Whether you are a solo entrepreneur, starting a company, or running an established corporation, you should be aware of issues such as IP ownership, freedom-to-operate, patentability, patent portfolio management and cost control. For more information, click here. […]
August 21, 2020 Update Thank you to everyone who submitted applications for the $2M of CARES Act funding appropriated by the Utah Legislature to support the response to COVID-19. Applicants were awarded grants through a multi-step review process. At this point, all $2M in CARES Act funding appropriated by the legislature has been distributed. Thank […]
The Senate Finance Committee held a hearing this week on the FDA’s oversight of foreign drug manufacturers, which also highlighted increased concerns about the U.S.’s dependence on foreign-made medicines. The committee heard testimony from FDA officials and generic drug manufacturers, including Salt Lake-based Civica. Founded in 2018, Civica, a non-profit social welfare organization, is committed to […]
By Brandon Allfrey, Partner, Squire, Brandona@squire.com Late Wednesday evening, the U.S Senate passed by unanimous consent the Paycheck Protection Program Flexibility Act of 2020 to ease some of the original rules of the PPP application and forgiveness rules from the CARES Act and the subsequent guidance from the Treasury Department. The details of the Act did not change from the […]
WEBINAR: IMAGING APPLICATIONS FOR R&D, SCREENING & QUALITY ASSURANCE – Thursday, June 24, 2020, 1:00 pm Eastern Collecting imaging data on the microscopic scale has become an essential part of any life sciences venture. Images not only provide striking visual insights into the microscopic world, they also contain a host of quantifiable, multi-dimensional information that can […]
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 […]