Arizona Bioscience News: Phoenix Children’s starts expansion project; STEM conference coming to Phoenix; Startup contest takes place

December 10, 2015

By Amy Pitney

PCH2Arizona bill with ACC endorsement aims to shut the gate on California-bound venture capital / Phoenix Business Journal

Arizona is taking steps to help startups receive venture capital, moves recognizing that setting up private angel- and seed-investment funds—crucial early capital for startups—has been easier in regulation-rich California than in loosely regulated Arizona.

Phoenix Children’s Hospital breaks ground on $60M project / Phoenix Business Journal

Phoenix Children’s Hospital has broken ground on a $60 million project scheduled to open in late 2017 that will include a $40 million emergency department and a Level 1 pediatric trauma center.

Why Phoenix teachers are planning a first-of-its-kind national STEM conference / Phoenix Business Journal

The 21st Century STEM: Integrate2Innovate conference, a national science, technology, engineering and math event, is coming to Phoenix in January and will provide educators and lawmakers with access to a large network of information, experts, and industry insight. Read Also: Integrate2Innovate coming to Phoenix in January

Tucson diagnostics firm to sell $80 million in stock / Arizona Daily Star

Tucson-based Accelerate Diagnostics Inc., which has launched a proprietary system to rapidly identify bacterial and fungal infections in blood samples, has launched an underwritten, secondary public offering of $80 million of shares of its common stock.

Tucson hospital network laying off 3 percent of workforce / KJZZ

Carondelet Health Network, which earlier this year switched from being a nonprofit to a for-profit company, will furlough about 100 people in its southern Arizona Catholic hospital chain.

Seven startups will compete Wednesday in AZ Tech Council’s StartupConnect AZ conference / Phoenix Business Journal

A medical device company is one of seven startups that competed in a pitch contest with the grand prize winner receiving all of the ticket sales from the third annual StartupConnect AZ conference in Scottsdale, which aims to connect, showcase and educate the state’s growing startup ecosystem.