San Fernando Valley Business Journal


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

Apollo Climbs Industry Peak

Health Care: Glendale doctors manager expands under reform.Health Care: Apollo Medical Holdings reinvents itself as a Medicare provider.

By Joel Russell April 21, 2014 midnight   $$ Share

LTC Buys Texas Nursing Home

LTC Properties Inc., a real estate investment trust in Westlake Village, has purchased a skilled nursing center in Dallas-Fort Worth for $16 million.

ApolloMed Hires Doctor Recruiter

Apollo Medical Holdings Inc. announced Tuesday that it has appointed Shawn M. Burns as its new senior vice president of physician services.

ApolloMed Signs Hospitalist Deal

Apollo Medical Holdings, Inc. announced that a subsidiary has agreed to provide hospitalists for seven hospitals run by Allied Pacific of California.

Amgen Beats Estimates in Fourth Quarter

Amgen Inc. reported fourth-quarter financial results on Thursday that beat analyst estimates on earnings.

Amgen Tour Route Announced

Thousand Oaks biotech Amgen Inc. announced on Thursday this year’s route for its Amgen Tour of California, with the second day’s finish line in Newhall.

Investors Put $5.3 Million into SnapMD

Cloud-based telemedicine provider SnapMD Inc. has raised $5.3 million in Series A funding, the company announced Wednesday. Investors include Shea Ventures in Walnut, TYLT Labs in Santa Monica and Whittier Ventures in Pasadena.

Report: MannKind Exploring Options, Sale

MannKind Corp. reportedly is exploring strategic options, including the possible sale of the company, according to Reuters.

FDA to Review Amgen’s Biosimilar of Humira

The Food and Drug Administration has accepted for review an application from Amgen Inc. for a biosimilar drug to compete withAbbieVie Inc.’s Humira.

MannKind Signs Product Development Deal

MannKind Corp. announced Thursday that it has entered into a licensing agreement with newly formed pharmaceutical developer Receptor Life Sciences Inc. in Seattle to develop multiple inhaled therapeutic products for an array of conditions, including inflammatory disorders and neurological diseases.

ApolloMed Appoints New Board Member

Apollo Medical Holdings Inc. has appointed Dr. Thomas Lam to its board, the company announced Tuesday.

ApolloMed Adds Strategic Board Member

Apollo Medical Holdings Inc. has appointed a top executive of a major strategic investor as a member of its board, the company announced Wednesday.

MannKind Retracts CEO Job Offer

MannKind Corp. has retracted its offer to employ Duane M. DeSisto as the Valencia biotech’s new chief executive, the company announced Monday.

Amgen Invests in Alzheimer Drug Startup

Amgen Inc. is a new investor in San Francisco’s Alector, a biotech focused on developing immuno-modulatory therapies for Alzheimer’s disease and other neurodegenerative disorders.

Lancaster Hospital Names CEO

John Rossfeld was named the new chief executive of Antelope Valley Hospital in Lancaster on Monday.

Simi Valley Hospital Relocates Child Center

Simi Valley Hospital announced Tuesday that it will move its Child Development Center to a new location at 3015 N. Sycamore Drive, across the street from the main hospital.