Cure Pharmaceutical to Buy Sera Labs for $20 Million

Cure Pharmaceutical on Tuesday announced it will acquire privately held Sera Labs in Sherman Oaks for $20 million.

Amgen Grows Revenue in Pandemic

Amgen Inc. beat analyst expectations during the second quarter, despite the effects of the coronavirus on the health care industry.

Arcutis Hires Chief Medical Officer

Arcutis Biotherapeutics on Monday announced the appointment of Dr. Patrick Burnett as its chief medical officer effective Aug. 1.

Amgen Foundation Renews Grant for Biology Education in Pandemic

Thousand Oaks biotech Amgen Inc. on Tuesday announced the renewal of a $3 million grant to Khan Academy.

Medtronic Executive Moves to MannKind

Medtronic executive Alejandro Galindo will join MannKind Corp. as its chief commercial officer effective Aug. 4.

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Nursing Home Operator Pays $16.7 Million to Settle Medicare Fraud Allegations

A Los Angeles skilled nursing home operator will pay $16.7 million to settle allegations with the Department of Justice that it submitted false claims to Medicare for rehabilitation therapy services that were unreasonable or unnecessary.

Amgen Invests Another $421 Million in Beigene

Amgen on Sunday announced an additional investment of $421 million in Chinese biotech Beigene, adjusting its stock ownership to 20.3 percent.

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.