Arizona Bioscience News: Scottsdale life science building; Venture Madness; UArizona incubator to Sierra Vista

April 21, 2023

By Jessica Vaile

LA firm commits $20M for major renovation of Scottsdale’s Ilume Innovation Center / Phoenix Business Journal

A planned renovation of a building at Loop 101 and Scottsdale Road designed by architect Will Bruder will help transform the 370,000-square-foot facility into a fully lab-enabled life science facility.

Venture Madness 2023: Meet the winners from this year’s Arizona startup competition / Phoenix Business Journal (AZ Inno)

Venture Madness, the state’s longest-running pitch competition for startups, selected its 2023 winners from 17 finalists while featuring Q&A panels and an expo hall.

Venture capital deals in Arizona decline in Q1, report says / Phoenix Business Journal (AZ Inno)

Arizona companies inked 26 deals totaling $131.5 million in the first quarter, compared to 44 deals and $222.2 million raised during the same period last year, according to a new report. Major deals included $45 million for GT Medical Technologies, $6 million for NeoLight, and $5 million for CND Life Sciences.

Phoenix’s winter rain may lead to more West Nile virus cases / KJZZ

The wet winter in the Phoenix metro area could lead to more mosquitoes this summer and a possibility of more West Nile virus cases than the 75 reported last year.

UA tech incubator expands to Sierra Vista / AZPM

The University of Arizona’s Center for Innovation is expanding into Sierra Vista and providing local technology startups the opportunity to get a leg-up with its incubator program.

My View: How Arizona’s STEM ecosystem is building up a needed workforce / Phoenix Business Journal (Op-ed)

Steve Zylstra, president and CEO of the Arizona Technology Council, writes that the SciTech Institute promotes STEM awareness and enthusiasm, builds local and diverse STEM leadership, and supports Arizonans’ entering higher-ed and STEM career pathways.

Upcoming Events / 

April 25: Introduction to Venture Capital & Entrepreneurship

April 28: 8th Annual ABRC-Flinn Research Conference

May 2-3: Tucson Symposium: Innovations in Cancer Medicine