PHOENIX-(BUSINESS WIRE)- #Arizona -Arizona's bioscience sector is performing at its highest level since data tracking began nearly two decades ago, helping to position universities, research institutes, companies, and clinicians to play an instrumental role in Arizona's response to the new coronavirus.
Bioscience firms received nearly $200 million in venture-capital funding, and National Institutes of Health grants to universities, research institutes, and firms totaled $263 million in 2019. Meanwhile, university research and development increased 25% between 2016 and 2018 to exceed $600 million.
