Stories by Dana
Special Report: HEALTH CARE
GoodRx’s business blossoms as consumers look for cheaper access to prescription drugs
Special Report: HEALTH CARE
Elaine Batchlor Martin Luther King Jr. Community Hospital
BIOTECH: UCLA spinoff developing cancer treatment
Nammi looks to change cancer treatments.
NeuroSigma Inc., a bioelectronics company based in Westwood, received federal clearance to market the first medical device to treat childhood ADHD, or attention deficit hyperactivity disorder.
HEALTH CARE: KPC gets St. Vincent, St. Francis hospitals
Bankruptcy judge approves sale of Verity Health hospitals.
A record 123 businesses across Southern California raised nearly $2 million during a spring fundraiser for Children’s Hospital Los Angeles, the hospital announced April 17.
Capital commitments transform campus with more development slated
Keck Medicine investment shows results.
Molina Healthcare Inc., a Long Beach-based managed-care services provider, will lay off 75 more workers during a wave of reductions that appears related to the offshore outsourcing of its IT services.
Staar Surgical Co., a publicly traded pioneer of implantable contact lenses, has moved from its long-time headquarters in Monrovia to Orange County.
HEALTH CARE: Tarzana deal part of growth goals
Cedars-Sinai expands into Valley.
In L.A. County, 156 hospital buildings need retrofit to meet state law’s requirements
Costs of seismic retrofits could put some hospitals on shaky financial ground.
A San Diego biotech firm alleged Patrick Soon-Shiong and his NantCell Inc. company implemented a “catch and kill” scheme to stymie a new cancer drug that could hurt sales of a rival blockbuster drug invented by the Los Angeles billionaire, according to a lawsuit filed April 3.
Pragma Inc., a health tech company based in Koreatown that streams on-demand medical lectures and surgery videos, on April 3 announced a seed round of $2.5 million.
The Los Angeles-based W.M. Keck Foundation gave $20 million to UCLA to fund biomedical research grants and support a renovation of the UCLA Medical Plaza, the university announced April 2.
BioSig Technologies Inc., a medical device company based in West Los Angeles, has raised $8.6 million in a private placement, according to a securities filing.
Emmaus Life Sciences Inc., a biotechnology company based in Torrance, raised $2.6 million in securities, according to an April 1 filing.
L.A. Care Health Plan, a publicly operated insurance agency based in Westlake, announced March 29 it awarded $2.2 million in grants to local health care clinics to recruit needed primary care physicians.
Firms reach mutual referral agreement, will expand Healthvana’s user base
Healthvana teams up with UrSure on HIV drug.
Health Care: Ambulance service will close this month amid economic change
Schaefer Ambulance closing after 87 years.
NantHealth Inc., a biomedical diagnostic company based in Culver City, on March 28 announced a fourth quarter loss of $49 million, while year-over-year revenue rose 3 percent.
NantKwest Inc., a biotechnology company launched by Los Angeles businessman Patrick Soon-Shiong, raised $39 million in a private placement by its chairman and chief executive to advance a natural killer cell treatment for cancer.
Culver City-based MedMen Enterprises Inc. announced March 22 a $250 million investment from marijuana industry investor Gotham Green Partners.
Health Worker Shortage Crimps LA Providers
L.A.’s health care worker shortage puts squeeze on treatment centers.
Flexogenix Group Inc., a Los Angeles-based company that operates joint care clinics in a half dozen U.S. cities, has filed for Chapter 11 bankruptcy.
City of Hope National Medical Center received $7.5 million in federal and private grants to study a rare blood cancer that affects the skin.
Democratic presidential candidate Bernie Sanders was expected to appear at UCLA on Thursday in sympathy for a statewide strike by thousands of research, technical and health care workers.
Pragma Inc., a health tech company based in Koreatown that offers a library of on-demand medical lectures and surgical videos, on March 18 announced a partnership with the Mayo Clinic of Minnesota.
15,000-square-foot location offers no labs or equipment; 30 firms signed up so far
A new work space operated by ScaleLA Inc. — known as the 10th Floor — opened earlier this year as a 15,000-square-foot incubator for digital health and medical device startups.
Catasys Inc., a Brentwood-based health tech company, reported March 14 it more than doubled its earnings last year to a record $15 million, with earnings expected to double again this year.
NantCell Inc., a Culver City-based biotech firm founded by Los Angeles billionaire Patrick Soon-Shiong, has raised $30 million in investor funding after a similar injection late last year, according to a March 14 securities filing.
A scientist at Children’s Hospital Los Angeles has received a $1.6 million federal grant to study the cause of a rare eye cancer known as retinoblastoma, the hospital announced March 14.
The City of Long Beach has agreed to a deal for at least $90 million to reopen Community Hospital Long Beach after its former operator pulled out because of the cost of pending seismic safety repairs.
Roy Doumani, a keen Los Angeles businessman, philanthropist and driving force behind bioscience innovation whose education nurtured a generation of entrepreneurs at UCLA, has died. He was 83.
Molina Healthcare Inc., a Long Beach-based managed-care services provider, will lay off nearly 90 more workers during a wave of layoffs that dovetails with the offshore outsourcing of its IT services, according to a state employment report.
Trethera Corp., a biotechnology firm based in Brentwood, raised up to $8 million from investors, according to a securities filing posted March 11.
BUSINESS LEADERS OF THE YEAR
City of Hope Chief Executive Robert Stone’s patient-first mindset leads to growth
HEALTH CARE: SaMo firm fighting opioid epidemic
Roger Crystal saw a lot of emergency room patients die from heroin overdoses during his time working in a London hospital earlier in his career.
A Los Angeles couple who have been major supporters of Providence Saint John’s Health Center gave $5 million to its foundation to support health care and research.
Puma Biotechnology Inc., a biotech company based in West Los Angeles, announced March 1 it had tripled its year-over-year fourth quarter earnings to $61 million on sales of its signature breast cancer drug.
New med school to cover program costs for first five classes
Kaiser to offer first students free tuition at its medical school.
UCLA Health System opened a new cardiovascular practice downtown
Axial Biotherapeutics Inc., a biotechnology company with roots at the California Institute of Technology in Pasadena, has raised $25 million in a Series B round.
Aiva Inc., a digital health startup based in West Hollywood, struck a deal with Cedars-Sinai Medical Center to employ Aiva’s bedside voice assistant to allow patients to speak to Amazon’s Alexa to summon a nurse or change the TV channel.
UCLA Health opened a new cardiovascular practice downtown on Feb. 25 to offer a full range of heart-health services within the city center.
City of Hope National Medical Center was awarded a $12.5 million federal research grant to develop innovative ways to prevent and treat lymphoma, the hospital announced Feb. 21.
MassRoots Inc., a cannabis technology company based in Hollywood, has entered into an agreement to acquire COWA Science Corp. in a deal worth up to $6 million.
A unit of Crescent Capital Group, an alternative credit investment company based in West Los Angeles, has provided financing for the purchase of a European pharmacy chain purchased by Bencis Capital Partners.
Symplr, a health-tech company owned by Santa Monica-based Clearlake Capital Group, announced Feb. 20 it acquired API Healthcare for undisclosed terms.
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.
Keck School of Medicine of USC announced Feb. 12 it will acquire Los Angeles Cardiology Associates