Recent BioUtah News & Events

ProLung, now IONIQ Sciences (IONIQ), has been on a roll! Last week, the company announced that they had fully subscribed a $3.3 million private placement. This week, the company unveiled its new name and also announced the initiation of an institutional private equity offering. The new corporate name – IONIQ Sciences – reflects the company’s mission […]

A letter from departing BIO president Jim Greenwood originally sent May 27, 2020 After more than fifteen years as President and CEO of BIO, I will pass the baton to Michelle McMurry-Heath on June 1st. It has been a fascinating period for me and for the biotechnology sector. I am proud of the unparalleled team […]

Multicenter ACTIVATE I Study to Enroll up to 15 Patients in the U.S. SALT LAKE CITY – May 27, 2020 –  (Alucent Biomedical) Alucent Biomedical Inc. announced that it has enrolled the first two patients in ACTIVATE I, a Phase 1 clinical trial to evaluate the safety and efficacy of its revolutionary Natural Vascular Scaffolding […]

The House on Thursday passed legislation to make it easier for small businesses to have their PPP loans forgiven, including extending the timeframe during which businesses must use funds and easing requirements on how the funds can be used. The Paycheck Protection Program (PPP) Flexibility Act, authored by Rep. Dean Phillips (D-Minn.) and Rep. Chip […]

SALT LAKE CITY (May 27, 2020) – Gov. Gary R. Herbert has issued an Executive Order updating guidelines for areas in low health risk designation under Utah’s phased health guidance plan. The order specifically addresses updated guidelines pertaining to social gatherings, education, businesses, travel and events. “We are making progress and we can see that […]

On May 11, 2020, the Governor’s Office of Economic Development (GOED) began accepting applications for the Utah Commercial Real Estate Assistance Program, to provide rental relief to small businesses that have lost revenue as a result of COVID-19 mitigation efforts. The program, with $40 million in funds, has received 2,700 applications to date, totaling just […]

The U.S. House of Representatives is expected to vote next week on bipartisan legislation, the Paycheck Protection Flexibility Act, which would revamp the popular Paycheck Protection Program (PPP) to allow for more flexible terms. In Utah, for rounds one and two of funding, a total of 47,046 businesses have received PPP loans, amounting to nearly […]

On May 14, President Trump signed an executive order to encourage the domestic production of  critical medical supplies. In the current pandemic, U.S. reliance on China for products such as personal protective equipment, ventilators, and antibiotics, has drawn increased interest in having critical drugs and medical devices manufactured in the homeland. The order would give […]

PPP loan forgiveness questions?  Learn how to maximize your approval for loan forgiveness and understand the new Forgiveness Form Application. Your PPP loan has been submitted, accepted or received! Now what??? Many companies have worked with a SBA lender and have had their loan submitted, accepted or funded and wonder how to maximize the forgiveness […]

BioUtah and Utah’s life sciences community mourns the death of one our own, John “Brent” Hunt, age 59.  He was founder and CEO of Soft Cell Biological Research (Soft Cell). Soft Cell issued a press release following his passing.  According to a report by KSL, he was reported missing on Friday, May 4 after failing […]

On June 3-4, the Association of University Research Parks will be holding their Virtual Bio Health Caucus. BioUtah will be one of six cluster leaders presenting at the conference to discuss the growth of the life sciences sector in our area. That presentation will be at noon MDT on June 3.  While this year’s event […]

How can we advance the utilization of innovations in healthcare? By lending them extra visibility to key stakeholders!   Impactful Innovation Exchange   Calling All Solutions!   Cambia Grove is launching the Impactful Innovation Exchange – a free comprehensive platform where health care stakeholders can search for emerging and/or proven innovations to solve their high […]