Capricor Therapeutics Inc. of Beverly Hills earned $2.4 million last year while demonstrating promise for a cell-based therapy for Duchenne muscular dystrophy, according to a company report.
Radiology Partners Inc. of El Segundo has raised $234 million in an equity funding round to support accelerated growth.
Good Samaritan Hospital has received a $21 million gift from Berkshire Hathaway Vice Chairman Charles T. Munger to beef up its emergency department and make the 133-year-old hospital earthquake safe.
Burbank-based Walt Disney Co. announced March 7 that it would spend $100 million over the next five years outfitting children’s hospitals around the world with Disney characters and fulfilling sick children’s wishes as part of a new philanthropic initiative.
Science 37 Inc., a mobile tech and clinical trial firm based in Playa Vista, has struck a deal with Swiss pharma giant Novartis AG to conduct clinical trials with its iPhone app.
A Monterey Park woman was sentenced to two years in federal prison for injecting “lamb’s fat” into a woman to enhance her buttocks, causing major injury, which and required reconstructive surgery, the U.S. Attorney’s Office reported March 6.
Community Medical Center Long Beach will officially close on July 3 following the discovery of an active earthquake fault running directly beneath the 94-year-old hospital, officials announced.
A state agency that manages voter-approved stem cell research grants has awarded nearly $6 million to City of Hope for a clinical trial to treat severe sickle cell disease.
Puma Biotechnology Inc., which launched its signature breast cancer drug last summer in the U.S. before running into resistance in Europe, on March 1 reported a nearly $300 million loss for 2017.
Xencor Inc., a biotechnology company that produces monoclonal antibodies to combat cancer and other life-threatening diseases, reported a $12 million loss in the fourth quarter and an overall loss of $49 million last year.
Shares of Herbalife Ltd. ratcheted up nearly 3 percent on Feb. 23, a day after the Los Angeles-based global health nutrition company posted a fourth quarter loss of more than $63 million
Kite, a biotech firm based in Santa Monica, has paid $150 million to Richmond-based Sangamo Therapeutics Inc. to develop a gene-editing therapy to treat cancer, the companies announced Feb. 22. The deal could be worth up to $3 billion.
A Pico-Union woman has pleaded no contest to practicing dentistry without a license from her living room, which resulted in a serious injury from a botched root canal, the City Attorney announced Feb. 20.
The shuttered Pacific Alliance Medical Center in Chinatown could be replaced by a 24-hour urgent care center, according to a recent bid to buy the site.
A state report lists nearly 1,200 pending layoffs at Adventist Health hospitals across the state, including hundreds at Adventist Health Glendale and White Memorial Medical Center in Boyle Heights. Only none of the workers will actually lose their jobs, according to the Roseville-based health system.