Category: BioUtah News

Arieli Capital Joins Induction Bio as a Partner and Announces the Establishment of the Induction Reproductive Health Studio – IDEAS

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Reproductive Healthcare Studio focused on advancing pioneering research, developing innovative technologies and building startups that aim to transform reproductive health and fertility HERZLIYA, Israel and SALT LAKE CITY, Utah, July 31, 2024 /PRNewswire/ — Induction Bio, LLC (Induction), a reproductive healthcare company, and Arieli Capital, LLC (Arieli), a multifaceted global investment firm, today announced that Arieli […]

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Utah Innovation Fund Invests in Purgo Scientific

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Utah Innovation Fund is pleased to announce its recent investment in Purgo Scientific, a De Novo biotech firm with a mission to revolutionize treatment of surgical site infections. The Salt Lake City-based startup is Utah Innovation Fund’s seventh investment to date out of its $30M state-backed fund. “What’s unique about Purgo is their focus on […]

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Turner MedTech Joins the Prestigious Inc. 5000 List

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Orem, Utah – August 13, 2024 Turner MedTech, a leading innovator in the medical device and biotechnology sector, is proud to announce its inclusion in the esteemed Inc. 5000 list, a hallmark of entrepreneurial success. The Inc. 5000 list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its […]

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EDWARDS LIFESCIENCES EXPANDS STRUCTURAL HEART PORTFOLIO WITH ACQUISITIONS OF JENAVALVE AND ENDOTRONIX

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IRVINE, Calif.–(BUSINESS WIRE)– Edwards Lifesciences (NYSE: EW) today announced investments that reflect the company’s deep commitment to advancing patient care through structural heart innovation, addressing large unmet patient needs and supporting sustainable long-term growth. Edwards has entered into an agreement to acquire JenaValve Technology, a pioneer in the transcatheter treatment of aortic regurgitation (AR), a […]

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Aspen Laser and TheraLight Complete Corporate and Warehouse Expansion

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LINDON, Utah, June 28, 2024 /PRNewswire/ — Aspen Laser Systems, LLC, and TheraLight, LLC, two co-owned and co-operated, privately held U.S.-based medical device companies specializing in photomedicine, completed an expansion of their corporate headquarters and warehouse in Lindon, Utah, to advance the operations and growth of the company. The expansion, completed in April 2024, adds […]

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Co-Diagnostics Expands Vector Control Customer Base to 25 Customers Across 15 U.S. States

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SALT LAKE CITY, July 2, 2024 /PRNewswire/ — Co-Diagnostics, Inc. (Nasdaq: CODX) (the “Company” or “Co-Dx™️️”), a molecular diagnostics company with a unique, patented platform for the development of molecular diagnostic tests, announced today that use of the Company’s vector control technology will expand to the 15th U.S. state following an installation in Nevada next week. […]

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Epitel Announces Appointment of Wearables Industry Leader Ken Nelson to Board of Directors

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Epitel, a leader in AI technologies for patient-focused brain health solutions, announced today the addition of wearables industry pioneer Ken Nelson to its Board of Directors. With his extensive experience in digital health, medical devices, and remote patient monitoring, Nelson will play a crucial role in guiding Epitel’s growth as the company continues to transform […]

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Merit Medical Announces Asset Purchase Agreement with EndoGastric Solutions, Inc.®

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SOUTH JORDAN, Utah, July 01, 2024 (GLOBE NEWSWIRE) — Merit Medical Systems, Inc. (NASDAQ: MMSI), a global leader of healthcare technology, today announced it has executed an asset purchase agreement with EndoGastric Solutions, Inc. for a total cash consideration of approximately $105 million. EndoGastric Solutions’ EsophyX® Z+ device delivers a durable, minimally invasive non-pharmacological treatment […]

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