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Dana Bartholomew

Stories by Dana

Transplant Nonprofit OneLegacy Sees Growth

HEALTH CARE: Firm’s organ donations, revenue set record

Organ donation facilitator OneLegacy has record 2018.

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KECK ACQUIRES CARDIOLOGY GROUP

Keck School of Medicine of USC announced Feb. 12 it will acquire Los Angeles Cardiology Associates

Long Beach-Based Molina Healthcare to Lay Off Nearly 170 Workers

Molina Healthcare Inc., a Long Beach-based managed-care services provider, will lay off nearly 170 workers this spring following a year-long financial turnaround, according to a state employment report released this week.

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UCLA Sells Epigenetics Tech to Boost Crops for Farmers

UCLA has licensed epigenetics technology to a Massachusetts-based plant breeding firm to improve the performance of commercial crops.

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USC Names Caryn Lerman to Direct its Norris Comprehensive Cancer Center

The USC Norris Comprehensive Cancer Center has named Caryn Lerman, a nationally renowned cancer prevention researcher, as its new director.

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Keck Medicine of USC to Acquire Los Angeles Cardiology Associates

Keck Medicine of USC announced Feb. 12 it will acquire Los Angeles Cardiology Associates, a cardiovascular care group with eight locations across Greater Los Angeles, for an undisclosed sum.

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Didi Hirsch Mental Health Opens $19M Suicide Prevention Center in Century City

Didi Hirsch Mental Health Services, a social service agency based in Culver City, on Feb. 8 unveiled a $19 million Suicide Prevention Center.

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Gardena-Based 3DEO Raises $14M to Advance Metal 3D Printing

3DEO Inc., a metal 3D printing company based in Gardena that manufactures parts for medical and other industries, raised $14 million in funding from investors, according to a Feb. 8 securities filing.

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Split Verdict in Puma Biotech Case

HEALTH CARE: Federal jury awards investors damages in rare securities class-action trial

Both sides claim victory in lawsuit against Puma Biotechnology.

Xencor Cuts $280M Deal with Genentech

Xencor Inc. signed a research and licensing agreement with Genentech Inc. valued at up to $280 million

Federal Jury Awards Puma Biotechnology Investors Damages in Securities Class-Action Verdict

A securities class-action filed against Puma Biotechnology Inc. resulted in a split verdict by a federal jury announced this week that allowed investors to recover $4.50 per share in damages.

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UCLA Researcher Dennis Slamon to Share in $1M Prize for Cancer Research

Dennis Slamon, a UCLA scientist whose research led to the development of the blockbuster breast cancer drug Herceptin, will share in a $1 million prize from Sweden for outstanding cancer research, the university announced Feb. 5.

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City of Hope to Open First Cancer Center in OC for $14M

City of Hope National Medical Center will plant a flag in Orange County with a $14 million cancer clinic to open later this year in Newport Beach.

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Xencor Cuts $280M Development Deal With Genentech

Xencor Inc., a biotechnology company based in Monrovia, has signed an agreement with Genentech Inc. valued at up to $280 million to develop a drug to battle cancer and other diseases.

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UCLA Receives $15.2M From Late Producer Garry Shandling for Medical Research

The UCLA David Geffen School of Medicine has received a $15.2 million bequest from the estate of entertainer Garry Shandling.

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John Wayne Cancer Institute Taps Physician Researcher as Top Executive

Dr. Steven O’Day, a renowned researcher in immune-oncology, has been named executive director of the John Wayne Cancer Institute at Providence Saint John’s Health Center in Santa Monica, the hospital announced Feb. 1.

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$84M for Silver Lake Medical

HEALTH CARE: Troubled hospital part of BK divestment

Silver Lake Medical Center to be sold for $84 million.

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Sawtelle-Based Vance Street Capital Scoops Up Applied Plastics

Vance Street Capital, a Sawtelle-based private equity firm, announced Jan. 31 it acquired Applied Plastics for undisclosed terms.

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Cedars-Sinai to Deliver Primary Care Services to Santa Monica

Cedars-Sinai Medical Center has opened its first primary health care clinic in Santa Monica in an expanded medical practice that will include cancer and other specialties.

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Verity Health Gets $610 Million Offer

Bid includes St. Vincent, St. Francis hospitals

Verity to sell St. Vincent, St. Francis hospitals.

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Molina Spinoffs Part of 2018 Restructuring

Long Beach health care firm’s revamp included $231M sale of IT unit

Molina Healthcare sold off IT unit for $231 million.

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Bush, Jacobs Join Heal Board

Get Heal Inc., a Century City-based company that makes physician house calls at the touch of a mobile app

Helping Hand

Federal grants to small SoCal biotech businesses rise in 2018

SoCal bioscience cos. see boost in federal funds.

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USC Medical School Launches Office of Social Justice to Promote Fair Health Care

Keck School of Medicine of USC has appointed an associate dean to run a new Office for Social Justice to advocate for better health care in underserved communities.

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Pasadena-Based Huntington Hospital Appoints Steven Mohr as CFO

Huntington Hospital has named Steven L. Mohr as its new senior vice president, chief financial officer, starting Feb. 11.

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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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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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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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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.

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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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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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.