Back to profile

Howard Fine

Stories by Howard

ScaleHealth Launches Innovation Partnership

Bioscience incubator expands to Orange County, rebrands

The operator of a bioscience incubator in Palms has taken on a new name, ScaleHealth, and has expanded into Orange County through a partnership with the La Palma-based Innovation Institute.

Tease photo

Soon-Shiong Sets Sights on Virus

Hospital, companies look to treatments

Patrick Soon-Shiong, the billionaire biomedical entrepreneur and owner of the Los Angeles Times, has moved on two fronts to fight the Covid-19 pandemic in recent weeks.

Tease photo

Dermavant Drug Enters New Phase

Psoriasis treatment ready for large-scale testing

Dermavant Sciences Ltd. of Long Beach has completed patient enrollment for a Phase 3 trial of a therapeutic cream to treat the skin disease psoriasis, the company said.

Tease photo

County Unemployment Rate Jumps to 6.3% in March

L.A. County’s unemployment rate surged to 6.3% in March as the area felt the initial impact of the Covid-19 pandemic.

Tease photo

Molina Scraps $50 Million Deal to Buy NextLevel Health

Molina Healthcare Inc. has called off its deal to buy Chicago Medicaid managed care insurer NextLevel Health Partners Inc. for $50 million.

Tease photo

Patients Turn to Telehealth

Companies experience a surge in demand

Local telehealth companies, experiencing a big boost in both hospital clients and patients, are rapidly adjusting their business models to seize the opportunity as the impact of Covid-19.

Tease photo

Positive News Boosts Molina to Record High

Analyst upgrade lifts insurer

While markets have swooned in recent weeks, shares of Long Beach insurer Molina Healthcare Inc. surged to an all-time high April 8 after an analyst raised its rating two notches to the equivalent of a “buy” and news that Sen. Bernie Sanders, I-Vt., was ending his presidential bid.

Tease photo

Prime Healthcare Gets OK to Buy St. Francis Medical Center for $350 Million

Ontario-based Prime Healthcare Inc. has received approval to purchase St. Francis Medical Center in Lynwood from bankrupt Verity Health System for more than $350 million.

Tease photo

Traffic Drops and Terminals Close at LAX

A sharp drop in passenger traffic has prompted steep reductions in the number of flights and the closure of terminals at LAX.

Tease photo

LA Consumer Sentiment Plunges in First Quarter

L.A. consumer confidence plunged in the first quarter to a record low as the impact of Covid-19 began to be felt.

Soon-Shiong Bids for St. Vincent

Seeks to reopen Westlake hospital

Patrick Soon-Shiong has submitted an offer to buy the recently shuttered St. Vincent Medical Center in Westlake for $135 million.

Tease photo

Medical Companies Quickly Pivoting

LA firms seeking ways to fight virus

As the coronavirus pandemic rages, many local biomedical and health care companies are rapidly turning their businesses toward fighting Covid-19.

Tease photo

Work Begins at LAX

Crews pour first concrete for car rental facility

Construction crews in March completed the first concrete pour for the foundation of the $1 billion consolidated car rental facility east of LAX.

Major Projects Remain on Track

Work for LAX, Metro is considered essential

While work has shut down across much of the region as shelter-in-place restrictions have taken hold, construction on several of the area’s largest infrastructure projects has mostly continued apace.

Tease photo

LAX Posts Traffic Dip for February

Drop is expected to worsen in March and April

Passenger traffic at Los Angeles International Airport fell nearly 4% in February with international traffic plunging almost 10% as the first impact of the coronavirus pandemic was felt.

Tease photo

Risks and Rewards

Oskouian likes her chances when it comes to growing Ship & Shore

Ship & Shore has 90 full-time employees and pulls in between $20 million and $25 million a year designing and making a range of air pollution control devices.

