Arizona Bioscience News: C-Path CEO named; New Valleywise Health hospital; Venture funding

January 12, 2024

By Jessica Vaile

Dr. Klaus Romero assumes role as CEO of Critical Path Institute / BNN

Dr. Klaus Romero, a clinician scientist, has been named the new CEO of the Tucson-based Critical Path Institute, or C-Path, a prominent global leader in drug development.

Scottsdale startup raises millions to advance virtual motion technologies / Phoenix Business Journal (AZ Inno)

VMocion, a Scottsdale-based startup, is advancing its virtual motion technologies to eliminate motion sickness through a new round of capital, raising $1.25 million of a $3 million seed round, led by AZ Crown Investments and the Mayo Clinic.

What to know about the new $463 million Valleywise Health hospital on Roosevelt Street in Phoenix / Arizona Republic

Maricopa County’s public health system in April is set to open a new 10-story, 673,000-square-foot hospital at Roosevelt and 24th streets in Phoenix, replacing a 53-year-old facility that’s getting torn down.

Arizona venture funding continued slowdown in fourth quarter / Phoenix Business Journal (AZ Inno)

A slowdown in venture capital deals, fundraising and startup exit activity persisted in the U.S. and Arizona during the fourth quarter, yet Arizona-based startups raised a total of $1.26 billion across 139 deals last year.

Respiratory viruses are still circulating widely in Arizona / KJZZ

The Arizona Department of Health Services confirmed 3,094 influenza cases last week—more than double what’s expected this time of year—and 1,437 RSV cases—which is more than four times higher than average—although the cases are trending downward.

The Top 20 healthcare companies in Arizona / AZ Big Media

According to the Bureau of Labor Statistics, over the next decade health care occupations are set to grow at a rate much faster than other industries. To help highlight this growth, BestCompaniesAZ has developed a list of the Top 20 healthcare companies in Arizona.

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