LA HEALTHCARE
Recent and archived news stories on: Biotechnology, Doctors, Drugs, Health Insurance, HMO's/PPO's, Hospitals, Medical Devices, Nursing...
Minnesota Insurer Bonds With L.A. Non-Profits
HEALTH CARE & BIOTECH: Trio shares $23 million in funds from UnitedHealthcare.UnitedHealthcare recently invested about $23 million in three Los Angeles County health centers to help expand and enhance patient care and services. February 20, 2012 midnight $$ ShareCeres Stock Rises on First Day of Trading
After nearly a two-week delay from their expected launch, shares of agricultural biotech Ceres Inc. began trading on Wednesday following an initial public offering that raised about $65 million.
Herbalife Finishes Strong in Fourth Quarter
Herbalife Ltd. shares gained 7 percent on Wednesday after the nutritional supplement company reported better-than-expected fourth quarter results, driven by double-digit sales volume growth around the world.
Molina Healthcare Loses Missouri Contract
Molina Healthcare Inc. shares fell Tuesday after the Medicaid managed care provider said it had lost a key contract in Missouri, and thus was lowering its full-year earnings guidance.
Amgen to Collaborate with Danish Diagnostics Firm
Dako, a cancer diagnostic supplier based in Denmark, has entered into a collaboration agreement with Amgen Inc. to develop a test for an experimental Amgen cancer drug.
Investor Fleshes Out Issues With Skin Care Business
Voce seeks board makeover at Obagi, calls for company’s sale.
Board makeup has skin care product maker facing shareholder discontent.
Cardiologist Puts Heart Into Shirts
Placement at luxury retailers nurses sales of doctor’s dressy line.
Cardiologist Dr. Roderick Tung has checked into high fashion with a line of upscale sport shirts.
Taking Exercise for A Ride
Infomercial producer steps up marketing for elliptical machine.
Infomercial maker takes elliptical riding machine StreetStrider out for a promotional spin.
On Assignment’s Quarter Beats Forecasts
On Assignment Inc. shares rose 15 percent on Tuesday after the specialty staffing company reported better-than-expected fourth quarter results and provided guidance above analysts’ expectations.
Private Placement a Shot in Arm for Biotech Firm
Private equity infusion lifts shares of Response Genetics.
Response Genetics’ private-equity placement has spurred positive feedback from shareholders.
Surrogacy Coverage Fathers Heated Competition
Brokerages have due date in court over allegedly stolen products.
Coverage for surrogate pregnancies has given birth to a heated rivalry and legal battle between two local firms.
Patricia Disney, Ex-Wife of Roy Disney, Dies
Patricia Ann Disney, a San Fernando Valley philanthropist and former wife of the late Roy Disney, died Friday at her Toluca Lake home. She was 77.
Health Net Profit Drops on Lower Government Revenue
Health Net Inc. said its fourth quarter net income fell 25 percent, in part due to terms of its new contract with the U.S. military's TriCare health program. Adjusted results were above Wall Street expectations.
Response Genetics Makes Private Placement
Shares of Response Genetics jumped by a third on Thursday after announcing it had raised $7.8 million in a private placement.
MannKind Plans Dilutive Stock Offerings
MannKind Corp. shares dropped nearly 15 percent on Tuesday after the cash-strapped biotech said it plans to sell $50 million worth of stock and warrants in a public offering, part of a fund-raising effort for ongoing clinical trials of its experimental inhaled insulin product.
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