Tease photo

Burke to Remain CEO at AECOM

Hunt will continue for replacement

Michael Burke, who had been expected to step down as chief executive at Century City-based engineering company AECOM at the end of March, will remain at the helm of the company for the foreseeable future.

Tease photo

LA County's Pre-Covid-19 Unemployment Rate Held Steady at 4.3% in February

L.A. County's unemployment rate held steady at 4.3% in February, the last reporting period before the arrival of Covid-19.

Local Biomed Companies Using New Tech to Combat Covid-19

A pair of San Gabriel Valley biomed companies have announced progress in technologies that can be used to fight Covid-19.

Tease photo

Cedars-Sinai, Huntington Reach Partnership Pact

Hospitals will share resources, research

Cedars-Sinai Health System and Pasadena Hospital, also known as Huntington Memorial Hospital, have agreed to share medical and research resources.

Tease photo

LA BioSpace Names First Director

Cal State LA facility will anchor bioscience corridor

Local bioscience entrepreneur Alan Horsager has been named the first director for LA BioSpace, the soon-to-open bioscience incubator at Cal State Los Angeles.

Tease photo

KabaFusion Expands

Lincare purchase increases pharmacy footprint

Cerritos-based KabaFusion has expanded by acquiring the home infusion operations of Lincare Holdings Inc. of Clearwater, Fla.

Air Lease Navigates Headwinds

Company offers cash for aircraft or lease extensions

Century City-based Air Lease Corp. has been making course changes to navigate airline industry headwinds from the coronavirus.

Tease photo

Tetra Tech Wins $125 Million USPS Work

Company will provide emergency services

Tetra Tech Inc. has landed a $125 million contract with the U.S. Postal Service to supply nationwide emergency preparedness and response support, and environmental services.

Tease photo

L.A. County Unemployment Rate Held Steady in January Despite Seasonal Job Losses

L.A. County’s unemployment rate in January remained at 4.3% despite heavy seasonal job losses, according to state figures released March 13.

Southwest to Add 2 Flights at Long Beach Airport This Summer

Southwest Airlines Co. on March 12 announced it will add two weekday flights at Long Beach Airport this summer, one to Oakland and the other to San Jose.

Tease photo

RadNet to Acquire Radiology AI Company DeepHealth

Sawtelle diagnostic imaging company RadNet Inc. announced March 11 it has agreed to buy Cambridge, Mass.-based radiology artificial intelligence company DeepHealth Inc. in a stock deal.

Tease photo

Waiting Game

Metro delays Crenshaw-LAX Line again for more testing

The long wait for the first rail line to connect to Los Angeles International Airport and to the new football stadium complex in Inglewood is going to be even longer.

Tease photo

AECOM Acquisition Talk Builds

Company skips two key investor conferences

Speculation is mounting that Century City-based engineering and infrastructure giant AECOM may be acquired by rival WSP Global Inc.

Tease photo

Tetra Tech Adds IT Firm

Segue Technologies deal extends buying binge

Pasadena-based engineering and consulting firm Tetra Tech Inc. is transforming itself into a technical services firm for federal government agencies.

Tease photo

Long Beach Airport Project Grows to $80 Million

Additional work boosts contract for Swinerton

Swinerton Inc.’s design-build contract for the second phase of terminal improvements at Long Beach Airport just got a whole lot bigger.

Tease photo

Cloudbreak Gets $10M Investment

Firm will expand telemedicine services

Cloudbreak Health, an El Segundo-based interpreter service for the medical industry, has received $10 million in funding from Columbia Partners Private Capital of Bethesda, Md.

Tease photo

Parsons Opens Satellite Facility Near Torrance

Labs will help fullfill $100M contract

Parsons Corp., the multibillion-dollar engineering and infrastructure firm, is opening a new facility in L.A. County to pursue the rapidly expanding space satellite business.

Tease photo

Puma Shares Slip as Sales of Cancer Drug Fall

Shares of Pasadena-based Puma Biotechnology Inc. fell after the company revealed that sales of its breast cancer treatment drug, Nerlynx, declined during the fourth quarter.

