Stories by Dana
USC is preparing to open a cancer research center in West Los Angeles next spring thanks to a $200 million gift from tech tycoon Larry Ellison, a founder of Oracle Corp.
Plan for 3-story, 48,000 SF building in Pico-Union advances
Second phase of newer downtown medical complex to break ground next summer.
Westwood-based investment firm Shamrock Capital Advisors has sold its majority stake in Giant Creative Strategy in a deal valued at up to $97 million.
The Keck School of Medicine of USC will lead a nearly $27 million study on why African-American men were more likely to die from prostate cancer.
Two more Los Angeles-area doctors were charged on suspicion of participating in a $40 million health care kickback scheme, the U.S. Attorney’s Office announced July 16.
Kaiser Permanente of Southern California is supporting free training for small businesses in economically underserved communities across the region.
Ronald Reagan Medical Center led the nation last year in the number of organ transplants, with 641 surgeries performed at its Westwood campus.
The UCLA Stein Eye Institute has received a $1 million gift from Joan and Jerome Snyder to set up an endowed faculty chair in its department of ophthalmology.
REAL ESTATE: $10B in local billings for 2017
The construction boom continues for L.A. County contractors.
HEALTH CARE: $1.4B market cap for biotech firm
Shares of Pasadena’s Arrowhead Pharmaceuticals Inc. take flight.
Advanced TeleSensors Inc., a digital health company based in Pasadena marketing a wireless monitor for babies, has raised nearly $2.8 million from investors, according to a securities filing.
The Weingart Center, a downtown-based social service agency for the homeless with plans to build largest supportive housing project in Los Angeles, has named Warren Loui as chairman of the board.
An anonymous philanthropist has donated $20 million to Children’s Hospital Los Angeles to expand and equip its overcrowded emergency room.
Cedars-Sinai Medical Center has ushered in nine digital health startups from across the globe into its business accelerator program.
Los Angeles Mayor Eric Garcetti launched a nearly $6 million youth employment program expected to match tens of thousands of young people with summer and year-round jobs.
Cedars-Sinai Medical Center has named Dr. Jeffrey A. Smith to serve as its chief operating officer following a nationwide search.
Looming retirements, physician fatigue could be contributing factors
New report predicts insufficient numbers of OB-GYN doctors in L.A. County.
Los Angeles County has appointed two executives to launch a new agency to promote an emerging bioscience industry, officials announced on July 5.
Los Angeles prosecutors announced on July 2 they had reached a $550,000 settlement with Silver Lake Medical Center in Westlake, the second health care agency in a week to reach a financial agreement after accusations of illegal patient dumping.
BionicLogic Inc., a Santa Monica-based tech company that develops software applications, has raised $1.5 million from investors, according to a July 2 securities filing.
European drug regulators have recommended the approval of two cancer treatments developed by two Los Angeles-area biotech companies – Puma Biotechnology Inc. of West L.A., and Kite, a Gilead Co., of Santa Monica.
Casetabs Inc., a digital health company based in Santa Monica, has raised $2.3 million during a fundraising round, according to a securities filing.
Downsizing part of efficiency push at biggest hospital in market
Cedars-Sinai trims workforce.
HEALTH CARE: Firms now turn toward commercialization
Federal contracts give biotech a boost.
Federal prosecutors in Los Angeles have charged nearly three dozen physicians, pharmacists and others alleged to have tried to bilk insurers out of $660 million in fraudulent health care bills.
The state stem cell agency awarded $3.7 million to City of Hope National Medical Center million to conduct stem cell research targeting glioblastoma, the hospital announced June 28.
The Los Angeles City Attorney’s Office has reached a $450,000 settlement with a South L.A. nursing home alleged to have illegally discharged homeless patients.
Molina Healthcare Inc. announced June 27 it would sell its Medicaid management information systems business for roughly $200 million.
Huntington Medical Research Institutes, an independent biomedical research center in Pasadena, announced June 27 it appointed Julia Bradsher as chief executive.
Staar Surgical Co., a Monrovia-based company that manufactures implantable lenses for the eye, announced an agreement to sell lenses to an eye clinic based in Japan.
Inter Valley Health Plan Inc., a Pomona-based health insurer for seniors with Medicare, has hired Virtual Frameworks Inc. to provide its software platform for patient management.
Two Los Angeles children’s hospitals scored among the highest in the nation, with Children’s Hospital Los Angeles named the No. 1 children’s hospital in the West, according to a U.S. News & World Report ranking.
Cedars-Sinai Medical Center has launched a health initiative to speed the development of new drugs, medical devices and treatments for patients with gastrointestinal diseases.
Royalties stream into area hospitals, universities
How health care systems turn R&D into royalties.
Unifies researchers across various disciplines under tech development group
UCLA stakes claim on innovation.
The National Institutes of Health has awarded nearly $700,000 to a researcher at LA BioMed to improve screening in newborn babies at risk of congenital heart disease.
Bruce Blomstrom, a co-founder and longtime president of the Pasadena Bioscience Collaborative Incubator, has died. He was 80.
The City of Long Beach will enter into negotiations for a new operator to run its Community Medical Center Long Beach, as closure looms after discovery of an active earthquake fault.
AcuraStem Inc., a biotech company based in Monrovia, has received a $3.7 million fast-track grant to develop a treatment for Lou Gehrig’s disease.
Children’s Hospital Los Angeles has joined a national consortium of pediatric hospitals that will employ its personalized cancer treatment for children.
BNY Mellon Wealth Management has named financial veteran Chuck Long to serve as regional president of its Century City office.
Three more doctors were charged in connection to an alleged $580 million kickback scheme linked to spinal surgeries at the defunct Pacific Hospital in Long Beach.
An award-winning German firm that employs professionals with autism across Europe is acquiring Santa Monica–based MindSpark Inc. to mark its entry into the U.S. market.
Biotech firm’s immunotherapy drug was developed at City of Hope
PeproMene Bio Inc., an Irvine-based biotechnology company with a blood cancer immunotherapy licensed from City of Hope, has received $40.2 million in investor funding.
Prohbtd Media Inc., a cannabis media company based in Culver City, has raised $8 million in a series A funding round.
Air Lease Corp., a global aircraft leasing company based in Century City, has announced the pricing of $500 million in unsecured senior notes.
UCLA Health led the nation last year in the number of kidney transplants, with a record 363 surgeries performed at its Westwood campus, the university announced.
Los Angeles philanthropist and businessman Meyer Luskin and his wife Renee have donated $1 million to the Orthopaedic Institute for Children in downtown, the hospital announced June 11.
Los Angeles billionaire Patrick Soon-Shiong may soon add another public company to his stable of biotechnology firms, a spokeswoman said on June 11.
A group of shareholders that includes the founding family of Takeda Pharmaceutical Co. Ltd. of Japan aims to scuttle a $62 billion acquisition of Shire Plc. The outcome could affect Shire jobs in Los Angeles.