Amy Stulick

Staff Reporter (Health Care, Law)

Email: astulick@sfvbj.com
Phone: 818-316-3121 Extension: 112

Recent Stories

NewHydrogen Launches $5 Million Private Placement

NewHydrogen Inc., formerly BioSolar Inc., on Monday announced a $5 million private placement offering of more than 83 million common shares of its stock.

PennyMac’s Stanford Kurland Dies of COVID

Stanford Kurland, founder and chairman of Westlake Village mortgage brokerage PennyMac Financial Services Inc., has died from complications related to COVID-19, the company announced.

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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.

CSUN Campus to Host Large-Scale Vaccination Site

California State University – Northridge will become a large-scale COVID-19 vaccination site.

Behavioral Hospital

Health Care: Lancaster to host state’s first center for mental health plus rehab.

Lancaster will host the state’s first behavioral health and rehabilitation hospital, created by a joint venture between Antelope Valley Hospital and Kentucky-based Kindred Healthcare.

COVID Patient Influx Strains Hospital Resources

Bed capacity and staffing in the red, mortuaries full.

Hospitals in the Valley are seeing surges linked to holiday gatherings, staff said, threatening to overwhelm plans put in place at the beginning of the pandemic to accommodate a massive influx of patients.

Pandemic Alters Testing Lab’s Business Model

Universal Diagnostic tries direct-to-consumer strategy.

Universal Diagnostic Laboratories in Van Nuys has drastically changed its business model in the wake of COVID-19 testing.

Stars Rising for Fundraising Gala

Valley Economic Alliance holds event virtually for first time.

Valley Economic Alliance held its “Valley of the Stars ... Rising” event for the first time virtually on Jan. 15.

Private Schools Hold Tuition Line But Offer Aid

LIST: Administrators report full enrollment even with remote-only instruction.

So far in the coronavirus pandemic, private high schools in the Valley region have not experienced a drop in enrollment, nor have they had to reduce tuition, staffers told the Business Journal.

BioSolar Changes Name to NewHydrogen

Santa Clarita tech company BioSolar Inc. has officially changed its corporate name to NewHydrogen Inc.

Amgen to Help Develop Autoimmune Drugs

Amgen Inc. and EVOQ Therapeutics on Wednesday announced they have entered into a license and collaboration agreement to develop drugs for autoimmune disorders.

Tent Hospital in Lancaster Will Care for COVID Patients

The City of Lancaster, in partnership with North Carolina nonprofit Samaritan’s Purse and Antelope Valley Hospital, is building a 50-bed field hospital to serve the overwhelming number of COVID-19 patients.

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Valley Hospitals Near Capacity With COVID Patients, Situation ‘Dire’

Surges in COVID-19 cases linked to holiday gatherings are overwhelming Valley hospitals to the point of possibly rationing care and causing a shortage of space to store corpses.

Dignity Health Parent Expands Southwest Division

CommonSpirit Health, which owns Dignity Health hospitals in Northridge and Glendale, has expanded its Southwest Division.

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First Home COVID Test In Valencia

Ellume’s $30 kit secures approval from the FDA.

Digital diagnostics company Ellume Inc., an Australian company with U.S. operations in Valencia, developed the first at-home COVID-19 test approved by the U.S. Food and Drug Administration.

Westlake Bio, Alexandria Team on Lab Buildout

BIOTECH: VC firm to invest in startups that become tenants.

Two real estate deals have put the Conejo Valley’s biotech hub on the fast-track to expansion.

Valley Microloans Add to $3 Million

City program seeks to convert debt to grants for struggling businesses.

In an effort to keep voters informed on which businesses were able to benefit from L.A.’s microloan program, Los Angeles City Controller Ron Galperin’s office launched a microloan tracker website at the beginning of December.

Resonance’s Soothing VR Platform

Audio, video calms patients during MRI procedure.

Resonance Technology in Northridge demoed its virtual reality platform at the Radiological Society of North America’s virtual event last year, a bright point for the small medical device manufacturer.

Buying into Market Dip to Rebalance Portfolios

One of Jason Sands’ clients asked how he could help others financially during tough times.

Wealth manager Jason Sands sought to keep clients on track for their long-term goals during the year of crisis, while also meeting short-term needs.

Lancaster Looks to Form Health Agency

Antelope Valley city wants autonomy in regulation.

The city of Lancaster took a hammer to the Los Angeles County Department of Public Health, first backing a vote of no confidence in its director, Barbara Ferrer, then commissioning a study on how to form a separate public health department.

Crisis Messaging

PROFILE: Mustang Marketing’s Dianne McKay counsels clients to stay on message during pandemic.

Dianne McKay took the helm as sole owner of Mustang Marketing in April, with the retirement of founder Scott Harris.

Local Biotech Makes Deal with Giant

Agoura Hills biotech company A2 Biotherapeutics on Wednesday announced it has entered into a collaboration agreement with pharma giant Merck to further develop its cancer therapies.

AIDS Healthcare Foundation Protests Amgen Pricing for Orphan Drugs

The AIDS Healthcare Foundation in Los Angeles staged a socially distant protest at Amgen headquarters in Thousand Oaks in response to the biotech giant’s refusal to sell orphan drugs to nonprofit entities at a reduced price.

