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Clinical Trials Send Abraxis Shares Up

Abraxis BioScience on Wednesday announced successful results of a Phase 3 trial for its cancer drug Abraxane. News of the results sent Abraxis shares higher by 30 percent.

Британскому мальчику проведена революционная операция

В настоящее время при пересадке донорского органа пациент вынужден постоянно принимать лекарственные препараты, подавляющие его иммунную систему.

RadNet Shares Jump on Positive Earnings

Medical clinic chain RadNet Inc. on Monday reported positive net income for the fourth quarter of 2009, sending its share up 9 percent in midday trading.

MannKind Drug Fails to Win FDA Approval

Afrezza, the inhaled insulin made by MannKind Corp. in Valencia, failed to win approval from federal regulators on Monday, sending MannKind shares down as much as 37 percent.

Pasadena Drug Developer Sees No Reason to Go On

Its a rare management team thats willing to admit its time to throw in the towel before all investors money is lost.

Vet Looks to Collar Consumer Web Site

A local veterinarian claims consumer Web site Yelp offered to stifle poor reviews for a price.

Remarkable Rise

Biotech entrepreneur Patrick Soon-Shiong accepted the Los Angeles Business Journals annual Business Person of the Year award on March 9.

Genius That Worked for L.A.

Dr. Patrick Soon-Shiongs passion for medical research earned him billions and, now the Business Journals Business Person of the Year award.

Medical Sector Focus Delivers Healthy Returns

With the future of health care reform more than a little hazy, opening an investment banking office with a significant focus on health care services may seem risky.

California Regulator Finds Anthem Violations

Insurance Commissioner Steve Poizner said his office has found more than 700 violations by Anthem Blue Cross, including late payment of claims, giving misleading information to consumers and failing to cooperate with regulators.

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