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

Amgen Tour Pedals into Santa Clarita

The 2017 Amgen Tour of California is rolling through Santa Clarita Wednesday as the city is the finish line for the fourth day of the men’s weeklong bicycle race.

MannKind Gains Nearly 16 Percent on Takeover Rumors

Shares of MannKind Corp. gained 15.6 percent Tuesday as the company prepares for its annual shareholder meeting amid takeover rumors.

Valley Hospital Properties Sell in $150 Million Portfolio

Three medical office buildings on or near Valley hospital campuses have sold as part of an 11-property portfolio for $150 million, or $253 square feet.

Avita Medical Files Patent Infringement Petition

Avita Medical Ltd., a Valencia company that makes regenerative treatments for wounds and skin defects, has filed a petition against a patent owned by competitor New York-based Renovacare Sciences Corp.

SEC Investigates ImmunoCellular

The U.S. Securities and Exchange Commission has accused 27 individuals and businesses of stock fraud, according to the Tampa Bay Business Journal, including former ImmunoCellular Therapeutics Ltd. chief executive Manish Singh.

MannKind Stock Soars, then Earnings Disappoint

Shares in MannKind Inc. zoomed up 43 percent Wednesday, but after the market closed the company reported that it seriously missed Wall Street expectations for earnings and revenue in the first quarter.

Glendale Memorial President Retires

Jack Ivie, president of Glendale Memorial Hospital, will retire June 30.

Earnings: Cheesecake, Tutor Perini, Second Sight, MRV

Cheesecake Factory Inc. saw net income jump nearly 5 percent year-over-year in the first quarter of 2017, but the Calabasas restaurant group still fell short of Wall Street expectations for earnings and revenue.

Providence St. Joseph Selects CEO

Providence St. Joseph Medical Center has named Kelly Linden as its new chief executive. She will start in her new role Monday.

Sienna Secures $40 Million Investment

Sienna Biopharmaceuticals Inc. announced Wednesday that it has completed its Series B financing round, which raised $40 million.

West Hills Hospital Appoints COO

West Hills Hospital & Medical Center has appointed John Neidenbach as its new chief operating officer and vice president, the health care facility announced Wednesday.

Amgen Stock Drops After Missing Revenue Target

Amgen Inc. on Wednesday released first quarter results that beat Wall Street expectations for earnings but missed on revenue. Its stock price fell more than 3 percent in after-hours trading.

Amgen Expands Novartis Collaboration

Amgen Inc. of Thousand Oaks announced Monday the expansion of its commercial collaboration with Swiss pharma company Novartis International for migraine medication erenumab.

Simulations Plus Signs Indian Distributor

Simulations Plus Inc. has signed a distribution deal in India with pharmaceutical testing equipment manufacturer Electrolab India Pvt. Ltd.

Newhall Hospital CFO to Retire

C.R. “Bob” Hudson, chief financial officer and senior vice president at Henry Mayo Newhall Hospital, will retire in July, the Valencia health care facility has announced.

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