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

UCLA to Lead $3.7M Study on Patient-Centered Research in L.A.

UCLA will lead a study conducted by four Los Angeles health care systems on how to improve patient-centered care thanks to a $3.7 million federal grant.

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National Academy of Medicine Taps UCLA Neurosurgeon

Dr. Linda Liau, an internationally renowned neurosurgeon-scientist at UCLA, has been elected to the National Academy of Medicine.

Women’s Health Medical Device Maker Flex Co. Acquires Keela, Raises $3.6M

The Flex Co., a Venice-based medical device firm specializing in women’s health, announced Oct. 16 it had raised $3.6 million from investors while acquiring Keela, the designer of a menstrual cup.

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City of Hope President Elected to National Academy of Medicine

Dr. Michael A. Caligiuri, president of City of Hope National Medical Center, has been elected to the National Academy of Medicine.

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Homeless Recuperative-Care Facility Opens in Pico-Union Following $1M Renovation

The Los Angeles-based National Health Foundation on Oct. 12 opened a 62-bed recuperative-care facility in Pico-Union for homeless residents discharged from nearby hospitals.

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Ellison Institute Taps Crew for Collaboration

Diverse specialties work together in molecular-driven medicine

USC’s Ellison Institute staffs up.

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Allogene Therapeutics Raises $324 Million in IPO as Shares Soar

Shares in South San Francisco-based Allogene Therapeutics Inc. rose nearly 40 percent to $25 at the close of its first day of trading on Oct. 11 after a $324 million initial public offering.

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Cedars-Sinai Accelerator Graduates Companies with Innovative Health Care Products

Cedars-Sinai Medical Center has graduated eight digital health startups from its business accelerator program with products designed to improve health care.

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UCLA Receives $5M Federal Grant to Study Early Lung Cancer Detection

UCLA has been awarded a $5 million federal grant to develop tools to improve early detection of lung cancer.

Bain Capital Picks Up L.A.-Based Senior Care Company LivHome

An investment fund run by Boston-based Bain Capital has acquired LivHome Inc., a Miracle Mile–based in-home care company for seniors, and will combine the company with another newly acquired in-home services firm based in North Carolina.

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Kite Wins Approval to Sell Blood Cancer Treatment in the U.K.

Santa Monica-based Kite, a Gilead Co., was given a go-ahead by the United Kingdom to treat some adults with lymphoma with its cell-based cancer therapy that was initially rejected as too costly.

Biotech Band Back Together

HEALTH CARE: Belldegrun outfit gets $420M, plans IPO

Cadre of L.A. scientists behind Kite Pharma head north with new project.

Arrowhead Pharmaceuticals Cuts Deal With J&J Valued at Up to $3.7B

Pasadena-based Arrowhead Pharmaceuticals Inc. has entered a licensing agreement with Johnson & Johnson to develop a drug to treat the hepatitis B virus in a deal that could be worth up to $3.7 billion, the company announced Oct. 4.

Kaiser Permanente Cuts Tentative Labor Agreement With U.S. Health Care Workers

Kaiser Permanente has reached a tentative labor agreement with an alliance of union health care workers in eight states and Washington D.C. that includes more than 30,000 workers in Southern California.

L.A. County to Notify Doctors of Patient Opioid Deaths

Physicians across Los Angeles County will soon be notified by the Medical Examiner-Coroner if a patient has died of an opioid overdose.