A tax credit approved by the Arizona Legislature to incentivize investment in early-stage bioscience and technology companies has proven to be a popular tool among local funders. The impact of the Angel Investor Tax Credit program has been millions of dollars invested in Arizona startup companies, resulting in business and job growth and more than […]
*DA portfolio company Qwick is a winner of the Fall 2018 AIC grants* The Arizona Commerce Authority has chosen 10 local startups, including seven software companies, as winners in its Fall 2018 round of the revamped Arizona Innovation Challenge. The business plan competition for promising early-stage companies in high-growth industries awards $1.5 million twice a […]
Sonora Quest Laboratories, Arizona’s leading provider of diagnostic testing and information services, and Beacon Biomedical Inc., a Phoenix-based diagnostic laboratory focused on commercializing early detection cancer tests, have jointly announced the availability of Beacon’s new colorectal cancer screening blood test called BeScreened™-CRC. Under an exclusive partnership the test is now available directly to consumers without […]
Cancer Prevention Pharmaceuticals, Inc. (CPP), a private biotech company developing novel therapeutics to prevent cancer and other diseases, announced today the last patient has completed the study protocol in its pivotal Phase 3 trial of CPP-1X/sul for adults with familial adenomatous polyposis (FAP), a rare genetic disease that, if left untreated, progresses to colorectal cancer […]
An on-demand staffing firm for food and beverage contract employees has closed on a $1.3 million funding after going through Phoenix tech startup accelerator Coplex. Phoenix-based startup Qwick Inc. will use the seed round of capital to more than double its nine-person staff in the next six months and expand into new markets, said Qwick […]
Metastatic prostate cancer will kill 27,000 Americans in 2018. Reglagene’s Quadruplex Master Switch Technology enables the development of a new medicine that kills prostate cancer tumor cells. The National Cancer Institute notified Reglagene of a $300,000 STTR small business award on September 19. This award will provide Reglagene with the resources to ramp up its […]
A venture-capital fund focused on University of Arizona spinoffs has announced its fourth investment since its founding last year, backing a Phoenix-based startup with an online platform to help hotels and restaurants quickly find temporary workers. UA Venture Capital Fund LLC participated in funding a seed round of growth capital for Qwick Inc., which was […]
A small rocket from a little-known company lifted off Sunday from the east coast of New Zealand, carrying a clutch of tiny satellites. That modest event — the first commercial launch by a U.S.-New Zealand company known as Rocket Lab — could mark the beginning of a new era in the space business, where countless […]
HTG Molecular Diagnostics, Inc. (Nasdaq: HTGM) (HTG), a provider of instruments, reagents, and services for molecular profiling applications, today announced the appointment of Maureen T. Cronin, Ph.D., as the Company’s Chief Scientific Officer and Senior Vice President as of November 16, 2018. Dr. Cronin is a veteran biotechnology, translational science and diagnostic executive. “HTG is incredibly […]
The artificial intelligence powered cybersecurity startup CYR3CON has completed a $1.5M seed round financing led by New York-based Scout Ventures. Many cyber attacks such as NotPetya spread through larger enterprises in seconds – leaving security teams scrambling. To address this need, CYR3CON combines artificial intelligence and information from malicious hacking communities to predict cyberattacks. For […]