BioInspire Already Helping Medical Device Companies

It takes a lot to impress a former head of state.

But BioInspire, a newly opened incubator for companies that make medical devices, did just that for former Mexican President Vicente Fox when he visited the facility.

Fox was one of the first people to tour the innovative wet lab incubator center and to understand BioInspire’s resources and expertise to develop new medical devices and grow their companies. And he was impressed enough that he pledged to introduce companies in Mexico to the concept.

It’s indicative of a strong start for the Peoria-based facility, which is a joint effort between Plaza Companies, the City of Peoria, AZ and BioAccel. The Plaza Del Rio campus is the home of BioInspire, which received economic development funds from the city, is operated by BioAccel, and is the brainchild of the City of Peoria Economic Development Office, and Sharon Harper, president and CEO of Plaza Companies.

It is a unique partnership that is already showing positive results in the creation of new jobs in the area and in positioning Peoria and the West Valley as a hub for innovation and technology.

Harper says the goal of BioInspire is to help start-up companies in the competitive field of medical device innovative gain a competitive edge.

“If we can help companies in this industry succeed, it will create a ripple effect that will be very positive for our community,” she says. “These companies will help bring more jobs and more innovation to the area, which will promote a stronger economy. And they will help us position the greater Phoenix area as a true hub for the medical community.”

The five companies already operating at BioInspire include:

• Arizona Medical Systems, which is developing groundbreaking products for vascular and cardiovascular procedures.

• Hildeez, which is developing garments to assist in recovery from knee and joint replacements.

• Kulitra, a company that is creating new products for improved surgical pathology.

• Nasseo, which has developed a highly improved dental implant for bonding to the bone in major dental procedures.

• Yolia Health, which has created new technology for treating vision disorders.

Excerpted from the Peoria Times. Click here to read the full article.