OncoMyx Closes $50 Million Series B to Advance a Novel Immuno-Oncology Platform that Delivers Multiple Cancer-Killing Payloads

  • Platform combines the innate immuno-stimulatory effect of the myxoma virus with anti-tumor immune stimulation that uniquely target multiple aspects of cancer immunity to treat solid tumors and hematological cancers
  • OncoMyx is developing a next generation oncolytic virus platform including the capacity for multi-arming with a nonpathogenic virus which allows for intravenous (IV) and repeat dosing
  • Proceeds of the financing will support the advancement of the company’s lead program into clinical trials with IV dosing and development of the pipeline to target critical anti-tumor immune mechanisms

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Investments drive the growth of Arizona’s innovation sector

As Arizona continues to recover from the economic challenges caused by the pandemic, investment in our innovation sector is an essential component of our state’s current and future growth strategies. Announcements of major new investments in Arizona by global leaders including BD, Exact Sciences, Intel, and TSMC are big news today. Yet, our greatest potential for future growth comes from the young companies that are emerging in our tech and medtech sectors.Continue reading

NeoLight Acquires Phoenix Technology Group

Scottsdale, AZ, Nov 17, 2021—NeoLight LLC (NeoLight), an ASU spinout and an Arizona based newborn medical device company, today announced it has acquired Phoenix Technology Group LLC (PTG), a leading provider of advanced ophthalmic imaging devices, including a telemedicine platform for retinopathy of prematurity (ROP) screening, a leading cause of blindness in premature infants. The acquisition will expand the NeoLight product portfolio to include the ocular imaging devices Phoenix ICON™, Phoenix ICON™ GO, and the telemedicine platform Phoenix CONNECT™ (previously known as FocusROP). These products provide advanced ocular imaging through lens and light innovation, providing stunning ocular images that give clinicians the needed speed, confidence, and connectivity for patient exams.Continue reading

UArizona Researchers Develop Ultra-Thin ‘Computer on the Bone’

osseosurface electronic device applied to a synthetic bone Osseosurface electronic devices, which attach directly to the bone, could one day help physicians monitor bone health. It's show here applied to a synthetic bone in the Gutruf Lab at the University of Arizona. Image Courtesy of Gutruf Lab

osseosurface electronic device applied to a synthetic bone Osseosurface electronic devices, which attach directly to the bone, could one day help physicians monitor bone health. It’s show here applied to a synthetic bone in the Gutruf Lab at the University of Arizona. Image Courtesy of Gutruf Lab

Engineers and physicians teamed up to develop a wireless device to monitor and protect bone health.Continue reading