Two new biomedical amenities within the western San Fernando Valley held their official openings in latest weeks. First, on April 29, the Westwood-based Terasaki Institute for Biomedical Innovation formally opened a 50,000-square-feet, $30 million biomedical analysis facility in Woodland Hills. On Could 8, Israeli biotech firm ImmPACT Bio, which is growing chimeric antigen receptor T-cell … [Read more…]
A brand new title has joined the ranks of publicly traded well being care firms within the San Fernando Valley and environs: Agoura Hills-based immunology firm Acelyrin Inc., which started buying and selling Could 5 on the Nasdaq underneath ticker image SLRN after netting $540 million by means of its preliminary public providing. Acelyrin was … [Read more…]
Thousand Oaks-based pharma big Amgen Inc. faces a brand new and considerably surprising hurdle in its $27.8 billion deal to purchase Irish drug firm Horizon Therapeutics plc.: final week the Federal Commerce Fee filed swimsuit to dam the deal. The FTC introduced on Could 16 that it had filed the lawsuit due to considerations the … [Read more…]
This was purported to be the yr that hospitals within the San Fernando Valley and all through Los Angeles County have been going to start steadying their funds after years of tumult and sudden prices and strains introduced on by the Covid-19 pandemic. But it surely hasn’t turned out that manner. Certainly, many hospitals are … [Read more…]
Woodland Hills-based Acelyrn Inc., which is creating immunology medicine, raised no less than $540 million in an preliminary public providing on the Nasdaq market on Could 5 Buying and selling below the image SLRN, Acelyrin provided 30 million shares at $18 per share. On the shut of buying and selling on Could 5, the share … [Read more…]
Pharmavite, a West Hills vitamin and complement firm, has acquired Bonafide Well being, a ladies’s well being merchandise firm primarily based in Harrison, New York, for $425 million. Pharmavite, based in 1971, is finest identified for its NatureMade model of nutritional vitamins, together with its MegaFoods diet product line. It’s a subisidary of Tokyo-based pharmaceutical … [Read more…]
Westlake Village-based immunodermatology firm Arcutis Biotherapeutics Inc. has acquired approval from the Meals and Drug Administration for a topical foam model of its primary drug to deal with seborrheic dermatitis in people aged 9 and older. The approval, introduced final month, marks the primary new methodology of utility for a drug to deal with seborrheic … [Read more…]