San Fernando Valley Business Journal


Recent and archived news stories on: Biotechnology, Doctors, Drugs, Health Insurance, HMO's/PPO's, Hospitals, Medical Devices, Nursing...

SPECIAL REPORT: Healthy Opportunity

Developer checks in to Antelope Valley with hospital-adjacent wellness center.L.A. developer John Thomas proposes a health care oasis in Antelope Valley’s high desert.

By Carol Lawrence February 8, 2016 midnight   $$ Share

Assisted Living Facility Breaks Ground

An assisted living and memory care facility has received more than $16 million in financing to break ground this month in Thousand Oaks.

MannKind Faces Delisting, Shares Slump

MannKind Corp. on Friday announced that it has received a delisting notice from the Nasdaq stock exchange, as the company has traded below $1 for more than 30 days.

FDA Approves Amgen's Humira Biosimilar

Amgen Inc.’s biosimilar to top-selling drug Humira was approved Friday by the U.S. Food and Drug Administration.

Study Confirms Effectiveness of Amgen Osteoporosis Drug

Amgen Inc. and UCB Inc. have released results from their Phase III FRAME study of osteoporosis medication Romosozumab.

Preview: Regulators Kill a Hit Painkiller

What do you do when one of your hottest-selling products becomes contraband?

Simulations Plus Posts Revenue Gains

Simulations Plus on Monday announced preliminary financial results for its fiscal fourth quarter and full year.

Amgen Buys Myeloma Drug

Amgen Inc. has acquired worldwide development and commercial rights for a phase-1 multiple myeloma drug from German pharmaceutical company Boehringer Ingelheim, the companies announced Thursday.

MannKind’s Stock Surges: May Make EpiPen Rival

Reports that MannKind Corp. is working on an alternative way to deliver the drug epinephrine into the body caused the company’s stock to soar.

FDA Rejects Amgen’s Parsabiv

Amgen Inc.’s application seeking approval for its drug Parsabiv has been rejected by the U.S. Food and Drug Administration, the company announced Thursday.

Preview: Rehab Recovers After Tragedy

Robert Pfeifer, founder of drug and alcohol rehabilitation center Sober College, unexpectedly died of a heart attack, leaving his wife and co-founder Mindi Levins Pfeifer to decide the fate of their business.

Simi Hospital Dials Up Help Line

Simi Valley Hospital has rolled out a toll-free phone number for the public to use for physician referrals and finding out about hospital services.

Medtronic Introduces New Insulin Pump

Medical device maker Medtronic on Thursday announced the U.S. commercial launch of its latest device, the MiniMed 630G Insulin Pump System.

Kaiser, AV Hospital Extend Care Contract

Antelope Valley Hospital and Kaiser Permanente Inc. on Wednesday announced a three-year contract for Kaiser physicians to continue to administer care to its members at the Lancaster hospital.

Hilton Foundation Awards $2 Million Prize

The Conrad N. Hilton Foundation in Agoura Hills has given the world’s largest humanitarian award to an Atlanta nonprofit.

MannKind Barely Misses Estimates

MannKind Corp. (MNKD) announced its second quarter financial results on Monday, reporting an adjusted net loss of $30 million (-7 cents a share) for the second quarter ended June 30, compared with an adjusted net loss of $28.9 million (-7 cents) for the same quarter a year ago.