The Tucson biotech startup co-founded by UA alumnus Louis Breton in 2006, was acquired in September 2017 by Australia-based CSL Ltd. for $91 million up front and a potential $325 million in performance payments if Calimmune hit milestones including clinical trials for its stem-cell gene therapy to strengthen patients’ own immune systems. https://tucson.com/calimmune-inc/article_d035a0da-bd35-11e9-ae02-f364caa7810c.html
San Francisco-based AngelList Talent has acquired Prospectify, a Tempe tech startup, to bolster its efforts to match startups with talent. Prospectify, which helps sales teams identify and connect with qualified leads, will have its tech and team integrated into AngelList to do the same type of work, but reimagined for job seekers. Prospectify founder and CEO Noah […]
The Arizona Commerce Authority (ACA) today announced the selection of ten awardees in the Spring 2019 Arizona Innovation Challenge (AIC), its business plan competition designed to advance innovation and technology commercialization opportunities in Arizona by helping early-stage ventures scale. All AIC awardees will participate in Venture Ready, the ACA’s rigorous, year-long mentorship program that connects […]
Qwick, a Phoenix-based on-demand staffing platform leveraging technology to enable food and beverage professionals to connect with top-rated hospitality businesses will launch its Dallas branch in late April. Dallas will be the fast-growing company’s fourth city after Phoenix, Tucson and San Diego, launching in its first Texas market and just in time for the city’s […]
Paradigm Diagnostics, a leading precision medicine company focused on comprehensive cancer testing, announced the addition of Mara Aspinall, Managing Director of BlueStone Venture Partners to the Board of Directors as part of the closing of Paradigm’s $15 million Series B fundraising. In addition to participation by the founding investors, Mesa Verde Venture Partners, New Science Ventures, […]
Over its 30-year history, the U.S. Space Shuttle fleet flew 135 times and cost an estimated $209 billion. That works out to about one launch every three months, at a cost of $1.55 billion per launch — a far cry from NASA’s original goal of launching once per week, at a cost of $20 million per launch. But […]
On April 30, 2019, HTG Molecular Diagnostics, Inc. (Nasdaq: HTGM) (HTG), a diagnostic company whose mission is to advance precision medicine, today announced it has amended its IVD Test Developmentand Component Supply Agreement with Illumina, Inc. (Illumina), previously amended in June 2017, to enable the expansion of potential fields for development and commercialization of IVD test kits for use with […]
Vartegahas been awardeda National Science Foundation (NSF) Small Business Innovation Research (SBIR)grantfor$224,998to conduct research and development (R&D) work on carbon fiber reinforced polymer powders for additive manufacturing applications. Vartega is leveraging its carbon fiber recycling technology and material development expertise to advance polymer feedstocks for powder bed fusion additive manufacturing. Vartega is developing a novel […]
The art of developing innovative medical treatments can simply consist of reassigning how a compound is being used. Just ask Dr. Evan Unger, who co-founded NuvOx Pharma, a Tucson-based research and development company. Since 2008, NuvOx Pharma has focused on treating life-threatening diseases involving hypoxia, where oxygen is prevented from traveling to body tissue which […]