HEALTH CARE
CytRx Stock Plunges After FDA Rejection
CytRx Corp. shares plunged 62% after the FDA rejected a drug application from a Danish biotech firm that had partnered with CytRx.
ChromaDex Supplement Tru Niagen Now Available at Walmart
A nutritional supplement designed to lessen the effects of aging made by ChromaDex Corp. is now available in Walmart stores.
Startup Tele911 Seeks to Enhance Emergency Response Systems
Tele911 Inc. seeks to provide a telehealth platform that allows paramedics at the scene to consult with physicians.
College Health to Acquire Glendora Oaks Hospital
College Health Enterprises has received conditional approval for the $24 million purchase of Glendora Oaks Behavioral Health Hospital.
Apollo Medical to Pay $4 Million for Stake in Clinical Lab
Physician group manager Apollo Medical Holdings Inc. will pay $4 million to acquire a controlling interest in Sun Clinical Laboratories.
LA500 Q&A: How Elaine Batchlor Steered Hard-Hit MLK Community Hospital Through the Pandemic
Elaine Batchlor, chief executive of Martin Luther King Jr. Community Hospital, found herself at the center of the Covid-19 storm.
Is Amazon a Threat to GoodRx?
Santa Monica-based GoodRx Holdings Inc. and its comparison price shopping app for prescription drugs are facing increased competition from Amazon.com Inc.
Local Teams Develop Less Invasive Cancer Technologies
Research teams at City of Hope and Avenda Health Inc. have developed minimally invasive technologies for the identification and treatment of cancers.
Ontrak Confirms Layoffs After Losing Major Contract
Executives with Santa Monica-based Ontrak Inc. confirmed in early May that the company had laid off 35% of its workforce in March.
Providence LA Hospitals Approved for Cancer Network Program
Providence announced in early May that its five Los Angeles County hospitals have earned three-year accreditation as an Integrated Network Cancer Program.
ImmunityBio Wins FDA Approval for Clinical Testing of Cancer-Fighting Drug
Shares of ImmunityBio, Inc. shot up after the company received FDA authorization to launch clinical studies of a cancer-fighting drug.
Investors Wonder What Comes Next for Fulgent Genetics
Fulgent Genetics Inc. delivered what, by any standard, was a stellar performance during the first quarter.
Local Health Tech Companies Drive Effort to Digitize Health Care Records
2021 Health Care Special Report
In hospitals and medical offices across the country, scribbled notes and illegible prescriptions have given way to digital devices and electronic record-keeping.
DearHealth App Analyzes Patient Records to Help Identify Treatments
2021 Health Care Special Report
DearHealth's app takes information from a patient’s medical record and gives physician users care and treatment recommendations.
HealthTensor App Mines EMRs to Catch What Doctors Might Miss
2021 Health Care Special Report
Marina del Rey-based HealthTensor mines electronic medical records for conditions that physicians might overlook.
