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

MannKind Convertible Notes to Raise $150 Million as Shares Fall 30 Percent

MannKind Corp. on Monday announced it intends to offer a private placement of convertible senior notes worth $150 million.

Preview: A Second Sight Buyout Strategy

Companies combine technology for visual prosthetics.

Afrezza Quarterly Sales Increase, New Therapies on Horizon at MannKind

MannKind Corp. touted increased sales for its flagship drug Afrezza during its fourth quarter earnings report, while pointing out its new direction toward therapies for lung and endocrine diseases.

Attorney, BioScience Alliance Founder Brent Reinke Switches Firms

Brent Reinke, partner at Musick Peeler Law Firm in Westlake Village, will join Stradling Yocca Carlson and Rauth as a corporate shareholder.

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Health Net Study Looks at COVID in Communities of Color

Health Net, the medical insurer in Woodland Hills, has partnered with L.A.-based nonprofit Wesley Health Centers to conduct a study assessing the impact of the COVID-19 pandemic on racial minorities.

Lancaster Field Hospital Closes as COVID-19 Cases Decline

An emergency field hospital erected in the parking lot of Antelope Valley Hospital officially closed.

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Arcutis Biotherapeutics Reports Operational Progress, Financial Loss in Fourth Quarter

Arcutis Biotherapeutics reported robust business progress in conjunction with its fourth-quarter earnings report.

State Investigates Whistleblower Complaints at Valencia COVID Lab

The state government is actively investigating poor management allegations at a PerkinsElmer COVID-19 testing laboratory in Valencia.

Preview: Hospitals in Distress

The struggle against COVID-19 has turned into a grim battle against exhaustion in the health care industry.

Epilepsy Care Platform Company Launches in Sherman Oaks

Digital health company Nile AI has launched in Sherman Oaks, backed by a $25 million investment by Belgian pharmaceutical company UCB.

Amgen to Sponsor BioLabs LA Program for Startups

Amgen Inc. on Wednesday announced it will sponsor BioLabs LA at the Lundquist Institute, a biotech co-working space in Torrance, via a three-year Golden Ticket program.

Amgen Beats Expectations for Fourth Quarter

Amgen Inc. beat Wall Street estimates in the fourth quarter, as sales from newer drugs such as migraine medication Aimovig offset lower revenue from older, off-patent medications.

Carbon Health Opens NoHo Clinic

Carbon Health opened its latest Valley location in the NoHo West shopping center in North Hollywood, the company announced on Monday.

Calabasas Biotech to Test COVID Nose Ointment

Calabasas biotech Turn Therapeutics has announced it received authorization to start its first human safety and efficacy trial for a COVID-19 therapy.

Sherman Oaks Biotech Licenses Treatment for Development in China

Sherman Oaks biopharmaceutical company T-Cure Bioscience has entered into a license agreement with Chinese biotech Immunotech Biopharm Ltd. to develop a T cell therapy for renal cancer.