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Dana Bartholomew

Stories by Dana

Verity Health Gets $610M Offer to Buy St. Vincent, St. Francis and two NorCal Hospitals

El Segundo-based Verity Health System of California Inc. has agreed to sell St. Vincent and St. Francis medical centers to Riverside-based KPC Group along with two Northern California hospitals for $610 million, unless there is a higher offer.

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Celgene is Investor Behind NantCell $30M

Biotech giant has history of investing in Soon-Shiong cancer treatment companies

Celegene revealed as NantCell’s $30M investor.

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Get Heal Taps Two for Board: Former Qualcomm Chairman Jacobs, Former Florida Gov. Bush

Get Heal Inc., a Century City-based company that makes physician house calls at the touch of a mobile app, has named one-time Qualcomm Chairman Paul Jacobs and former Florida Gov. Jeb Bush to its board.

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UCLA Scientists Develop Renewable Source of Immune Cells to Fight Cancer

UCLA researchers have developed the first technique for turning certain stem cells into mature T cells capable of fighting cancer.

Broad Foundation Gives $1 Million to Saint John’s Health Center for Robotics Center

The Eli and Edythe Broad Foundation awarded $1 million to Providence Saint John’s Health Center to set up a Center for Robotic Joint Replacement.

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UPDATE: Brentwood-Based Forcyte Biotechnologies Targets $2M Raise

Forcyte Biotechnologies Inc., a Brentwood-based biotechnology startup with roots at UCLA, has sold $160,000 in securities out of a $2 million securities offering.

Marina del Rey-Based C3J Therapeutics Agrees to Merge With AmpliPhi Biosciences

C3J Therapeutics Inc., a biotechnology company based in Marina del Rey, announced Jan. 4 it has agreed to merge with AmpliPhi Biosciences Corp. of San Diego.

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RISING TIDE

Catalina Sea Ranch looks to expand, spins off research arm

Catalina Sea Ranch turns to bioscience to mussel into seafood market.

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Bioscience LA Expects Early 2019 Launch

Nonprofit looking to fill chief executive role; aims to raise $9 million

New agency to nurture bioscience industry.

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UCLA Awarded $2 Million to Help Seniors

UCLA was awarded a $2 million grant to improve the lives of senior citizens.

Culver City-Based NantCell Raises $30 Million From Single Investor

NantCell Inc., a Culver City-based biotech firm founded by Los Angeles billionaire Patrick Soon-Shiong, has raised $30 million in investor funding, according to a Dec. 28 securities filing.

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MedMen Enterprises Strikes Deal to Acquire PharmaCann, Form New Firm

MedMen Enterprises Inc., a cannabis company based in Culver City, announced Dec. 24 it had agreed to acquire Chicago-based PharmaCann, doubling its reach to sell in a dozen states.

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Children’s Hospital Los Angeles Receives $1.2 Million to Study Drug Resistance in Leukemia

Children’s Hospital Los Angeles was awarded a $1.2 million federal grant to study drug resistance in leukemia.

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Pot Firm Finds Sweet Spot

BIOTECH: Pharma outfit probing cannabinoid uses

Vitality Biopharma Inc. once worked to improve the taste and global supply of stevia, a sugar substitute.

Spacelabs Gets $450M For Military Monitoring

Hawthorne-based OSI Systems Inc. has been awarded a federal contract worth up to $450 million to monitor health care patients for the U.S. military.

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Funguys Inc. Raises $5.4M to Market Mushroom Drinks

Santa Monica-based Funguys Inc., a food company that sells a Four Sigmatic brand of mushroom coffees and teas, has raised $5.4 million from investors.

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OSI Systems Wins Federal Contract of Up to $450 Million to Monitor Patients

OSI Systems Inc., an electronic security company based in Hawthorne, has been awarded a federal contract worth up to $450 million to monitor health care patients for the U.S. military.

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Biotech Sees VC Cash Flow

BIOTECH: $320M Westlake fund excites local firms

Los Angeles becoming destination for biotech venture capital investments.

New Leadership Team at Kaiser Medical School

Institutions adds 11 to bolster staff as it seeks to finalize accreditation

Leadership team announced for Kaiser Permanente School of Medicine.

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Next Round in Molina Feud

HEALTH CARE: Move could force closure of 16 clinics

Molina Healthcare Inc. will soon cut ties with 16 of its former medical clinics now owned by its ousted Chief Executive J. Mario Molina

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Cedars-Sinai Marina del Rey Hospital Names New VP of Operations

Cedars-Sinai Marina del Rey Hospital has named Joanne Laguna-Kennedy as its new vice president of operations.

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El Segundo-Based Jaanuu Raises $15 Million to Produce Fashion Scrubs

Jaanuu Inc., a medical apparel company based in El Segundo, announced Dec. 10 it raised $15 million from investors.

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Clearlake Acquires Health Tech Company Symplr

Private equity firm Clearlake Capital Group, based in Santa Monica, has completed its acquisition of Symplr, a health-tech company based in Houston, the company announced on Dec. 7.

Catasys Thrives on Data Dives

Health Care: Firm helps providers lower costs

AI on health

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Cedars Adds VR Surgery Course

Cedars-Sinai Medical Center has teamed up with digital health startup Pragma Inc. to launch what may be the first accredited continuing medical education course taught in virtual reality.

Kaiser Permanente Launches $6M in Grants for SoCal Mental Health Agencies

Kaiser Permanente Southern California on Dec. 3 announced a $6 million initiative to bolster mental and behavioral health services throughout the region.

