West Coast Clinical Trials (WCCT) is a privately owned independent Phase I-IV CRO.... Learn more

The Aliso Viejo-based Valeant and the Canadian specialty pharma company Biovail today announced that both companies' Boards of Directors have unanimously approved a definitive merger agreement under which the companies would combine to generate enhanced value for stockholders. The combined company will be called Valeant Pharmaceuticals International, Inc. ("the new Valeant")... Read more

Congress is set to restore Medicare reimbursement rates for physicians this week, meaning a de facto 2.2 percent pay raise, after a 21 percent cut went into effect today. The rollback would only last six months, however, meaning further rate cuts could be in store down the road.... Read more

The Internal Revenue Service announced last Friday that small firms may now begin applying for certification for tax credits or grants available under the Qualifying Therapeutic Discovery Project Program, created by the Affordable Care Act. These credits or grants are available for projects that show significant potential to produce new cost-saving therapies, create U.S. jobs, and increase U.S. competitiveness... Read more

Abbott Vascular, Temecula's largest private employer and a division of Abbott Laboratories, has laid off 101 workers in its Temecula and Murrieta operations and 19 in Santa Clara, according to a notice filed by the company. The company manufactures stents in Temecula that are used to treat coronary heart disease and keep clogged blood vessels open... Learn more

The Cedars Sinai spinoff, Spectral Molecular Imaging (now owned by Cascade Technologies), introduces the company's proprietary technology and its plans to develop a line of next-generation medical diagnostic devices in the field of cancer and for other medical needs... Read more

Nowadays genetic tests are flooding the market and many companies are trying to secure a piece of the pie including DermaGenoma (Irvine, CA). Claiming to bring the genetic revolution to dermatology, they have released a genetic test that predicts the risk of getting moderate to severe cellulite (or more specifically Nurnberger-Muller grade 2 or greater cellulite) for women... Read more

The Santa Ana-based MP Biomedicals announced that it has signed a definitive agreement to acquire the assets of ICPbio International LTD., an Auckland, New Zealand based protein biologics manufacturing company. This acquisition places MP Biomedicals in a strong position to pursue sales and distribution of serum protein products used in research and manufacturing in the Biopharmaceutical, In vitro diagnostic and Biotech sectors... Read more

Prolacta Bioscience, the first and only company to offer human milk fortifier (HMF) made from 100% human breast milk for premature and critically ill infants, has announced that they will donate funds to Susan G. Komen for the Cure in support of the fight against breast cancer... Read more

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