News and Updates
Bioscience
Celgene, with strong Phoenix presence, acquired by Bristol-Myers Squibb
Celgene, which has operated a biopharmaceutical manufacturing plant in Phoenix for nearly a decade, has been acquired by Bristol-Myers Squibb for about $74 billion, a merger that creates a global biopharma company with a focus on patients with cancer, inflammatory and immunologic disease, and cardiovascular disease. The combined company will have nine products with more […]
Arts and Culture
Flinn Foundation awards $60,000 to rural arts groups
Six Arizona arts-and-culture groups, from Globe to the international border, have received a combined $60,000 in grants as part of a Flinn Foundation-supported program designed to spur engagement between the small-town organizations and their communities. The Creative Communities Program provides funding to arts and culture organizations within small and rural communities that have participated in […]
Bioscience
Precision medicine collaborations to continue through Flinn seed-grants program
By Brian Powell Flinn Foundation Seven research partnerships between Arizona biomedical scientists and clinicians are being funded through a Flinn Foundation program to advance the state’s growing niche in precision medicine. The research projects are being supported through awards totaling $1 million under the Foundation’s Seed Grants to Promote Translational Research in Precision Medicine Initiative, […]
Bioscience
Tax credit for angel investments fuels bioscience startups
A tax credit approved by the Arizona Legislature to incentivize investment in early-stage bioscience and technology companies has proven to be a popular tool among local funders. The impact of the Angel Investor Tax Credit program has been millions of dollars invested in Arizona startup companies, resulting in business and job growth and more than […]