HEALTH CARE
Molina Boosts New York Presence With $380 Million Deal
Long Beach health insurance giant Molina Healthcare Inc. has agreed to buy Affinity Health Plan for $380 million in cash.
Organ Donation Agency OneLegacy Rises to New Challenge
By May, OneLegacy’s organ procurements not only recovered to prepandemic levels, but actually exceeded them.
GoodRx Stock Soars on Opening Day
GoodRx Holdings Inc. reaped a bonanza as it began life as a public company last week.
GoodRx Founders Poised for Big Gains From IPO
GoodRx Holdings Inc. founders Doug Hirsch and Trevor Bezdek are positioned to reap handsome rewards from the planned initial public offering of their Santa Monica-based prescription drug price shopping platform.
Arrowhead’s Liver Drug Shows Early Promise
Shares of Pasadena-based Arrowhead Pharmaceuticals Inc. shot up 40% last week on news of positive preliminary results from a clinical trial for the company’s drug to treat a rare liver disease.
GoodRx Seeks to Raise $570 Million in IPO
Santa Monica-based GoodRx Holdings Inc. has priced its initial public offering at between $24 and $28 a share and hopes to raise $570 million from the offering.
Radiology Partners to Acquire Mednax for $885 Million
El Segundo-based radiology services company Radiology Partners Inc. has agreed to acquire Mednax Radiology Solutions, a division of Sunrise, Fla.-based Mednax Services Inc., for about $885 million.
GoodRX Preparing for $100 Million IPO
Santa Monica-based GoodRx Holdings Inc., which operates a popular and fast-growing prescription drug comparison price shopping platform, is poised to become the first L.A. County company to go public in more than a year.
Fulgent Opens First Covid-19 Lab Outside California
Temple City-based genetic testing company Fulgent Genetics Inc. has begun Covid-19 testing at a new facility in Houston — its first testing lab outside of California.
Puma Study Probes Nerlynx Side Effects
Westwood-based Puma Biotechnology Inc. has published interim results for a study tied to its main drug Nerlynx, an early stage breast cancer treatment that was approved three years ago by the Food and Drug Administration.
Kite Partners to Develop Leukemia Treatments
Santa Monica pharmaceutical concern Kite is partnering with HiFiBiO Inc. to develop therapies to treat acute myeloid leukemia.
Fulgent Shares Soar on Covid Testing Announcements
Shares of Fulgent Genetics Inc. jumped more than 11% on Sept. 3 following announcements about expanded Covid-19 testing.
TigerConnect Acquires Physician Scheduling Platform
Health care communications company TigerConnect Inc. has acquired Adjuvant Technologies, the operator of a physician scheduling platform.
Herbalife Settles Chinese Bribery Case for $123 Million
Herbalife Nutrition Ltd. has agreed to pay $123 million to settle federal charges that it bribed Chinese officials.
Wellth App Pays Patients to Take Their Medication
A small company in Mar Vista, Wellth Inc., pays people each month for taking their medications, helping offset preventable health care costs.
