L.A.'s hidden industry: medical devices.CALL it the best-kept business secret in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. . After all, what other high-tech industry that spans the county, generates more than a billion dollars in revenue each year and employs tens of thousands of workers is so far under the radar This article is about the magazine. For other uses, see Under the Radar (disambiguation). Under the Radar is an American magazine that bills itself as "The solution to music pollution." It features interviews with accompanying photo-shoots. ? But those indeed are the vital statistics of L.A.'s surprising medical device industry, much of which lies tucked away in non-descript office parks. Medical devices, very basically, are pieces of equipment that hospitals, doctors and patients use. And innovative local companies as well as units of Fortune 500 giants are manufacturing everything from market-leading insulin pumps insulin pump n. A portable device for people with diabetes that injects insulin at programmed intervals in order to regulate blood sugar levels. , to surgically implantable intraocular lenses, to tiny radioactive seeds designed to treat prostate cancer prostate cancer, cancer originating in the prostate gland. Prostate cancer is the leading malignancy in men in the United States and is second only to lung cancer as a cause of cancer death in men. . In fact, a recent report found that the region, including Orange County, has more medical device jobs than another part of the country. And it's not happenstance hap·pen·stance n. A chance circumstance: "Marriage loomed only as an outgrowth of happenstance; you met a person" Bruce Weber. . Many of the companies borrowed technologies from the region's once robust aerospace sector, and then employed its highly skilled engineers as that sector declined. This special report looks at the history, accomplishments and challenges facing the industry. It includes an article that explores how one community--Chatsworth--attracted a cluster of medical device companies. Fourteen prominent firms also are profiled. |
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