Yuika Yoshida

1 week ago | ocbj.com | Yuika Yoshida

Carrie Strom, the top official at AbbVie’s Allergan Aesthetics, recently announced her departure from the AbbVie-owned company. Since 2020, Strom has led the Irvine-based aesthetics unit of AbbVie, which acquired Allergan for $63 billion. Allergan Aesthetics’ portfolio includes leading aesthetic products such as Botox Cosmetic and Juvederm fillers. The announcement comes 14 years after Strom first joined Allergan in 2011. Strom’s replacement hasn’t yet been named.

1 week ago | ocbj.com | Yuika Yoshida

Edwards Lifesciences Corp. today announced that it received CE Mark approval, the European equivalent of the Food and Drug Administration, for its Sapien M3 mitral replacement system. The device replaces the mitral valve in patients with severe mitral regurgitation (MR). It’s said to be the world’s first approved transcatheter valve replacement therapy using a transfemoral approach to treat MR, according to the company.

1 week ago | ocbj.com | Yuika Yoshida

Local construction companies are seeing more projects from K-12 schools. One of the more notable ones is Irvine High School (IHS), which spent $35 million on a new performing arts center. IHS, serving nearly 2,000 students, opened the facility on Feb. 7 after breaking ground in January of 2023. The school is located near Culver Avenue and the Santa Ana (5) Freeway. The new 25,000-square-foot center features a 650-seat main theater, a black box theater, scene shop, dressing rooms and a modern lobby.

1 week ago | ocbj.com | Yuika Yoshida

Bright Uro Inc. this month received Food and Drug Administration approval for its first product, the Glean Urodynamics System. It’s the biggest milestone to date for the Irvine medical device maker that for three years has worked on the three components making up the diagnostic system designed to improve bladder testing.

2 weeks ago | ocbj.com | Yuika Yoshida

SmartStop Self Storage REIT Inc. today announced the closing of on an $810 million public offering. The Ladera Ranch real estate investment trust, with storage facilities in the U.S. and Canada, offered 31 million shares of its common stock at $30 per share. The underwriters also exercised their option to purchase an additional four million shares at the public offering price.