Recent BioUtah News & Events

Gregg Hamilton-Piercy, The MFA Companies & Kurt Sheline, Echo Health Ventures, will discuss some of the most common valuation methods. Join Gregg Hamilton-Piercy, CFA, ASA, The MFA Companies, and Kurt Sheline, Echo Health Ventures, for a Lunch and Learn discussion on some of the most common valuation methods being used, the typical investment terms to expect from […]

Join Cambia Grove for The Payer Perspective with Nic Anderson, Managing Partner at LDD Partners, and Jeremy Porter, Operating Partner at Waveny Ventures, to discuss incorporating health economics and a market access strategy into your business plan. This Lunch & Learn will be taking place virtually.  Learn more and register here.

A fourth “interim” bipartisan relief package, the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266), totaling $484 billion, is on its way to the President’s desk for signature. Yesterday, the House easily passed the measure, which would put over $300 billion into the depleted Paycheck Protection Program (PPP), support hospitals, and expand testing […]

Press release courtesy of globenewswire.com April 20, 2020 09:25 ET | Source: Merit Medical Systems, Inc. SOUTH JORDAN, Utah, April 20, 2020 (GLOBE NEWSWIRE) — Merit Medical Systems, Inc. (NASDAQ: MMSI), a leading manufacturer and marketer of proprietary disposable devices used primarily in cardiology, radiology and endoscopy, announced today that it has commenced production of a sample collection […]

On April 22, Governor Herbert announced a new mobile platform that will provide COVID-19 symptom tracking, connects users with testing, and augment current contact tracing mechanisms. In releasing the app, the Governor said, “the more Utahns choose to use this application, the more clearly our public health teams will be able to see exactly where, […]

Drug companies will collaborate across hundreds of clinical trials in effort to coordinate private coronavirus research, which has been marked by chaos thus far The National Institutes of Health announced an initiative Friday to unify disparate efforts across the drug industry to respond to the coronavirus-related pandemic. Pharmaceutical companies will collaborate across hundreds of COVID-19 […]

FOR IMMEDIATE RELEASE: April 20, 2020 Contact: Susen Sawatzki MUSE Communications 801-450-0387  Susen.sawatzki@gmail.com Website: TTCmed.com   The Runnels Total Control Introducer™ guides breathing tube placement to improve patient care and outcomes  [Salt Lake City, UT]  Through the Cords, a Salt Lake City-based company is stepping up production and distribution of its intubation device, the Runnels Total […]

SALT LAKE CITY, April 14, 2020 /PRNewswire/ — Xenocor, Inc. announced the FDA cleared the new Xenocor Disposable 5mm Articulating Laparoscope for minimally invasive abdominal and thoracic surgery. The Xenoscope 5mm articulating disposable laparoscope is designed to improve image quality, reduce fog, lower hospital costs, and reduce bio-hazard risk for the patient and staff. Read the article below on […]

BioUtah has teamed with a local representative of BAMKO to accumulate small orders for Personal Protective Equipment to reach Minimum Order Quantities not easily reached by individual companies.  BAMKO and its affiliate company, Superior, are leading manufacturers of PPE.  For more about these companies, click here. Products available include face masks (surgical and KN95) gloves and […]

Yesterday, the Small Business Administration (SBA) announced that funds had been depleted for the Paycheck Protection Program (PPP). The SBA said on its website that the agency “is unable to accept new applications … based on available appropriations funding.” The SBA reported Thursday morning that more than 1,637,000 loan applications valued at “over $339 billion” […]

Connect directly with business and government leaders from the United Arab Emirates in a virtual trade mission hosted by World Trade Center Utah and the U.S.-U.A.E. Business Council. This two-day digital event provides Utah companies with an opportunity to forge strong business ties in the Middle East without leaving home. When you register, you will […]

Article courtesy of Predictive Techgroup Newsroom SALT LAKE CITY, April 13, 2020 (GLOBE NEWSWIRE) – Predictive Biotech, a wholly owned subsidiary of Predictive Technology Group (OTC PINK: PRED) (“Predictive” or “The Company”), announced that on April 9th it submitted an Emergency Use Authorization (EUA) application with the U.S. Food and Drug Administration (FDA) for the immediate use of mesenchymal […]

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 […]

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 […]

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 […]

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

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

Thank you for your interest in development of diagnostics for SARS-CoV-2.  On March 30, 2020, the FDA updated the frequently asked questions on diagnostic testing to include new and updated information on:  When FDA authorizes a SARS-CoV-2 test for use at the point of care, does that mean it is CLIA waived? I am developing a […]

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

Dear Chamber Member, The Utah Economic Response Task Force is committed to maximizing the number of Utah businesses and individuals benefitting from the many Federal programs and resources that currently exist and those that will exist soon with the signing of the CARES Act. Please review this material so that you can see the many federal programs and […]

Dear Chamber Member:   The Salt Lake Chamber has partnered with the David Eccles School of Business at the University of Utah to offer Chamber members access to “Navigating COVID-19: How to Save Your Business with Mike Leavitt” on April 3, 2020. The forum will provide clear and actionable direction to help local businesses navigate […]

“As the Nation comes together to slow the spread of COVID-19, on March 16th the President issued updated Coronavirus Guidance for America that highlighted the importance of the critical infrastructure workforce. The Cybersecurity and Infrastructure Security Agency (CISA) executes the Secretary of Homeland Security’s authorities to secure critical infrastructure. Consistent with these authorities, CISA has […]

“On January 29, 2020, the Utah Department of Health (“UDOH”) activated a Department Operations Center to respond to the evolving COVID-19 global pandemic, recognizing COVID- 19 as a threat to the health and safety of the residents of the State of Utah (“Utah”). On March 6, 2020, Salt Lake County Mayor Jennifer Wilson recognized the […]

Press release from the Salt Lake County Health Department: Mandatory order emphasizes the importance of staying safe at home, closes some businesses and requires other businesses to more stringently follow social distancing recommendations (SALT LAKE COUNTY)—Today, Mayor Jenny Wilson and Salt Lake County Health Department issued a new public health order to enact further protections […]

The Governor’s Office of Economic Development on behalf of the State of Utah has announced the implementation of a loan program for small businesses.  Loan applications will be taken starting Tuesday, March 31st.  The first round of applications will be closed on April 3, 2020.  Information about the program will be available on the state’s https://coronavirus.utah.gov website. […]

In a time of crisis, it can be hard to keep your business afloat. Learn what government aid options are available to business owners, and how to navigate through COVID-19 while staying compliant and keeping employee morale up.   Register