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Cedars-Sinai Joins Koreatown-Based Pragma to Offer VR Course in GI Surgery

Cedars-Sinai Medical Center has teamed up with digital health startup Pragma Inc. to launch what may be the first accredited continuing medical education course taught in virtual reality.

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Capital Campaign Funds Clinic Makeover

Orthopaedic Institute for Children rachets up work on pediatric fracture clinic

Orthopaedic Institute begins work on medical pavilion.

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UCLA Develops Technique to ID ‘Small’ Molecules to Speed Drug Discovery and Production

UCLA has developed a new way to identify “small” molecules that could speed up drug discovery and manufacturing.

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USC Researchers Aim to Eradicate Polio With New Freeze-Dried Polio Vaccine

Scientists at USC have created a freeze-dried polio vaccine that needs no refrigeration, widening its reach across the globe, according to a USC study published on Nov. 27.

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UCLA/Berkeley Study: Change in ACA Could Increase Statewide Uninsured to 4.4M by 2023

More than 4 million Californians will lack health insurance by 2023 because of a pending change in the federal health insurance law that drops an individual mandate to get health coverage, according to a UCLA and Berkeley study released Nov. 27.

DxTerity Stays Nimble: Customized Blood Test-Maker Moves Into Autoimmune Arena

Innovation Special Report

DxTerity Diagnostics Inc. holds $150 million in contracts for blood tests for radiation, a gene-based test that can triage residents in the aftermath of a nuclear attack.

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Brain Gains: Neural Analytics Makes Waves With Portable Brain Scan Headset

Innovation Special Report

Medical-device company Neural Analytics Inc. has developed a portable headset that can assess several types of brain damage, from stroke symptoms to concussions and other disorders.

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Coordinated Care: 123 Home Care Alleviates Pressure on Patients, Medical Facilities

Innovation Special Report

123 Home Care has helped thousands of seniors and disabled residents with nonmedical assistance, housekeeping and trips about town.

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City of Hope Adding to Stem Cell Capabilities

Hospital partners for Arizona facility

City of Hope National Medical Center is planning an advanced biotech manufacturing plant in Arizona as demand for cell-based therapies to fight cancer is on the rise.

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Archytas Ventures’ Xtraction Services Raises $3M in Oversubscribed Round

Archytas Ventures, a Century City-based holding company that specializes in the cannabis industry, has led a $3 million oversubscribed round for one of its equipment companies.

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GoForward Opens New Concierge Medical Office at Americana at Brand

GoForward Inc. opened its second mall-based concierge medical service in Los Angeles County on Nov. 19 with a Forward Glendale office located at the Americana at Brand.

NantHealth Reports Nearly $100 Million Loss

NantHealth Inc. of Culver City, part of a health care conglomerate owned by Los Angeles billionaire Patrick Soon-Shiong, on Nov. 16 reported a third quarter loss of nearly $100 million, with flat year-over-year revenue.

MedMen Enterprises Names Interim CFO

MedMen Enterprises Inc., a cannabis company based in Culver City, announced Nov. 16 it had appointed Jim Miller as interim chief financial officer.

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Puma Faces $1.3B Lawsuit

BIOTECH: January trial date set for class action

A securities class action alleging wrongdoing by Puma Biotechnology Inc. is headed for trial early next year after a judge postponed proceedings, originally scheduled for Nov. 6.

EU Approval For $62B Shire Purchase

A Shire plasma plant in Atwater Village moved one step closer to being owned by Takeda Pharmaceutical Co. Ltd. with the European Union reportedly poised to approve a $62 billion Shire deal that could impact hundreds of Los Angeles jobs.

Bio Boom

Life sciences continues upward trend both locally and statewide

No life support needed for L.A.’s booming bio industry.

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Catasys Reports $4 Million Q3 Loss Despite Record Billings

Catasys Inc., a digital health analytics company based in Brentwood, reported a $4 million loss in the third quarter despite record billings and soaring enrollment.

CBRE Sells Courtyard Long Beach Airport Hotel

Downtown L.A. commercial real estate giant CBRE Group Inc. announced Nov. 12 it had sold a 159-room Courtyard by Marriott Long Beach Airport hotel for an undisclosed sum.

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LA Jobs on the Line With Takeda Poised for EU Approval for $62B Shire Buy

A Shire plasma plant in Atwater Village moved one step closer to being owned by Takeda Pharmaceutical Co. with the European Union reportedly poised to approve a $62-billion Shire deal that could impact hundreds of Los Angeles jobs.

Ritter Pharmaceuticals Raises $6 Million in Private Placement

Ritter Pharmaceuticals Inc., a Century City biotechnology company that develops therapies for gastrointestinal diseases, raised $6 million in a private placement from investors, according to a securities filing posted Nov. 9.

Wells Fargo Gives $1M to MLK Jr. Community Hospital to Recruit Doctors in South L.A.

Wells Fargo & Co. has donated $1 million to Martin Luther King Jr. Community Hospital to help alleviate a doctor shortage in South Los Angeles, the hospital announced Nov. 9.

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Healthy Growth: Nurse Shortage Boosts Medical Staffing Agencies

Fastest-Growing Private Companies 2018

Growth for L.A. medical staffers

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China-Backed Biotech Incubator Names CEO

CrossLinkBio adds Chen, gets $350k to help build trans-Pacific tech pipeline

CrossLinkBio names CEO.

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CBRE Group Sells Whittier Medical Building for $5.5 Million

Downtown L.A. commercial real estate giant CBRE Group Inc. announced Nov. 8 it sold a medical office building in Whittier for $5.5 million to an undisclosed private buyer.

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