Tease photo

A Mixed Bag

Traffic at area airports last year grew at slowest rate since the recession

A record 103 million passengers went through the gates at the four commercial airports serving Los Angeles County last year, but that was up only 1.4% from 2018, marking the slowest growth rate since the Great Recession.

Tease photo

Surf Air Acquires BlackBird Air

Company will provide flights and scheduling

Santa Monica general aviation airline Surf Air Inc. announced it has acquired San Francisco-based online aviation marketplace BlackBird Air Inc.

OC’s Hoag Moves Into LA County

Institute acquires surgery center in Marina del Rey

Hoag Memorial Hospital Presbyterian, one of Orange County’s largest hospital and health care networks, is entering the Los Angeles County market.

Tease photo

Herbalife Sees Coronavirus Impact

Company anticipates disruption in operations for quarter, year

Count downtown-based nutrition supplement company Herbalife Nutrition Ltd. as another company feeling the impact of the rapid spread of the Covid-19 coronavirus throughout China.

Tease photo

ChromaDex Expands Pact

Nestlé service will boost company’s supplement

The world’s largest food and beverage company has agreed to flex more of its marketing muscle for a product from Westwood-based nutrition company ChromaDex Inc.

Tease photo

Forecast Sees Modest Growth in County's Economy

Los Angeles County’s economy will continue to see modest growth in 2020, according to a forecast from the Los Angeles County Economic Development Corp.

FDA Gives Kite Cellular Drug Therapy Fast Track Designation

The FDA must decide within six months whether to approve the drug, known as KTE-X19

Tease photo

Float Shuttle Receives DOT Approval

Air commuter service ready to launch routes between La Verne, Hawthorne and Camarillo

After months of delays, L.A.’s first air shuttle service for local commuters received DOT approval Feb. 19.

Tease photo

Xencor to License Food Allergy Drug

Deal with Aimmune could bring up to $400 million before royalties

Monrovia-based biopharmaceutical company Xencor Inc. announced it has granted a license to Bay Area-based Aimmune Therapeutics Inc.

Tease photo

Molina Expects Positive Results Ahead

Managed care insurer projects $17 billion in revenue for 2020

With the release of fourth-quarter and full-year 2019 earnings, Molina issued a forecast of premium revenue growth for this year of 7.4% to about $17.4 billion.

Tease photo

Tetra Tech Gets Government Boost

Firm benefits from stable federal budget process

Sometimes one of the biggest things executives pray for is a lack of drama in their businesses. That's what Tetra Tech is experiencing now with the federal government.

Tease photo

Puma Shares Soar 81% Over 2 Days

Biotechnology company stays quiet amid speculation about run-up

After a year of lackluster and disappointing performance, shares of Westwood-based biopharmaceutical company Puma Biotechnology Inc. mysteriously shot up 81% Feb. 4 and 5 on some of its heaviest trading volume in years.

Tease photo

Ares Partners on Projects

Firm plans NY battery effort

Century City alternative asset management firm Ares Management Corp. has agreed to partner with Atlanta-based Dimension Renewable Energy to further develop large-scale battery energy storage projects in New York state.

Rail Project Picks Teams

Companies selected to bid on Sepulveda Pass work

Five teams have qualified to bid for the contract to build a rail line through the 405 Freeway’s Sepulveda Pass, officials with the Los Angeles County Metropolitan Transportation Authority announced late last month.

Arrowhead announces 'promising' clinical trial results

Arrowhead Pharmaceuticals Inc. announced Feb. 5 that it had achieved “promising” interim results from early clinical trials for two of its drugs

Tease photo

LA County Construction Employment Expected to Grow 6% Over Next 5 Years

The construction sector in Los Angeles County will add nearly 9,500 jobs over the next five years for a growth rate of 6%, according to a new forecast.

Tease photo