Arizona Bioscience News: Banner year for VC; Ovarian cancer detection device; COVID-19 in Arizona

January 20, 2022

By brianpowell

The results are in: 2021 was Arizona’s best year yet for venture capital investment / Phoenix Business Journal (AZ Inno)

Forty-five Arizona companies pulled in a combined $887 million in venture capital in the fourth quarter of 2021, which was the biggest quarterly haul in the past year, while the state saw 161 deals worth nearly $2 billion for the year.

This itty bitty device could find ovarian cancer earlier / MDDI

A device small enough to image the fallopian tubes, developed by a University of Arizona researcher, is now being used in a clinical trial to search for signs of early-stage ovarian cancer.

No time to party: With omicron surging in Arizona, officials stress masks, tests, COVID vaccines / Cronkite News

Arizona is not quite at the peak of the COVID-19 omicron surge and hospitalizations now are at an all-time high compared to the past six months, while in other parts of the country omicron cases have appeared to peak. Read more: 1 in 4 Arizonans will likely be infected by omicron in January

A strained Arizona health system means not all patients get timely care / Arizona Republic

The highly contagious omicron variant of the virus that causes COVID-19 is only exacerbating what was already a difficult situation for health care in Arizona, including the closure of urgent cares and waiting for days in the emergency department for a hospital bed.

WebPT acquires competitor Clinicient, cementing Valley startup’s role as market leader / Phoenix Business Journal

WebPT’s acquisition of Clinicient cements its role as a dominant provider in the U.S. physical therapy software market, with the combined company expected to service 27,000 clinics and 43 million patients, or more than half of the market.

Phoenix’s Creative Medical Technology uplists to Nasdaq in hopes of making more stem cell treatments / Phoenix Business Journal

Creative Medical Technology Holdings, a Phoenix company that works on commercial stage biotech, recently uplisted from the OTC Markets to the Nasdaq and conducted a public offering that was expected to generate $16 million.

As virus cases set records, hospitals let staff with COVID work / Arizona Daily Star

The highly contagious omicron variant is infecting so many people that hospitals in Pima County and throughout Arizona are allowing some health-care workers who have COVID-19 to work. Read more: Banner Health employees with asymptomatic, mild symptoms can return to work

My View: Arizona now in a moment of opportunity for developing workforce / Phoenix Business Journal (Op-ed)

Steve Zylstra, president and CEO of the Arizona Technology Council, is encouraged that the technology community can play a big part in empowering the state’s workforce with the skills of the future.

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