Protect Medical Innovation Act of 2019 Receives Strong Arizona Support

The Protect Medical Innovation Act of 2019 ( HR 2207 and S. 692) would permanently repeal the Medical Device Excise Tax.  The 2.3% levy on U.S. medical device sales went into effect in 2013 but was only in place for two years before Congress put a moratorium in place. When that ended in January 2018, a second moratorium was enacted that’s due to expire at the end of this year. Continue reading

Arizona at BIO 2019

The BIO International Convention has concluded.  Hosted by the Biotechnology Innovation Organization (BIO), this year’s Convention drew 17,307 attendees from 49 states, the District of Columbia, Puerto Rico and 65 countries to Philadelphia and its burgeoning biotech community.Continue reading

Plans for Oro Valley Innovation Lab or OVIL Progresss

A planned Oro Valley biotech incubator has secured additional funding, with Pima County signing on to allocate up to $60,000 for development.

The biotech incubator, Oro Valley Innovation Labs, is intended to add to the growing high-tech industry in Pima County by providing space for nascent businesses to conduct research and product development, with a focus on medical diagnostics.

Read more at Tucson.com: https://tucson.com/business/planned-oro-valley-biotech-incubator-secures-additional-funding/article_556b35e7-6c14-59d2-a0eb-9ef9bc4e0efc.html