Recent and archived news stories on: biotechnology, pharmaceutical companies, health insurance companies, hospitals, medical devices, medical groups

RadNet, Adventist Enter Into Joint Venture

West L.A.-based diagnostic imaging company RadNet Inc. and Adventist Health on Tuesday announced a joint venture to create outpatient imaging centers in Simi Valley.

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ImmunityBio To Begin Phase 1 Trials For Covid Vaccine

Culver City-based ImmunityBio’s Covid-19 vaccine candidate drug has been approved to begin Phase 1 clinical trial testing.

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Charter Health Acquires Two Hospice Companies

Covina-based Charter Health Care Group has acquired two hospice service companies, part of a series of acquisitions this year.

Arrowhead Strikes Major Partnership With Takeda

Pasadena-based Arrowhead Pharmaceuticals Inc. announced a major licensing and drug development deal with a Japanese pharmaceutical company to develop and commercialize a drug to treat a rare form of inherited liver disease.

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KGI Medical School Receives $5 Million Donation

L.A. Care Health Plan is committing $5 million toward the launch of the Keck Graduate Institute School of Medicine in Claremont.

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Health Care Sector Sets the Pace for Job Gains in LA

Entertainment, technology, tourism and real estate have long been regarded as the star sectors of the Los Angeles economy.

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Cedars-Sinai Wins $8.3 Million Grant for Covid-19 Study

Cedars-Sinai Health System has been awarded a five-year, $8.3 million grant by the National Cancer Institute to study the risk of Covid-19 for minority populations

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Demand Soars for Plastic Surgery Amid Pandemic Downtime

Beverly Hills-based plastic surgeon Josef Hadeed began to notice something unusual as the coronavirus pandemic wore on.

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Fulgent Flying High With Covid Tests, S&P Listing

Temple City-based Fulgent Genetics Inc. has continued its rapid expansion of Covid-19 testing, snagging major contracts in September for New York City’s public school system, the state of Utah and Miami-Dade County in Florida.

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Concierge Health Service Sollis to Open in LA

New York-based concierge health service Sollis Health has started offering services in Los Angeles and plans to open a medical office in Beverly Hills later this month.

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Drew University Secures $15 Million in Grants

Charles R. Drew University of Medicine and Science, a private nonprofit school in Willowbrook, received nearly $15 million in grants in September.

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CHA Hollywood Presbyterian Names New CEO

CHA Hollywood Presbyterian Medical Center has named veteran hospital executive Marcel Loh as its new chief executive.

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Molina Boosts New York Presence With $380 Million Deal

Long Beach health insurance giant Molina Healthcare Inc. has agreed to buy Affinity Health Plan for $380 million in cash.

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Organ Donation Agency OneLegacy Rises to New Challenge

By May, OneLegacy’s organ procurements not only recovered to prepandemic levels, but actually exceeded them.

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GoodRx Stock Soars on Opening Day

GoodRx Holdings Inc. reaped a bonanza as it began life as a public company last week.

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