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Category Archives: COVID-19 Updates

Quansys Biosciences Releases Multiplex Human Serological SARS-CoV-2 (4-plex) ELISA

Quansys Biosciences releases the first multiplexed serological assay for SARS-CoV-2 to be used in surveillance studies. Logan, UT, April 9, 2020 – Quansys Biosciences in Logan, Utah, released their SARS-CoV-2 Human IgG(4- plex) enzyme-linked immunosorbent assay (ELISA) for the qualitative detection of SARS-CoV-2 reactive IgG class antibodies in human serum and plasma. SARS-CoV-2 is the […]

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Paycheck Protection Program Has Bumpy Start

The Paycheck Protection Program (PPP) went live April 3, but the process hasn’t gone as smoothly as hoped. The program, recently enacted as part of the Coronavirus, Aid, Relief, and Economic Security Act (CARES), provides $349 billion in funding for small businesses hit hard by COVID-19. Lenders in Utah and across the nation have been […]

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Co-Diagnostics, Inc Receives FDA Emergency Use Authorization for COVID-19 Test

Salt Lake City, Utah – April 6, 2020 – Co-Diagnostics, Inc. (Nasdaq:CODX), a molecular diagnostics company with a unique, patented platform for the development of diagnostic tests, announced today that its Logix Smart™ Coronavirus COVID-19 Test has obtained Emergency Use Authorization (EUA) by the Food and Drug Administration (FDA) to be used for the diagnosis of SARS-CoV-2. The […]

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COVID-19 Resources for Utah Businesses

The Utah state government has compiled a web page of resources for businesses in Utah in the wake of the pandemic. The page includes state and federal resources for loans, programs, responses, directives, and more. See the link below to learn more.   Resources

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National Institutes of Health Accepts Late Grant Applications Given COVID-19 Emergency

On March 26, NIH announced that grant applications submitted late would continue to be accepted recognizing that the emergency declaration related to novel coronavirus (COVID-19) would “adversely affect many NIH applicants’ ability to submit applications in a timely manner.”   Specifically, all grant applications submitted late for due dates between March 9, 2020, and May […]

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UTAH LEADS TOGETHER – STATE COVID-19 BRIDGE LOANS GO LIVE

On Tuesday, March 31, the Utah Leads Together Bridge Loan Program led by the Governor’s Office of Economic Development (GOED) went live, accepting applications for its first $4 million round of loans. The loans are targeted for small businesses with 50 or fewer employees who are experiencing financial hardship due to the coronavirus. Loan amounts […]

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IRS: Employee Retention Credit available for many businesses financially impacted by COVID-19

WASHINGTON — The Treasury Department and the Internal Revenue Service today launched the Employee Retention Credit, designed to encourage businesses to keep employees on their payroll. The refundable tax credit is 50% of up to $10,000 in wages paid by an eligible employer whose business has been financially impacted by COVID-19. Click below for answers to […]

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Paycheck Protection Program Loans Move Forward SBA/Treasury Department Issue Guidance

On March 31, the Treasury Department and Small Business Administration (SBA) released initial guidance and a sample application form for the Paycheck Protection Program (PPP). The PPP was enacted as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES), which was signed by President Trump on March 27. Yesterday, the Treasury Department issued […]

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CARES Act Includes Rep. Curtis’ small business Advance Payment for Paid Leave

On March 20, after passage of the Families First Coronavirus Response Act (FFCR), Representative John Curtis (R-UT), sent a letter to Treasury Secretary Steven Mnuchin calling for advance payments to small businesses so they can pay for required COIVD-19 paid leave while awaiting their federal tax credits provided under the FFCR. The FFCR requires paid […]

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Treasury and SBA Begin Unprecedented Public-Private Mobilization Effort to Distribute Emergency Funds

WASHINGTON – Following President Trump’s signing of the historic Coronavirus Aid, Relief, and Economic Security (CARES) Act, SBA Administrator Jovita Carranza and Treasury Secretary Steven T. Mnuchin today announced that the SBA and Treasury Department have initiated a robust mobilization effort of banks and other lending institutions to provide small businesses with the capital they […]

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BD, BioMedomics Announce Launch of Rapid Serology Test to Detect Exposure to COVID-19

March 31, 2020 Point-of-care blood test detects evidence of present or past exposure in 15 minutes FRANKLIN LAKES, N.J. and MORRISVILLE, N.C., March 31, 2020 /PRNewswire/ — BD (Becton, Dickinson and Company) (NYSE: BDX), a leading global medical technology company, and BioMedomics, a privately held, North Carolina-based clinical diagnostics company, today announced the release of […]

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Zions Bank Paycheck Protection Program

The Coronavirus Aid Relief, and Economic Security (CARES) Act has allocated $350 billion to help small businesses keep workers employed during this emergency. And our experts can help you access these funds through 100% federally guaranteed loans. GET STARTED More Information

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