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

Medtronic Signs Cross-License Agreement on Diabetic Research

Medtronic has signed a patent cross-license agreement with San Diego-based Tandem Diabetes Care to avoid potential legal disagreements.

Surowitz Will Leave Providence Tarzana to Lead Jewish Home

Providence Cedars-Sinai Tarzana Medical Center Chief Executive Dale Surowitz will leave his post to lead the Los Angeles Jewish Home during a time of rapid expansion.

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ImmunoCellular Shareholders Approve Reverse Stock Split

Shareholders of ImmunoCellular Therapeutics have voted to implement a reverse stock split at a ratio not less than 1-for-3 and not greater than 1-for-10.

Henry Mayo Hospital Opens Hand Surgery Clinic

A new medical clinic opened on the Henry Mayo Newhall Hospital campus in Valencia earlier this week.

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MannKind Shares Rise on New Studies

Shares of MannKind Corp. (MNKD) jumped nearly 17 percent on Monday, following positive data presented at an American Diabetes Association event about the company’s flagship product, Afrezza.

Adventist Buys Minority Stake in Prestige Ameritech

Adventist Health has partnered with North Carolina health care improvement company Premier Inc. to acquire a minority stake in Prestige Ameritech — one of the largest domestic manufacturers of personal protective equipment.

Kaiser Permanente Releases ‘Playbook’ for Businesses on Coronavirus Compliance

Health care system Kaiser Permanente has released a 98-page “playbook” for businesses returning to the office, with insight from the Centers for Disease Control and Prevention and Occupational Safety and Health Administration, as well as state and county health departments.

Simulations Plus Wins $400,000 FDA Grant

Lancaster biotech Simulations Plus has won a $400,000 grant as part of a cooperative agreement with the U.S. Food and Drug Administration, the company said in a statement Thursday.

Lockheed Martin Donates $500,000 to AV Hospital

Antelope Valley Hospital received a $500,000 grant from aerospace giant Lockheed Martin to obtain personal protective equipment, according to a statement from the hospital.

Equity Purchase Pumps Capital into Endonovo

Endonovo Therapeutics Inc. has arranged an equity purchase agreement with Cavalry Fund I, under which Endonovo will sell up to $10 million in shares during the next 24 months.

Teledyne Sensors for Diagnosis of COVID-19

A subsidiary of Teledyne Technologies Inc. is manufacturing image sensors called charged coupled devices, or CCDs, for use in COVID-19 diagnostic tools.

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Valley Community Healthcare Launches Telehealth System

Valley Community Healthcare on Friday officially launched its telehealth system in response to the COVID-19 pandemic.

Avita Medical to Consolidate Operations in Valencia, Seek Nasdaq Listing

Shareholders of Avita Medical Ltd., an Australian regenerative medicine company with U.S. headquarters in Valencia, will meet virtually on June 15 to discuss relocating operations solely to the United States.

Preview: Pandemic Paradox

Hospitals are central in fight against virus, but they lost millions.

FDA Fast-Tracks Amgen Heart Drug

The U.S. Food and Drug Administration has fast-tracked Amgen Inc.’s heart failure drug omecamtiv mecarbil.

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