Arizona Bioscience News: Nine bio firms advance in Innovation Challenge; Axolotl Biologix acquired by private equity firm; Abrazo Health adds medical residencies

May 9, 2019

By Matt Ellsworth

25 semifinalists named in Arizona Innovation Challenge / Phoenix Business Journal

Nine biotech companies were among the 25 semifinalists selected by the Arizona Commerce Authority for its Spring 2019 round of the Arizona Innovation Challenge, a business plan competition for promising early-stage companies that will award up to $1.5 million.

Starved for cash, Valley biotech firm acquired by Texas private equity firm; CEO out / Phoenix Business Journal

A Texas private equity firm has purchased Axolotl Biologix Inc., a Valley biotech firm that hopes to proceed with clinical trials of the regenerative human cell and tissue medical technologies it makes.

Ordinatrix to commercialize Biodesign Institute’s protein microarray technology / GenomeWeb

Joshua LaBaer, executive director of Arizona State University’s Biodesign Institute, is launching Ordinatrix to commercialize his lab’s Nucleic Acid Programmable Protein Array (NAPPA) technology with plans to begin sales in July.

AI model predicts TB resistance / The Harvard Gazette

A Harvard undergrad has designed an artificial intelligence model that predicts tuberculosis resistance to 10 most commonly used drugs using data from various countries curated by researchers at the Critical Path Institute in Tucson.

More Valley hospitals beef up residency programs to tackle physician shortage / Phoenix Business Journal

Abrazo Community Health Network is launching two new medical residencies in general surgery and internal medicine to attract and retain future physicians, one of many Valley health systems focused on combatting the state’s physician shortage.

Ultrasound in the palm of your hand / Phoenix Business Journal

Tucson-based Emagine Solutions Technology’s mission is to make medical imaging more accessible by leveraging smartphones to create affordable mobile ultrasound machines using their VistaScan software application.

UA clinic provides free psychiatric care while giving students an opportunity to learn / Arizona Daily Star

Students with the University of Arizona’s College of Medicine in Tucson operate a clinic that offers uninsured community members free treatment for mental illness and neurological disorders while giving students an opportunity to hone their skills.

New brain disorder identified that’s similar to Alzheimer’s disease / KJZZ

Dr. William Burke at the Banner Alzheimer’s Institute talks about LATE, a newly identified form of dementia, and how it could impact clinical trials.

Biotechnology: Classroom to career / Tucson Local Media

Students at Ironwood Ridge High School in Oro Valley work with science objects typically found in a professional laboratory, including human cells, while receiving real-world experience.

Upcoming Events

May 17—Statewide Symposium in Regenerative Medicine, ASU Skysong, Scottsdale

May 17- Brain Injury Alliance of Arizona Conference, Desert Willow Conference Center, Phoenix

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