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

Anthem Loosens Rules for Sand Fire Victims

Health insurer Anthem Blue Cross has implemented temporary revised medical and pharmacy guidelines for policyholders affected by the Sand wildfire in Santa Clarita, the company announced Wednesday.

Amgen Beats Expectations

Amgen Inc. on Wednesday reported second-quarter financial results, exceeding Wall Street’s expectations.

Amgen Settles $95 Million Lawsuit

Amgen Inc. will pay $95 million to settle a class action lawsuit, the company announced Wednesday.

Antelope Valley Hospital Names COO

Antelope Valley Hospital has named Ronald Bingham as its new chief operating officer, the Lancaster hospital announced Monday.

Ceres Narrows Loss

Ceres Inc. narrowed its losses during its last quarter as a publicly traded company if an announced acquisition takes place.

Amgen Signs Japanese Drug Distribution Deal

Amgen Inc. announced Wednesday that it has entered into an exclusive contract with Tokyo-based pharmaceutical company Daiichi Sankyo Co. Ltd. to commercialize nine biosimilar drugs in Japan.

Simulations Plus Shares Jump After Quarterly Report

Simulations Plus stock rose nearly 6 percent Thursday after the company announced its fiscal third-quarter results.

LTC Properties Buys Georgia Senior Care Facility

Westlake Village real estate investment trust LTC Properties Inc. has added a Georgia assisted living and memory care facility to its portfolio of properties.

ImmunoCellular Files for $13 Million Secondary Offering

ImmunoCellular Therapeutics Ltd. on Monday filed a preliminary prospectus to offer up to 60 million shares of common stock, which the company anticipates will raise approximately $12.8 million in net proceeds.

SetPoint Signs Lease at Mann Biomedical Park

SetPoint biomedical technology company has signed a long-term lease for more than 14,000 square feet at a research and medical park in Santa Clarita, according to L.A. based-CBRE Group Inc.

Second Sight Stock Pops on New Medicare Pricing

Second Sight Medical Products Inc. on Thursday saw an uptick in its stock price — up more than 20 percent — after the federal government established a proposed Medicare reimbursement rate of approximately $150,000 for the Argus II implant and its associated surgical procedure.

Joint Venture Buys Thousand Oaks Assisted Living Facility

Belmont Village Thousand Oaks, an assisted living and memory care facility, has been acquired by a joint venture between its current operator and original developer, Belmont Village Senior Living, and Boston, Mass.-based private equity investment advisor Blue Moon Capital Partners.

Amgen Announces Incubator 'Golden Ticket' Winners

Amgen Inc. announced Thursday its new five-year sponsorship of a San Francisco life sciences incubator called QB3@953, which focuses on developing new human health therapies.

ApolloMed Lands Salinas Hospital Deal

Health management company Apollo Medical Holdings Inc. announced Tuesday that its affiliate medical group ApolloMed Hospitalists has been contracted to provide its services to Salinas Valley Memorial Hospital in Salinas in the Monterey Bay area.

Amgen Names New Operations Manager

Amgen Inc. on Friday announced that the company has appointed Esteban Santos as its new executive vice president of operations, beginning July 25.