San Fernando Valley Business Journal


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

Report: Amgen to Relocate or Lay Off 500 Employees

As many as 500 Amgen Inc. employees in Thousand Oaks have been notified that they will either be relocated, reassigned or laid off, according to a report from Thousand Oaks Acorn.

Sienna Biopharmaceuticals Hires CFO

Sienna Biopharmaceuticals Inc., a Westlake-Village biotech working on novel laser hair removal and skin therapies, announced Friday the appointment of Chief Financial Officer Richard Peterson, effective immediately.

Second Sight Warrants Approved for Trading

Second Sight Medical Products Inc. announced Monday that warrants issued in connection with a recent rights offering have been approved for listing on Nasdaq and are scheduled to begin trading on March 29.

Amgen Biosimilar Approved in Europe

Amgen Inc.’s biosimilar to the best-selling drug of all time has been approved for commercialization by the European Commission, the company announced Thursday.

Amgen Opens Tampa Center

Amgen Inc. is opening a 136,000-square-foot facility in Tampa, Fla., the Tampa Hillsborough Economic Development Corp. announced Wednesday.

MannKind Turns Profitable in Fourth Quarter

MannKind Corp. (MNKD) on Thursday reported fourth-quarter and full-year financial results, beating analysts’ expectations.

Northeast Valley Health Names Chief Medical Officer

Northeast Valley Health Corp. on Monday announced the appointment of its new chief medical officer, Dr. Christine Park.

Earnings: B. Riley, ImmunoCellular, Second Sight, MRV

Roundup of quarterly reports from Valley companies.

Boston Scientific Renews Valencia Lease

Boston Scientific Corp. has renewed its current lease in Valencia and extended it for 10 years with plans to add employees, according to CBRE Group Inc.

FDA Changes ImmunoCellular Study Calendar

ImmunoCellular Therapeutics Ltd. on Monday announced that the U.S. Food and Drug Administration has approved an amendment to its registration trial for a drug, temporarily sending the company’s stock up 16 percent.

Despite Reverse Split, MannKind’s Stock Drops

MannKind Corp.’s post-split stock had a difficult initial day of trading on the market Friday, closing down nearly 13 percent.

AV Hospital Selects CFO

Antelope Valley Hospital has named Colette Menzel as its new chief financial officer, the hospital announced Wednesday.

LTC Beats Estimates

Earnings and revenue for health care facility landlord LTC Properties Inc. exceeded Wall Street expectations for the fourth quarter and the full year.

MannKind Gains $16.7 Million From Building Sale

MannKind Corp. on Tuesday announced it has received the remaining $16.7 million after closing the sale of some of its former real estate at 28901-28903 N. Avenue Paine in Valencia.

Preview: Hospitals Move to Main Street

Moving clinics off hospital campuses into non-medical locations that are also prominent and convenient is a new strategy for many major health systems.