A Phoenix-based philanthropic organization is entering the venture capital world to advance its mission of supporting bioscience and health care-focused startups. The Flinn Foundation has joined Scottsdale-based Xcellerant Ventures as a limited partner in its Xcellerant Venture Capital Fund I, the organization announced.
Anuncia Medical Inc. (“Anuncia” or the “Company”), a company specializing in advancing innovations for implantable and external cerebrospinal fluid (CSF) management systems and neurocritical care, is pleased to announce that an article highlighting its FDA cleared and CE Marked ReFlow™ Ventricular System “Gen 1” with Hydrocephalus shunts in patients suffering from chronic shunt occlusions, has been published in Pediatric Neurosurgery.
A trio of premier Southwest biomedical research centers — HonorHealth Research Institute, City of Hope and the Translational Genomics Research Institute (TGen), part of City of Hope — have developed a more precise method that may help determine when it is best to surgically remove of pancreatic cancer tumors.
Tempe-based GT Medical Technologies Inc. raised $45 million to expand its technology to treat patients with operable brain tumors. The funding will be used to expand the company’s commercialization of its GammaTile Therapy, a targeted radiation therapy the U.S. Food and Drug Administration cleared in July 2018 for patients with operable brain tumors.
After losing a state land auction to HonorHealth last November, the state’s largest health system plans to build a $400 million hospital campus down the street. Phoenix-based Banner Health plans to purchase 48 acres of land on the southwest corner of Hayden Road and Loop 101 in north Scottsdale — near a separate 48-acre parcel of state land where it had planned to build at the northeast corner of Hayden and Loop 101.
University of Arizona startup Metfora, LLC has announced that it is the recipient of a Small Business Innovation Research (SBIR) Phase l Award from the National Science Foundation to pursue the detection of chronic diseases via multiplex analysis of circulating metabolites. The company will receive a one-year grant of $255,706 to expand a pioneering diagnostic technology originally developed at the UArizona College of Medicine – Tucson.
Scottsdale-based Encora software product engineering company announced on Thursday it acquired Excellarate, a global technology services company headquartered in Wayne, Pennsylvania.
Eurofins CellTx which provides comprehensive laboratory services to meet the unique testing and processing needs of the transplant community, has officially began operating in the new laboratory located at the University of Arizona (UA) Tech Park. Eurofins CellTx is a member of the Eurofins Transplant Diagnostics family of laboratories and part Eurofins Scientific, a leading international group of laboratories providing an unparalleled range of testing and support services to the pharmaceutical, food, environmental and consumer products industries and to governments. Eurofins Scientific is a worldwide leader in its field with 55,000 employees across 900 sites in 50 countries.
Blue Cross Blue Shield of Arizona announced that it will be supporting the contract awarded to TriWest Healthcare Alliance to administer the U.S. Department of Defense’s (DoD) next generation TRICARE program, known as “T-5,” for its 26-state West Region territory. TRICARE is the uniformed services health care program for active duty service members (ADSMs), active duty family members (ADFMs), National Guard and Reserve members and their family members, retirees and retiree family members, survivors, and certain former spouses.
Growing Arizona technology companies can now get big business health benefits thanks to the partnership between Blue Cross® Blue Shield® of Arizona (BCBSAZ) and the Arizona Technology Council (AZTC). This partnership provides exclusive insurance plans available only to AZTC members. The AZTC association health plan (AHP) is for startups, smaller businesses and growing companies who want to focus on what they do best – expanding their mission.