Salt Lake City, January 11, 2019: Promotus LLC, a Salt Lake City-based medical device company, has announced the hiring of Frank Sarcone as its new CEO to take the reins on commercialization of its flagship knee rehabilitation product, KneeMD. Having previously supported the company as an industry advisor, Mr. Sarcone joined the team full time […]
BioUtah is proud to announce that Polarity TE has opted to become a Legacy Member of BioUtah. Polarity TE joins Zions Bank as one of only two companies, and the only life science company, in this Elite category of membership. We appreciate not only the support of Polarity TE but also the significance attached to […]
The U.S. House of Representatives passed a year-end tax package on Thursday, December 20 that includes a five-year extension, through 2024, of the current two-year moratorium on the Affordable Care Act’s (ACA) 2.3 percent medical device tax. Although the Senate is not expected to take up the tax measure before adjourning for the year, inclusion of […]
On December 10, the House Ways and Means Committee released tax legislation that includes an extension of the medical device tax moratorium. Specifically, the extension would add another five years to the current two-year delay, providing relief until January 1, 2025. BioUtah applauds this action and urges Utah’s U.S. Senators and Representatives to move on […]
PricewaterhouseCoopers’ (PwC) Health Research Institute (HRI) just released its flagship report, Top Health Industry Issues of 2019. In its 13th year, this report highlights the trends PwC expects to most powerfully impact the US health industry in the coming year. It’s no surprise that the US health industry has lagged behind other industries when it […]
Blocking a Cell Receptor Could Protect Against Deadly Disease. Hantaviruses cause severe and sometimes fatal respiratory infections, but how they infect lung cells has been a mystery. In today’s issue of Nature, an international team reports that hantaviruses gain entry to lung cells by “unlocking” a cell-surface receptor called protocadherin-1 (PCDH1). Deleting this receptor made […]
Dear Colleague, Please join us at BioBreak in Utah on Thursday December 6th, from 5:00-7:00 pm. This life science networking event is tailored exclusively for senior executives. BioBreak is a non-profit organization launched in 2006 in Philadelphia with the goal of bringing together senior executives from across the biotech, pharma, medtech, diagnostics and investment industries. We bring […]
The Governor’s Office of Economic Development (GOED) today announced that Merit Medical Systems, Inc. will expand in Utah, adding up to 1,010 jobs, $71 million in state revenue, and an estimated $505 million in capital investment. “Merit is a homegrown company that has responsible growth, great tech and demonstrated success. This internationally known company is […]
Murray, November 5, 2018 – Manufacturing is a leading industry and a major contributor to the success Utah’s strong economy. There are more than 3,500 manufacturing companies which employ a significant workforce in Utah. Annually, the Utah Manufacturers Association recognizes several Utah manufacturing companies for their efforts in improving manufacturing processes, contributing to their communities, […]
Despite the best efforts of cartoonists, mice are not little humans. In one particular way mice are superior to us because they can get the niacin they need in two ways. One is through food, like humans do, and the other is through the amino acid tryptophan, making it almost impossible for mice to become […]
Nov. 1, 2018 (Salt Lake City)—The University of Utah’s Center for Technology & Venture Commercialization (TVC) has signed a memorandum of understanding with PROTECS to manage an incubator in the university’s Research Park. TVC will provide programming for the incubator, as well as comprehensive startup support services for TVC licensees. This will be the first […]
On Tuesday, Sept. 25, Gov. Gary R. Herbert addressed the breakfast plenary session of the 2018 MedTech Conference, telling the packed ballroom of 3,000 national and International medical technology executives and stakeholders about Utah’s exceptional life sciences industry, and raising the profile of the state as the place to be for innovation, growth and better […]