Company looks to new execs, contracts
After a rocky three years, managed care and Medicaid insurer Molina Healthcare Inc. says it is back in growth mode.
NantKwest drug shows promise, NantHealth sells unit for $47M
Stock prices skyrocketed last week for two of billionaire Patrick Soon-Shiong’s health care companies.
After nearly two years of declines, L.A. consumer confidence rebounded in the fourth quarter, according to a survey released Jan. 16.
Cedars-Sinai announced the opening of its fourth urgent care clinic — this one in West Los Angeles.
Biostrap offers consumers ‘Fitbit on steroids’
Biostrip's body data collection device provides in-depth monitoring that passes clinical muster.
Debt-laden St. Vincent dates to 1856
El Segundo-based hospital operator Verity Health System will close St. Vincent Medical Center in Westlake — the oldest continuously operating hospital in Los Angeles — at the end of January.
Monrovia-based biopharma firm Xencor Inc. reached a licensing deal with pharma giant Gilead Sciences Inc. to develop a group of antibody drugs to treat HIV.
USC’s Ellison Institute for Transformative Medicine will open a “smart” facility with advanced wireless technologies in Silicon Beach later this quarter.
Molina Healthcare Inc. agreed to acquire Chicago-based managed care insurer NextLevel Health Partners Inc. in a deal valued at about $50 million.
Two companies appear to be heading in opposite directions this year in the biomed and health care space.
Supplement-maker gets approval in Australia
Westwood-based ChromaDex Corp. has made headway as it tries to market its only product — a nutrition supplement aimed at promoting metabolic reactions in cells — around the globe.
CEO, chief commercial officer join trial company
A new leadership team is now in place at Playa Vista-based digital clinical trial company Science 37 Inc., nine months after its former chief executive and co-founder stepped back from daily operations.
The board of Molina Healthcare Inc. authorized a stock repurchase program for up to $500 million worth of the company’s outstanding common shares.
Charles Drew University has received an $800,000 grant from the California Endowment to help the school develop a new medical degree program and a new medical education building.
Cedars-Sinai received a $20 million gift from the co-founder of digital navigation company Garmin to create an autoimmune disease institute.