Tempe brain tumor therapy firm closes $100M round, largest in Arizona this year / Phoenix Business Journal
GT Medical Technologies Inc., a Tempe-based medical device firm, has landed the largest Arizona venture capital round this year to advance its brain tumor therapy. The $100 million round will support continued expansion of GammaTile, which is cleared by the U.S. Food and Drug Administration as a radiotherapy implant to treat brain tumors.
Flagstaff’s bioscience sector receives boost from Flinn Foundation / Flagstaff Business News
Two Flagstaff research teams were each awarded $100,000 in funding from the Flinn Foundation Translational Seed Grants Program to further advance their innovations. TGen North’s Heather Mead is developing a new test to more accurately diagnose Valley fever and Northern Arizona University’s Jared Duval is working on a speech therapy telehealth game to help children with cleft lip and/or palate.
Flinn seed grantee Jonathon Parker of Mayo Clinic Arizona helping treat epilepsy / Flinn Foundation
Dr. Jonathon Parker, a neurosurgeon and neuroscientist at Mayo Clinic Arizona, is developing the Cortalis Neuro software to help clinicians fine-tune brain stimulation settings to better treat epilepsy and reduce seizures.
Office of the Phoenix Bioscience Core to shutter due to budget constraints / Phoenix Business Journal
After six years in operation, the Office of the Phoenix Bioscience Core is shuttering due to budget cuts by the Arizona Board of Regents, but new developments remain on track to open in the 30-acre downtown Phoenix district and Venture Café will continue its weekly events.
Arizona doesn’t protect outdoor workers from Valley fever. Why not? / Arizona Republic
Among the people at high risk for a potentially deadly lung infection called Valley fever are outdoor workers exposed to airborne dust, but they have little protection in Arizona, which typically reports the highest number of cases in the United States.
Medical research hasn’t disappeared. It’s gone nonprofit / Arizona Republic (Op-ed)
Dr. Corey Casper, chief research officer at Banner Health, writes that when federal funding was cut, Arizona’s nonprofit health systems stepped up to keep research moving forward—organizations with the patience, infrastructure and mission-driven focus to pursue answers that may take 15 or 20 years to emerge.
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