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

FDA Rejects Amgen’s Parsabiv

Amgen Inc.’s application seeking approval for its drug Parsabiv has been rejected by the U.S. Food and Drug Administration, the company announced Thursday.

Preview: Rehab Recovers After Tragedy

Robert Pfeifer, founder of drug and alcohol rehabilitation center Sober College, unexpectedly died of a heart attack, leaving his wife and co-founder Mindi Levins Pfeifer to decide the fate of their business.

Simi Hospital Dials Up Help Line

Simi Valley Hospital has rolled out a toll-free phone number for the public to use for physician referrals and finding out about hospital services.

Medtronic Introduces New Insulin Pump

Medical device maker Medtronic on Thursday announced the U.S. commercial launch of its latest device, the MiniMed 630G Insulin Pump System.

Kaiser, AV Hospital Extend Care Contract

Antelope Valley Hospital and Kaiser Permanente Inc. on Wednesday announced a three-year contract for Kaiser physicians to continue to administer care to its members at the Lancaster hospital.

Hilton Foundation Awards $2 Million Prize

The Conrad N. Hilton Foundation in Agoura Hills has given the world’s largest humanitarian award to an Atlanta nonprofit.

MannKind Barely Misses Estimates

MannKind Corp. (MNKD) announced its second quarter financial results on Monday, reporting an adjusted net loss of $30 million (-7 cents a share) for the second quarter ended June 30, compared with an adjusted net loss of $28.9 million (-7 cents) for the same quarter a year ago.

Humira Lawsuit Targets Amgen Biosimilar

Drugmaker AbbVie Inc. filed a lawsuit Thursday against Thousand Oaks biotech Amgen Inc. claiming patent infringement of its top-selling drug Humira, which brought in $14 billion in revenue in 2015.

ApolloMed Wins Montebello Hospital Contract

Health management company Apollo Medical Holdings Inc. announced Monday that its affiliate medical group ApolloMed Hospitalists has been contracted to provide its services to Beverly Hospital in Montebello.

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.