A new statewide initiative funded by the Arizona Board of Regents will help Arizona State University, the University of Arizona and Northern Arizona University move their research from the laboratory to the marketplace faster, a process called “technology transfer.” A $1.5 million grant from the Arizona Board of Regents will fund the project, called “A Roadmap to Fulfilling the Economic Potential of Technology Transfer in the Life Sciences and Biomedicine in Arizona.” Continue reading
Author Archive: AZBio
Mayo Clinic announces transformative $1.9B investment in Arizona
Bold. Forward. Unbound. in Arizona will reimagine the healthcare experience for patients and staff and expand clinical space on the Phoenix campus by nearly 60%Continue reading
The Diane & Bruce Halle Foundation supports expansion of primary care residencies in Arizona
The Diane & Bruce Halle Foundation recently made a vital investment in Banner Health’s Graduate Medical Education program operated in partnership with the University of Arizona College of Medicine – Phoenix. This funding will increase the number of primary care residency positions available throughout Arizona, particularly in rural settings where the current and projected need for more primary care physicians is significant.Continue reading
Brooks Rehabilitation Breaks Ground on New Physical Rehabilitation Hospital in Arizona
PHOENIX, Feb. 27, 2025 /PRNewswire/ — Brooks Rehabilitation, nationally acclaimed for its expertise in treating life-altering injuries, held a groundbreaking ceremony for its new 80,000-square-foot rehabilitation hospital on Mayo Clinic’s Phoenix campus.Continue reading
Dan Theodorescu, MD, PhD, to lead U of A Cancer Center
The University of Arizona Health Sciences has appointed Dan Theodorescu, MD, PhD, as the director of the U of A Cancer Center, a National Cancer Institute-Designated Comprehensive Cancer Center. Theodorescu will begin his duties as the Nancy C. and Craig M. Berge Endowed Chair for the Director of the Cancer Center on March 1.
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PathogenDx Launches Its Rebranded D3 Array™ Combined, Bacterial and Fungal Assays—Delivering Value in Turn-Around Time, Cost and Throughput to Testing Labs
PathogenDx, a leader in next-generation microarray technology for better health and safety, announced the launch of its new rebranded D3 Array™ Combined, Bacterial and Fungal assays to replace Detectx–Combined,Detectx-Bacterial and Detectx-Fungal tests.Continue reading
Important Update on FinCEN Beneficial Ownership Information Reporting Requirements
“With the February 18, 2025, decision by the U.S. District Court for the Eastern District of Texas in Smith, et al. v. U.S. Department of the Treasury, et al., 6:24-cv-00336 (E.D. Tex.), beneficial ownership information (BOI) reporting requirements under the Corporate
Transparency Act (CTA) are once again back in effect.”
According to FIN-2025-CTA1 (2/18/2025), for the vast majority of reporting companies, the new deadline to file an initial, updated, and/or corrected BOI report is now March 21, 2025. FinCEN will provide an update before then of any further modification of this deadline, recognizing that reporting companies may need additional time to comply with their BOI reporting obligations once this update is provided.
Companies that have not yet completed the FinCEN BOI process can access the full alert below. Contact your legal advisers for further information.
https://www.fincen.gov/sites/default/files/shared/FinCEN-BOI-Notice-Deadline-Extension-508FINAL.pdf
HonorHealth Innovations (H2I) is joining Investor Corner PBC
PHOENIX, AZ – February 20, 2025 – Phoenix Bioscience Core (PBC) is pleased to announce that HonorHealth Innovations (H2I) is joining Investor Corner PBC, further strengthening the region’s ecosystem for healthcare innovation and investment. Investor Corner PBC is purposely situated within Connect Labs by Wexford, a flexible, scale-in-place lab and innovation hub located at Wexford Science & Technology’s 850 PBC facility and a cornerstone of Greater Phoenix’s thriving startup ecosystem.Continue reading
A Bill at the Arizona Legislature Would Give Arizona Another Tool to Drive Growth in our Life Science Sector
Senate Bill 1539 expands the clean room transaction privilege tax (TPT) deduction and use tax exemption to include any clean room used for manufacturing, processing, fabrication or research and development, rather than only clean rooms used for manufacturing, processing, fabrication or research and development of semiconductor products. The bill received a “do pass” recommendation in the Senate Finance Committee on February 17, 2025.Continue reading