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Valencia Hospital Fined for Noncompliance

The California Department of Public fined Health Henry Mayo Newhall Memorial Hospital in Valencia for its failure to implement safe practices in the administration of medication.

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Simulations Plus Upgrades Drug Software

Simulations Plus Inc. on Wednesday announced the release of the latest version of its main software product GastroPlus.

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Is Pandemic an Interruption?

INSURANCE: Virus often excluded from business policies.

Valley businesses suffering revenue disruptions related to the coronavirus pandemic and resulting restrictions from government regulators are looking to their insurance policies to see if a business interruption claim would cover their losses.

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New Scanning System Increases Patient Safety

Panorama City Hospital has started using medication bar code scanning, the first Southern California hospital in the Kaiser Permanente system to do so.

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Momentum Pushes MannKind Up 25 Percent

Riding the momentum of last week’s gains, MannKind Corp. closed up again more than 25 percent Tuesday.

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Radio Ad Auction Firm Expands to United Kingdom

Reverse auction firm Bid4Spots has expanded its marketplace for radio airtime to the United Kingdom, the company announced.

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MannKind Moves Higher on Afrezza Label Update

MannKind Corp. today announced that the U.S. Food & Drug Administration has updated prescribing information for Afrezza, the company’s sole commercial product.

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AROUND THE VALLEYS

News and notes from the greater San Fernando Valley

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Grocery Stores, Pharmacies Adjust to Coronavirus Boom

While most of the Valley region’s retail sector has temporarily shut down amid the coronavirus outbreak, grocery stores are busier than ever as throngs of shoppers stock up in preparation for days or weeks spent at home in self-quarantine.

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Amgen Income Drops in Q1

Lower demand for its anemia drugs contributed to Amgen Inc. reporting a drop in its net income in the first quarter when compared to a year ago.

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Amgen's Arthritis Drug Avsola Gets FDA Approval

Amgen Inc. on Friday announced its biosimilar treatment for rheumatoid arthritis was approved by the Food and Drug Administration.

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We’ve Never Seen Anything Close to This

Charlie Isaacs and Dave Paller have a combined 65 years of serving the financial needs of clients who typically have $1 million or more in investment capital. Isaacs, who lives in Sherman Oaks, began his career in 1986 with EF Hutton and later spent more than 20 years with Smith Barney and another 11 years with UBS Financial Services before partnering with Paller for Raymond James Financial. Paller is a native of Phoenix who worked for 11 years at UBS Financial before joining Raymond James this year. Both men have the title senior vice president of investments.

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Image Entertainment to Open London Office

The Chatsworth company's newest office will open on February 7.

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MannKind Gains Another 20 Percent on New FDA Label

Following a 7 percent increase Monday, shares of MannKind Corp. stayed bullish, closing up more than 20 percent increase on Tuesday.

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Dignity Health, Valley Community Establish Coronavirus Testing Procedures

Valley health care providers are preparing for patients who need the test for the coronavirus.

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Glendale Donors Fund State-of-the Art CT Scanner

Thanks to donors, Glendale Adventist Medical Center was able to purchase a new premier CT scanner that will make for faster diagnosis.

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Princess Ship Quarantined for Coronavirus Outbreak

Princess Cruises has quarantined its Diamond Princess ship in the port of Yokohama, Japan, after Japanese officials found several guests tested positive for Coronavirus.

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Coronavirus Slams Salem Media Quarterly Results

Salem Media Group Inc. badly missed Wall Street expectations on earnings and revenue for the first quarter as the coronavirus impacted its business, but its shares gained more than 9 percent.

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VALLEY INSIDER

Doll Maker’s Threepeat

“It’s a threepeat!” exclaimed MGA Entertainment Inc. Chief Executive Isaac Larian in a statement about the company’s L.O.L.

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Apple Buys DreamWorks’ VR Spinoff

Virtual reality startup Spaces has been acquired by Apple Inc., according to a media report.