Recent and archived news stories on: biotechnology, pharmaceutical companies, health insurance companies, hospitals, medical devices, medical groups

ImmunityBio Strikes Deals in Effort to Speed Development of Covid Vaccine

In recent weeks, Culver City-based ImmunityBio Inc. has struck deals with two companies to gain access to technologies to help speed development of its Covid-19 vaccine candidate.

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Puma Wins 5-Year Extension of Patent on Main Breast Cancer Treatment Drug Nerlynx

Westwood-based Puma Biotechnology Inc. announced Nov. 23 that it has won from U.S. regulators a five-year extension on the patent for its breast cancer therapy Nerlynx.

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Son Takes Over From Father as Co-CEO of Apollo Medical Holdings

There’s been a generational leadership change at Alhambra-based Apollo Medical Holdings Inc.

Emanate Health CEO Robert Curry to Retire in 2022

Longtime Emanate Health Chief Executive Robert Curry will retire in April, the West Covina-based hospital system announced Nov. 30.

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Arrowhead, Xencor Ink Licensing Deals Potentially Worth $1.5 Billion

Within the space of 24 hours last week, two local pharmaceutical companies inked licensing deals for drugs in development that could reap them up to a combined $1.5 billion if the drugs prove successful.

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Health Tech Firm EasyHealth Secures $135M in Funding

The Beverly Hills company plans to use the funding to further develop and market its platform to analyze and improve Medicare patient care outcomes.

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Digital Health Accelerators Boosting Local Companies

Business accelerators have long been a crucial link for taking startups from the research and prototype stage to marketing and selling their products and services to customers.

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The Oncology Institute Starts Public Trading, Signals Future Growth

The Oncology Institute raised approximately $334 million in cash proceeds through the public trading launch.

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PatientPop, Kareo Merge to Create Tebra

Santa Monica-based PatientPop Inc. will merge with health care IT firm Kareo Inc., forming a new company called Tebra.

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Perinatal Nutrition Company Needed Raises $3.7M in Seed Financing Round

Brentwood-based perinatal nutrition company Needed recently closed a $3.7 million round of seed financing to help it continue its research and begin marketing nutritional supplements to women of childbearing age.

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Merger Makes Venice Family Clinic the Largest Nonprofit Community Health Center in Coastal LA County

Two of the oldest and largest nonprofit health centers serving coastal Los Angeles County have merged.

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USC Health System Assembles New Leadership Team

A new leadership team is assembling at USC’s health system, with a chief executive and top execs at each of the system’s main hospital components named in the last two months.

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Fulgent Launches Home Covid Antibody Test

Temple City-based Fulgent Genetics Inc. has launched a home Covid test designed to detect specific antibodies that indicate the level of Covid immunity in individuals.

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Molina Healthcare Acquires Long-Term Care Business for $110M

Long Beach-based health insurance giant Molina Healthcare Inc. is deepening its reach into New York, the nation’s largest metro health market.

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Science 37 Plans to Double Workforce

Culver City-based Science 37 Inc., which completed its merger to go public through New York City-based blank check firm LifeSci Acquisition II Corp. earlier this month, recently began trading. Now, the medical research and technology company is already laying out ambitious plans for growth.

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