HEALTH CARE
Molina Is Eagerly Anticipating Biden Boost
Few companies have been as eagerly anticipating the new administration of President Joe Biden and Democratic control of Congress as Molina Healthcare Inc.
Innova Turns to Acquisitions in Bid to Boost Production
With two recent acquisitions under its belt, Pasadena-based startup Innova Medical Group Inc. is ramping up procurement and production of rapid antigen tests.
Capricor Receives License for New Covid-19 Test
Beverly Hills-based biotech firm Capricor Therapeutics Inc. is about to start work on an entirely new type of Covid-19 test.
ImmunityBio, NantKwest Get OK to Expand Covid Vaccine Trial
The Covid-19 vaccine candidate being developed by two of billionaire Patrick Soon-Shiong’s companies moved a step closer to deployment.
Xencor Partners With UCLA to Develop New Drugs
Monrovia-based biopharmaceutical company Xencor Inc. has signed a partnership agreement with UCLA’s Technology Development Group to develop new drugs.
Quantgene Raises $6 Million, Sets Marketing Partnership
Quantgene's partnership with Vikor Scientific will help commercialize its liquid biopsy genomic test platform.
Avhana Health Is Acquired by Amalgam Rx
Local incubator member and digital health company Avhana Health Inc. has been acquired by Wilmington, Del.-based digital medicine products company Amalgam Rx Inc. for an undisclosed sum.
City of Hope Receives $100 Million Gift
Duarte-based City of Hope has received a $100 million donation from one of its research pioneers, Arthur Riggs.
Seed Health Acquires AI Company
Venice-based microbial bioscience company Seed Health Inc. has acquired New York-based Auggi Technologies Inc.
Ginsburgs Donate $29 Million to UCLA Health
UCLA Health has received a $29 million gift from philanthropist Allen Ginsburg and his wife Charlotte to establish a center for precision genetic medicine.
Fulgent, Healthvana Team for Covid Testing in LA County
Fulgent Genetics Inc. and Healthvana Inc. are partnering with Los Angeles County to expand at-home Covid testing.
Orthodontics Firm Byte Is Acquired for $1 Billion
Santa Monica-based direct-to-consumer orthodontics company Byte has been acquired by Charlotte, N.C.-based dental products giant Dentsply Sirona Inc. in an all-cash deal valued at $1.04 billion.
Xencor to Collaborate with Texas Cancer Center
Monrovia-based biopharma company Xencor Pharmaceuticals Inc. has entered into a research collaboration and commercialization agreement with Houston-based University of Texas MD Anderson Cancer Center.
Capricor Signs Drug Development Deal
Beverly Hills-based biopharma company Capricor Therapeutics Inc. made two announcements last month involving collaborative agreements.
ImmunityBio Gets OK for Covid Vaccine Trial in South Africa
Culver City-based ImmunityBio Inc. announced Jan. 19 that it has received authorization from South African health officials to begin clinical trials of its Covid-19 vaccine candidate in that country.
