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Dana Bartholomew

Stories by Dana

Biotech Sees VC Cash Flow

BIOTECH: $320M Westlake fund excites local firms

Los Angeles becoming destination for biotech venture capital investments.

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.

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.

Catasys Thrives on Data Dives

Health Care: Firm helps providers lower costs

AI on health

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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.

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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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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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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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.

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.

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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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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Healthy Growth: Nurse Shortage Boosts Medical Staffing Agencies

Fastest-Growing Private Companies 2018

Growth for L.A. medical staffers

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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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Soon-Shiong’s NantEnergy Acquires Sharp’s Energy Systems and Storage Business

A battery company owned by Los Angeles billionaire Patrick Soon-Shiong has acquired an energy systems and service business owned by Sharp Electronics Corp.

UCLA Awarded $3.5 Million to Develop Blood Test for Liver Cancer

UCLA scientists were awarded a $3.5 million federal grant to develop a blood test to detect early liver cancer, the university announced Nov. 7.

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Emmaus Life Sciences Raises $12 Million in Debt Securities

Emmaus Life Sciences Inc., a biotechnology company based in Torrance, has raised $12 million in debt securities, according to securities filing.

Hypothermia Devices Raises $11M in Funding

Hypothermia Devices Inc., a Brentwood-based medical device company that develops patient cooling-and-heating machines for emergency vehicles and hospitals, has raised nearly $11 million in investor funding, according to a Nov. 6 securities filing.

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American Healthcare Capital Advises on Personal Care Merger

American Healthcare Capital, an M&A advisory firm based in Marina del Rey, has facilitated the sale of Bring Care Home to Amedisys Inc. for unknown terms.

Digital Dollars

L.A. a leader in digital health funding as region gains foothold

The greater Los Angeles area now ranks among the top five digital health markets in the nation based on investor funding over the past few years

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UCLA Awarded $3.7 Million Federal Grant for Brain Research

Three UCLA neuroscientists were awarded a nearly $3.7 million grant from the National Institutes of Health to develop imaging technology to study how the brain functions in disease and in health.

PatientPop Scores $25 Million in Investor Funding

PatientPop Inc., a physician marketing platform based in Santa Monica, has raised $25 million during a Series B funding round, the company announced Oct. 31.

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Eleven Los Angeles Nursing Homes Rated ‘Best’ by U.S. News

U.S. News & World Report named 11 nursing homes in Los Angeles County among its list of best nursing homes for 2018-19.

UCLA Receives $25 Million Gift for Parkinson’s Research

UCLA has received a $25 million gift from a Beverly Hills-based foundation to launch an initiative to research treatments and care for Parkinson’s disease, the university announced Oct. 30.

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L.A. Care Health Plan Links Up With UCLA Health to Care for Medi-Cal Enrollees

L.A. Care Health Plan, the largest publicly operated health plan in the nation, has signed an agreement with UCLA Health to allow its 2.2 million members to received advanced and specialized care.

CHA Hollywood Presbyterian Medical Center Launches New Eye Care and Research Institute

CHA Hollywood Presbyterian Medical Center has joined forces with former USC medical school dean Rohit Varma to found a comprehensive eye care research institute, the hospital announced Oct. 26.

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Westwood Biomed Pulls in $41M

HEALTH CARE: Round for developer of radioisotopes includes 11 investors

Alpha Source gets $41 million in seed money to develop radioisotope tech.

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Hollywood Behind Projected Nurse Shortage?

UCLA prof thinks media representation contributing to global stigmas

UCLA professor suspects Hollywood impact on projected nurse shortages.

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Union Study: University of California Favors White Workers Over Minorities

Black and Latino workers at UCLA and nine other University of California campuses are more likely to be fired, or get smaller raises than white workers when promoted, according to a union study released Oct. 25.

USC Shares $16M Grant to Research Cancer Disparities Between Whites, Blacks and Latinos

USC has been awarded a $16 million federal grant with two Florida universities to study cancer health disparities among racial and ethnic groups.

UCLA-Based Scarless Labs Wins FDA Approval to Study Scar Healing Treatment

Scarless Laboratories Inc., an early stage biotechnology company based at UCLA, has received federal clearance to conduct two clinical studies of its patented compound to heal scar tissue.

MedMen Posts $67M Loss for 2018 Despite Soaring Pot Sales

MedMen Enterprises Inc., a Culver City-based cannabis investment and management firm, on Oct. 25 announced a $67 million loss in 2018 despite reporting a 1,400-percent growth in revenue.

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Alpha Source Raises $41M in Seed Round

Alpha Source Inc., an early stage biomedical company based in Westwood, has raised $41 million from investors, according to an Oct. 24 securities filing.