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

Soon-Shiong Steps Aside as CEO of NantKwest

Billionaire Patrick Soon-Shiong has stepped aside as chief executive at biotech firm NantKwest.

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Local Health Care Businesses Could Benefit From Prop. 14

Proposition 14 could provide a boost to health care institutions and biotech companies in Los Angeles County.

Local Dialysis Operators Face Closures, Higher Costs With Prop. 23

Local dialysis clinic owners, already contending with the Covid-19 pandemic, now fear that if voters approve Proposition 23 on next month’s ballot, they might have to close some of their clinics.

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RadNet, Adventist Enter Into Joint Venture

West L.A.-based diagnostic imaging company RadNet Inc. and Adventist Health on Tuesday announced a joint venture to create outpatient imaging centers in Simi Valley.

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ImmunityBio To Begin Phase 1 Trials For Covid Vaccine

Culver City-based ImmunityBio’s Covid-19 vaccine candidate drug has been approved to begin Phase 1 clinical trial testing.

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Charter Health Acquires Two Hospice Companies

Covina-based Charter Health Care Group has acquired two hospice service companies, part of a series of acquisitions this year.

Arrowhead Strikes Major Partnership With Takeda

Pasadena-based Arrowhead Pharmaceuticals Inc. announced a major licensing and drug development deal with a Japanese pharmaceutical company to develop and commercialize a drug to treat a rare form of inherited liver disease.

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KGI Medical School Receives $5 Million Donation

L.A. Care Health Plan is committing $5 million toward the launch of the Keck Graduate Institute School of Medicine in Claremont.

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Health Care Sector Sets the Pace for Job Gains in LA

Entertainment, technology, tourism and real estate have long been regarded as the star sectors of the Los Angeles economy.

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Cedars-Sinai Wins $8.3 Million Grant for Covid-19 Study

Cedars-Sinai Health System has been awarded a five-year, $8.3 million grant by the National Cancer Institute to study the risk of Covid-19 for minority populations

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Demand Soars for Plastic Surgery Amid Pandemic Downtime

Beverly Hills-based plastic surgeon Josef Hadeed began to notice something unusual as the coronavirus pandemic wore on.

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Fulgent Flying High With Covid Tests, S&P Listing

Temple City-based Fulgent Genetics Inc. has continued its rapid expansion of Covid-19 testing, snagging major contracts in September for New York City’s public school system, the state of Utah and Miami-Dade County in Florida.

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Concierge Health Service Sollis to Open in LA

New York-based concierge health service Sollis Health has started offering services in Los Angeles and plans to open a medical office in Beverly Hills later this month.

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Drew University Secures $15 Million in Grants

Charles R. Drew University of Medicine and Science, a private nonprofit school in Willowbrook, received nearly $15 million in grants in September.

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CHA Hollywood Presbyterian Names New CEO

CHA Hollywood Presbyterian Medical Center has named veteran hospital executive Marcel Loh as its new chief executive.

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