Recent BioUtah News & Events

Author: Anja Petschauer Co-authors: Anna Derschang, Melitta Gilllespie gwSaar has been a member of BioUtah and a trusted partner of the State of Utah for many years. As a German investment promotion agency, we can observe the economic trends developing in our crisis-stricken global economy first-hand. We are honored that BioUtah has asked us to provide […]

BioUtah’s newest Associate Member is Greg Gunn at Colliers International.  With over 35 years of experience in commercial real estate, Greg has negotiated over $700 million in leases representing properties anywhere from 1,000 to 145,000 square feet in size.  As a Senior Vice President at Colliers International, Greg has been impressed with the growth of […]

The Advanced Medical Technology Association (AdvaMed) has consistently indicated that the United States should not be imposing tariffs on medical technology. USTR’s moves in that direction are welcome. We are grateful to USTR for its recent decision to grant exclusions for a range of personal protective equipment (PPE) imports from China. This action could help […]

Last week, the Utah State Legislature wrapped up three special sessions in which lawmakers passed a number of bills to respond to the COVID-19 crisis, including measures to expand unemployment benefits and to provide immunity from coronavirus claims for business operators. Another special session will be held, likely in May, to consider adjustments to the […]

PhotoPharmics, a pioneer in specialized phototherapy, announced on April 29, that it has received FDA Breakthrough device designation for the company’s non-invasive Specialized Phototherapy Device. “Hats off to Utah’s PhotoPharmics,” said Kelvyn Cullimore, president and CEO of BioUtah. “Earning this Breakthrough designation is a significant value driver for a privately-owned device company.” “Our device is […]

Summary: This procedure was performed to evaluate the particle penetration and air flow resistance properties of filtration materials. A neutralized, poly-dispersed aerosol of sodium chloride(NaCI) was generated and passed through the test article. The performance of the test article was assessed by measuring the concentration of salt particles penetrating the test article compared to the […]

Renalytix AI plc (LSE: RENX), the AIM-traded developer of clinical grade artificial intelligence in vitro diagnostics for kidney disease, announces that the KidneyIntelX™ platform will be used by investigators from the Icahn School of Medicine at Mount Sinai to assess the risk of adverse kidney events in patients diagnosed with COVID-19. Acute and chronic kidney disease is strongly associated with severity […]

PhotoPharmics achieves priority designation for innovative PD therapy April 29, 2020, Salt Lake City, UT— PhotoPharmics, a pioneer in specialized phototherapy, today announced that it has received FDA Breakthrough device designation for the company’s non-invasive Specialized Phototherapy Device. This prescription device is intended as an adjunct therapy for the treatment of Parkinson’s disease. It is […]

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