Stories by Dana
A Northern California developer has purchased land in downtown Long Beach with plans to construct an $8.4 million dialysis clinic.
The founder of a San Francisco-based private equity firm has donated $2.5 million to the Prostate Cancer Foundation of Santa Monica to research prostate cancer in U.S. veterans and African-American men, officials announced on Jan. 15.
Where did $3 billion in voter-approved funding for stem cell research go?
Marlin Equity Partners of Hermosa Beach has purchased a majority stake in Talkwalker, a global software listening and analytics company, officials announced Jan. 11.
Marijuana growers can now choose to either pay a state tax on either dried or freshly harvested cannabis plants, the state Department of Tax and Fee Administration announced this week.
Neural Analytics Inc., a medical device company that uses ultrasound to measure brain health, has raised $15 million in series B financing, officials announced Monday.
County to devote resources to help industry growth, support entrepreneurs
L.A. County aspires to draw new biotech firms through an initiative to cluster bioscience facilities that focus on nurturing startups.
Norris Healthcare Center to serve 100,000 patients a year in Boyle Heights
The new $100 million outpatient Norris Healthcare Center at the USC Health Sciences Campus in Boyle Heights opens this week, designed with future medical technology in mind.
Verity Health System, a nonprofit agency that governs St. Vincent Medical Center in Los Angeles, has named Richard Adcock as its chief executive.
Radiology Partners Inc. of El Segundo has acquired Renaissance Imaging Medical Associates Inc. for an undisclosed sum, officials announced Thursday.
Arrowhead Pharmaceuticals Inc., which develops drugs to treat stubborn diseases by silencing the genes that cause them, reported it has filed for federal clearance to conduct to clinical studies of drugs aimed to treat liver disease and hepatitis B.
Doctor’s paychecks across Los Angeles County swelled on average 13 percent this year, more than twice the national average, according to a national research study released this week, while job growth lagged far behind major U.S. cities.
COPE Health Solutions, a national health care analytics company based in downtown Los Angeles, has expanded its student scholars program to include Hawaii, the company announced Tuesday.
Amblin Partners, a Universal City–based entertainment firm led by Steven Spielberg, announced Monday it has signed an exclusive music publishing deal with BMG.
MemorialCare Health Services and RadNet Inc. have founded a joint venture to operate what they say will be the largest outpatient medical imaging network in Los Angeles and Orange counties, the companies announced Monday.
More than eggs are growing at the Beverly Hills-based fertility clinic. Reproductive service centers grow business thanks to influx of Chinese clients.
Torrance biotech firm begins sales of first new sickle cell drug in decades.
Microsoft, Amazon.com among customers for various health apps, devices
Startups endure a 90-day business boot camp at Cedars-Sinai, Techstars accelerator.
To help save hundreds of millions during a large-scale company overhaul, Molina Healthcare has scrapped plans to move into a San Pedro office tower and is now vacating an office building in Long Beach.
Puma Biotechnology Inc., whose breast cancer drug drew millions in sales since it was released last summer, has been added to the Nasdaq Biotechnology Index.
Insurance giant Cigna Corp. has acquired Brighter Inc., a digital health technology company based in Santa Monica, for an undisclosed sum.
Curisium, a Manhattan Beach–based start-up company that allows health care systems and biotech firms to contract through blockchain technology, has raised $3.5 million from investors, officials announced Thursday.
Kaiser Permanente is donating $600,000 to support recovery efforts for some of the worst wildfires to rage through Southern California.
Arrowhead Pharmaceuticals Inc., which develops drugs to treat stubborn diseases by silencing the genes that cause them, reported a fiscal 2017 year-end loss of $34 million, down 58 percent from a year ago.
Providence St. Joseph Health, which runs 14 hospitals in Southern California, is in talks to merge with Ascension Health to create the nation’s largest hospital chain, according to the Wall Street Journal.
The largest health insurer in the U.S. will buy DaVita Medical Group of El Segundo, one of the nation’s largest physician groups, for $4.9 billion.
Biotech giant Gilead Sciences Inc. and its Kite Pharma Inc. subsidiary in Santa Monica are buying Cell Design Labs Inc. for up to $567 million as the battle to develop cancer-targeting cell therapies heats up.
Businesses across Southern California, from insurance companies to animal hospitals, are lending support to those affected by wildfires raging across Ventura and Los Angeles counties.
Los Angeles County has taken steps to seize a blighted lot in South Los Angeles for development against the objection of a property owner planning to build an entertainment village.
California is poised for an economic growth spurt next year that will likely peter out as a federal tax bill slows housing construction and rising housing costs make it harder for employers to recruit qualified workers, according to a UCLA economic forecast released Wednesday.
NantHealth Inc. will support University of California San Francisco breast cancer research, the company announced Monday.
City of Hope National Medical Center appointed this week cancer researcher Dr. Michael A. Caligiuri as president and head physician.
MemorialCare Health System planned to spend $16 million for seismic retrofitting on top of the undisclosed price it paid for the bunch of century-old buildings at a hospital campus in Long Beach six years ago. Those plans crumbled when an active fault was found running beneath the 18-building, 158-bed Community Medical Center Long Beach.
Biotech outfit partners with Singaporean firm for cancer drug campaign
Puma Biotechnology Inc. of West Los Angeles has made its first foray into Asia.
SpaceX, the Hawthorne-based rocket company founded by billionaire Elon Musk, added $100 million in new funding to its recent haul, bringing the total raised since late July to $450 million, according to a Monday filing with the Securities and Exchange Commission.
Two former employees of a Los Angeles-area ambulance company and a dialysis treatment center pleaded guilty on Monday to a Medicare fraud scheme that ran up nearly $7 million in fraudulent claims, the U.S. Attorney’s office announced Monday.
A Chinese firm that manufactures fertilizers made from seaweed has set up shop in the City of Industry. The Qingdao Seawin Biotech Group Co. Ltd., based in Shandong, China, launched a U.S. division to expand seaweed fertilizer sales across North America, company officials announced Wednesday.
MNX Global Logistics, a Long Beach-based global provider of specialized transportation and logistics services, acquired Melbourne, Australia-based Logical Freight Solutions, company officials announced Wednesday. Terms of the deal were not disclosed.
Sedgewick LLP, an 84-year-old global law firm based in San Francisco, will close its doors by the end of the year, laying off nearly 50 attorneys and staff in Los Angeles, a company official said.
Doctors at Kaiser Permanente Southern California cut the odds of prescribing antibiotics for sinus infections by using digital health alerts to advise other physicians about their correct use, according to a study published Tuesday.
Children’s Hospital Los Angeles has been awarded a $1.5 million federal research grant to study what triggers inflammatory bowel disease in more than 1.5 million adults and children, officials said Monday.
Three Los Angeles business schools rated among the nation’s best graduate MBA programs, with each moving up in rank this year, according to Bloomberg Businessweek’s 2017 list of Best Business Schools.
HEALTH CARE: Trim of 200 jobs, prime lab available
Biotech pioneer to shut Santa Monica lab.
GoForward brings tech-heavy service plan backed by $100 million in VC money
It’s billed as “Apple store meets doctor’s office,” its chief executive hails from Google and its newest office opened last week in Westfield’s Century City mall instead of a medical building.
HEALTH CARE: 58,000 jobs here; Bay Area still top market in state
Report moves L.A. up on rankings of life sciences employment hubs.
Employment in the Los Angeles life sciences sector has surpassed that of San Diego, vaulting the region to No. 2 in the Golden State, according to an industry report.