, has raised $25 million during a Series B funding round, the company announced Oct. 31.

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Eleven Los Angeles Nursing Homes Rated ‘Best’ by U.S. News

U.S. News & World Report named 11 nursing homes in Los Angeles County among its list of best nursing homes for 2018-19.

UCLA Receives $25 Million Gift for Parkinson’s Research

UCLA has received a $25 million gift from a Beverly Hills-based foundation to launch an initiative to research treatments and care for Parkinson’s disease, the university announced Oct. 30.

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L.A. Care Health Plan Links Up With UCLA Health to Care for Medi-Cal Enrollees

L.A. Care Health Plan, the largest publicly operated health plan in the nation, has signed an agreement with UCLA Health to allow its 2.2 million members to received advanced and specialized care.

CHA Hollywood Presbyterian Medical Center Launches New Eye Care and Research Institute

CHA Hollywood Presbyterian Medical Center has joined forces with former USC medical school dean Rohit Varma to found a comprehensive eye care research institute, the hospital announced Oct. 26.

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Hollywood Behind Projected Nurse Shortage?

UCLA prof thinks media representation contributing to global stigmas

UCLA professor suspects Hollywood impact on projected nurse shortages.

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