Los Angeles Business Journal

LA HEALTHCARE

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

Inhalable Insulin Has Investors Breathing Heavy

HEALTH CARE: Expected FDA approval pumps up shares of MannKind.Investors breathless over outlook for approval of MannKind’s inhalable insulin. 5

By Tom Dotan May 20, 2013 midnight   $$ Share

Bill Curbing Prop. 65 Lawsuit Threats Clears Assembly

The Assembly on Friday passed a bill aimed at blocking shakedown letters to businesses alleging violations of the state’s toxic chemical notification law.

Herbalife Hires New Auditor

Herbalife Ltd. on Tuesday said it hired PricewaterhouseCoopers LP as its new auditor, more than a month after KPMG LLP resigned when an L.A. partner was charged with insider trading.

Senior Service to Get Health Care Moving

OP-ED

David Allerby sees smaller, nimbler companies having a big impact on treatment of elderly.

Kite Pharma Gains New Backer

Kite Pharma Inc., a cancer drug developer, has raised $20 million in a private placement of preferred stock that included its existing backers and a new investor.

Alexandria Real Estate Plans Stock Sale

Alexandria Real Estate Equities Inc. late Monday said that it plans to pay down debt by selling 6 million new common shares in a public offering.

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Businesses Seek ‘Shakedown’ Relief

Special Report: Toxic Prop

A legislator and Gov. Jerry Brown both try to put an end to Proposition 65 actions that some business owners call shakedowns.

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Lawyers Reap Prop. 65’s Rewards

Special Report: Toxic Prop

Proposition 65 attorneys take lion’s share of payouts in some settlements.

Expenses Widen MannKind's Quarterly Loss

MannKind Corp. on Thursday reported a higher loss for the first quarter, attributing it to higher operating and R&D costs as the company conducts another round of clinical trials for its primary pipeline drug.

Arrowhead Research Gets Private Equity Infusion

Arrowhead Research Corp. on Monday said that it raised $36 million in a private offering.

Staar Surgical Jumps on Revenue Improvement

Shares of Staar Surgical Co. jumped nearly 29 percent on Thursday after the ophthalmology products company reported a better-than-expected first quarter

Herbalife Posts Better-Than-Expected Profit

Herbalife Ltd. late Monday reported adjusted first quarter earnings significantly better than Wall Street expected, raising its full-year profit forecast.

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Medal Event Shows Mettle

SPORTS: Special Olympics to be biggest event in 31 years.

The Special Olympics is coming to Los Angeles in 2015. And believe it or not, it will be the biggest sporting event here since 1984.

Too Many Dumbbells?

COMMENT

Charles Crumpley is pretty exercised about the city of Santa Monica’s proposal to make outdoor fitness classes pay big fees to the city.

Amgen Reports Lower-Than-Expected Sales

Shares of Amgen Inc. fell 6 percent in after-hours trading Tuesday after the biotech giant reported first-quarter sales that fell short of Wall Street expectations.