Arizona Bioscience News: Paradigm Diagnostics raises $8.9M; HonorHealth to break ground on Phoenix hospital; NAU professor maps ticks carrying diseases

August 3, 2018

By Matt Ellsworth

Phoenix bioscience firm raises $8.9M in venture capital for genetic profiling test / Phoenix Business Journal

Paradigm Diagnostics Inc. raised $8.9 million in venture capital to market its genetic profiling test, PCDx, aimed at personalized medicine, bringing the total amount raised by the company to $19.8 million since December 2016.

New ABOR executive director sets sights on university funding, boosting graduation rates / Phoenix Business Journal

John Arnold, the new executive director of the Arizona Board of Regents, wants to increase the number of Arizonans earning a college degree or job certification to boost the state’s workforce and grow the economy.

Tucson startup raises $1M to advance system to improve glaucoma treatment / Arizona Daily Star

Radiance Therapeutics, a Tucson-based startup company, has raised $1 million of a planned $7 million private-financing round to advance a new radiation treatment to prevent complications from a common surgical treatment for glaucoma.

Scottsdale nonprofit to invest $170M to develop hospital in north Phoenix / Phoenix Business Journal

HonorHealth plans to break ground in December on the $170 million, 210,000-square-foot Sonoran Medical Center Campus in north Phoenix that will include a 40-bed hospital that could be expanded to nearly 80 beds, 24-hour emergency care, a Level II neonatal intensive care unit, ambulatory space and other services.

NAU professor rounds up thousands of samples to map ticks carrying Lyme, other diseases / Arizona Daily Sun

A Northern Arizona University professor collected about 16,000 ticks as part of a massive citizen science-based study of ticks and the diseases they carry, resulting in a map of the occurrences of tick-human contact across the country.

Our View: STEM focus needed for Phoenix workforce / Phoenix Business Journal (Op-ed)

Chevy Humphrey, CEO of the Arizona Science Center, and Todd Sanders, President and CEO of the Greater Phoenix Chamber of Commerce, write that positioning Phoenix as the nation’s newest tech hub requires our city’s business, nonprofit, and education leaders to ensure our youth can access enriching, hands-on STEM learning opportunities in and out of the classroom.

Arizona Science Center gets $1M grant from APS Foundation to expand STEM in rural Arizona / Phoenix Business Journal

The APS Foundation awarded a $1 million grant to the Arizona Science Center to expand its Rural Communities Expansion Project to increase science, technology, engineering and math, or STEM, literacy in teachers and students.

Study suggests viral connection to Alzheimer’s disease / Drug Target Review

Scientists at the Arizona State University-Banner Neurodegenerative Disease Research Center and their colleagues at the Icahn School of Medicine at Mount Sinai provide multiple lines of evidence to suggest that certain species of herpesviruses contribute to the development of Alzheimer’s disease.