Nurses Strike Called Off

A nursing strike planned for the holidays was narrowly avoided, with Hospital Corporation of America and Service Employees International Union 121 RN coming to a tentative contract agreement.

Valley Hospital Staff Receive COVID Vaccine

Hospitals in the Valley region have started administering the COVID-19 vaccine made by Pfizer Inc.

Behavioral Health Hospital Coming to Lancaster

Antelope Valley Hospital and Kentucky-based Kindred Healthcare have entered into a joint venture to build and operate a new specialty hospital in Lancaster.

Valley Hospitals Grapple With COVID-19 Surge

The number of available intensive care unit beds has plummeted in Los Angeles County, with only 92 ICU beds available countywide.

FDA Approves Ellume’s At-Home COVID-19 Test

The U.S. Food and Drug Administration has approved the first at-home COVID-19 test, developed by a biotech company with ties to the Valley region.

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Nurses Strike Planned in Thousand Oaks, West Hills

Nurses at two hospitals in the Valley region have called a 10-day strike from Dec. 24 to Jan. 3 to protest unfair labor practices.

Westlake Village BioPartners Debuts Funds With $500 Million

Westlake Village BioPartners has announced two new funds totaling $500 million to invest in life science startups and construct lab facilities for them.

BioSolar Launches Green Hydrogen Subsidiary

Battery technology company BioSolar Inc. has launched a wholly owned subsidiary focused on producing green hydrogen at a lower cost.

Disney Reports Subscription Numbers, Shares Soar

At an investor conference Thursday, Walt Disney Co. announced its Disney+ streaming service has amassed 86.8 million paid subscribers.

Hearing System Approved for Valencia Company

Advanced Bionics in Valencia, in collaboration with fellow Sonova Group subsidiary Phonak, on Thursday announced it has received approval from the Food and Drug Administration to market its cochlear implant technology platform.

Amgen Gets Favorable FDA Designation

Amgen Inc. has received a breakthrough therapy designation from the Food and Drug Administration for an investigational drug to treat advanced, metastatic non-small-cell lung cancer.

GeoLinks Wins $235 Million From FCC Fund

Camarillo Internet and phone provider GeoLinks has won a nearly $235 million award from the Federal Communication Commission’s Rural Digital Opportunity Fund.

Atara Biotherapeutics Signs Deal With Bayer Worth Up to $610 Million

Atara Biotherapeutics and German pharmaceutical giant Bayer have entered into a strategic collaboration to develop therapies for solid tumors.

MannKind Buys QrumPharma for $3.5 Million

MannKind Corp. announced it has acquired Pennsylvania-based QrumPharma Inc. for $3.5 million in cash and more than 3 million shares of its common stock.

Amgen, McKesson Sign Partnership for Cancer Care

Amgen Inc. and Texas-based health care supply company McKesson Corp. have announced a multi-year, strategic partnership to help bridge gaps in cancer care.

Hospital Spurs Building Boom

HEALTH CARE: Providers seek proximity to Tarzana campus.

Developers and medical professionals are eyeing space surrounding the Providence Cedars-Sinai Tarzana Medical Center, with the area poised to become a central health care hub for the West Valley.

New Leader Joins Adventist Health Foundation

Plans to expand fundraising streams in Simi Valley.

Seasoned Southern California philanthropy professional Ben Chandler has been tapped to lead the foundation arm at Adventist Health Simi Valley, the health care system announced Nov. 23.

Carbon Health Opens Testing Site in Simi Valley

Clinic starts with COVID based on current demand.

San Francisco-based urgent care chain Carbon Health opened its first clinic in Ventura County just before Thanksgiving — with its initial focus on COVID-19 testing, according to the company.

Heart Shunt Channels $98 Million Investment

V-Wave attempts a new type of medical device therapy for congestive cardiac condition.

Private medical device company V-Wave Ltd., based in Agoura Hills and Israel, managed to make a big impression with investors despite the pandemic that curtailed venture capital funding not related to COVID.

For Drug Modeler, French Connection Pays Off

Quarterly report validates Simulations Plus’ acquisition of Lixoft earlier in the year.

Simulations Plus bought French medical software company Lixoft in April, despite a pandemic that hampered in-person communication.

SBA Loans Debt of Choice During Pandemic

FINANCE: Manufacturing, professional service firms look to buy real estate.

Small businesses have found opportunities during the pandemic, creating a need for capital that SBA lenders have worked to fill.

Preview: Hospital Spurs Building Boom

Providers seek proximity to Tarzana campus.

Lancaster Looks to Form Health Department After No Confidence Vote on County Leadership

Lancaster City Council unanimously backed a vote of no confidence in Barbara Ferrer, Los Angeles County public health director, while also beginning the process of creating its own public health department.

Biotech Space Bought from Amgen

Chicago-based Singerman Real Estate and HATCHspaces in Los Angeles have bought a former Amgen Inc. building in Thousand Oaks as part of its joint venture, the companies said on Tuesday.

Amgen's Otezla in COVID Therapy Trial

Amgen Inc.’s drug Otezla will appear in a COVID-19 clinical trial, as part of testing efforts by the COVID R&D Alliance consortium of companies.

Cal State Channel Islands Partners With Trade Desk

Digital advertising company The Trade Desk is partnering with California State University – Channel Islands to apply its data science platform to the education field

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