Arizona Bioscience News: UA doctor developing schizophrenia test; Paraffin International raises $3.6M; ASU professor to test canine cancer vaccines

January 18, 2018

By brianpowell

University of Arizona doctor works to develop biological test for schizophrenia / Arizona Republic

A doctor at the University of Arizona College of Medicine in Phoenix is working to develop what is believed to be the first biological test to diagnose schizophrenia.

Plaza Cos. breaks ground on $16M Banner Health property in West Valley / Phoenix Business Journal

Peoria-based Plaza Cos. has broken ground on a $16 million medical office project—a four-story, 64,000-square-foot property— on Banner Health’s Banner Estrella Medical Campus in the West Valley with its opening scheduled for December.

Downtown Phoenix has seen 318 percent increase in tech companies since 2012 / Phoenix Business Journal

Solera Health Inc., a cloud platform that connects patients and physicians with a network of community organizations for preventing and managing chronic diseases, is located in downtown Phoenix, which has seen a major boom in tech companies in the past five years.

10 hottest sectors in Arizona’s tech community for 2018 / AZ Big Media (Op-ed)

Steven Zylstra, president and CEO of the Arizona Technology Council, says health and bioscience is one of the 10 hottest sectors in the state’s tech community, citing diagnostics, medical devices, hospitals, and philanthropy as contributing toward the growth of Arizona’s bioscience industry.

ASU professor awarded $6.4M grant to test canine cancer vaccines / Fox 10

An Arizona State University professor has received a $6.4 million grant to test canine cancer with the hope the vaccine could help people as well as dogs.

Oprah-endorsed paraffin wax treatment startup raises $3.6 million Series A round / Phoenix Business Journal

Phoenix-based Paraffin International Inc., whose paraffin wax treatment gloves have been featured by Oprah Winfrey and “Good Morning America,” recently raised $3.6 million and is in the process of registering for a medical device license.

$200M endowment campaign launches to support commercialization of health care innovations in Arizona / Phoenix Business Journal

The Arizona Bioindustry Association has teamed up with two foundations to raise a $200 million endowment by the end of 2018 to support the commercialization of health care innovations developed by Arizona-based researchers and entrepreneurs.