Arizona Bioscience News: GPEC’s federal grant; $6M for Planatome; Tucson’s Ancerix

October 26, 2023

By Jessica Vaile

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GPEC earns grant to accelerate smart medical device manufacturing / AZ Big Media

The Greater Phoenix Economic Council, as part of a consortium of 25 public, private and academic partners focused on increasing medical device manufacturing in the region, has been awarded a federal planning grant to further its strategic work.

Tucson Tech: U of A tech spinoff creates toolkit to remove stuck surgical screws / Arizona Daily Star

Ancerix, a Tucson startup, is working to perfect and market new tools to help orthopedic surgeons cleanly remove stuck medical hardware like screws and rods, based on technology invented at the University of Arizona.

Taiwan Semiconductor Manufacturing Co. nearing manufacturing start date in north Phoenix / Arizona Republic

Taiwan Semiconductor Manufacturing Co. has refined the opening schedule for its giant semiconductor-manufacturing operations in north Phoenix, with an official production launch slated for the first half of 2025.

Medical device innovator secures $6M investment for expansion / Greater Phoenix InBusiness

Planatome, a Phoenix-based medical device company that applies atomic-level polishing from the semiconductor industry to create advanced surgical blades for better patient outcomes, announced the closing of its $5 million Series A equity investment round plus an additional $1 million convertible venture debt commitment.

Optum staffing up at massive East Valley pharmacy facility / Phoenix Business Journal

Optum Rx, the pharmacy care arm of UnitedHealth Group, is operating a new 213,000-square-foot Mesa facility which is home to the company’s first Arizona home delivery pharmacy that will serve rural communities and improve delivery times in the Southwest.

Phoenix orthopedic surgeon grows his company to $1B operation, continues to expand nationally / Phoenix Business Journal

With annual revenue approaching $1 billion, Phoenix-based Healthcare Outcomes Performance Co. continues its expansion nationwide with a new joint venture as more physicians, health systems and payers join its platform.

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